Modifies provisions relating to the Missouri Local Government Employees' Retirement System
The provided context does not include specific details about SB 514's content, such as what provisions are being modified, who is affected, or the key mechanisms. The official abstract only states it "modifies provisions relating to the Missouri Local Government Employees' Retirement System" without outlining concrete changes. Since the summary requires specific policy details and the context lacks them, a factual summary cannot be generated. The bill's current status (prefiled, committee hearing) does not describe its substantive provisions.
Bill status
in committee
1 of 4 stages cleared
Introduction
Dec 2024
Committee Review
Floor Vote
Governor
Introduced Dec 18, 2024
Last action Mar 24, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Introduced
→
Senate Committee Substitute - Committee Version
·
4 edits
MODERATE
The bill was amended to expand its scope by adding section 105.688 to the list of repealed statutes and increasing the number of new sections from eight to nine. Additionally, the committee version added a new benefit program (L-6) and modified the temporary allowance calculation for program LT-5, while removing certain formatting and explanatory notes from the original draft.
Scope change
The bill now repeals an additional statute (105.688) and creates a new section (105.688) in the retirement system, expanding the legislative scope from local government employees' retirement system to public employee retirement systems.
SCOPE
Added repeal of section 105.688 and creation of a new section 105.688 to the bill's scope.
FISCAL
Added a new benefit program L-6 with a 2% benefit multiplier for eligible members.
Modified the temporary allowance for benefit program LT-5 from one percent to three-quarters of one percent for members retiring under certain conditions.
TECHNICAL
Removed explanatory notes about bold-faced brackets and formatting artifacts from the original draft.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
2
Committee
2
Mar 24, 2025
Upper · Passed
SCS Voted Do Pass S Local Government, Elections and Pensions Committee (1793S.02C)
upper
Mar 10, 2025
Upper · Passed
Hearing Conducted S Local Government, Elections and Pensions Committee
upper
Dec 18, 2024
Introduced
Prefiled
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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