16 CSR 10-6.060 Service Retirement

Title 16—RETIREMENT SYSTEMS 
Division 10—The Public School Retirement System of Missouri 
Chapter 6—The Public Education Employee Retirement System of Missouri

PROPOSED AMENDMENT: 16 CSR 10-6.060 Service Retirement. The Public School Retirement System is amending section (14).

Summary:

This amendment allows a PEERS retiree to work under section 169.596 in any position and up to full-time for a PEERS-covered school employer. It also sets forth when employers must notify the Public Education Employee Retirement System of critical shortage employment.

Proposed Rule:

(14) Pursuant to section 169.596, RSMo, a person receiving a retirement benefit from the Public Education Employee Retirement System of Missouri (PEERS) may employed up to full-time for [up to two (2) years] no more than twenty-four (24) months for a PEERScovered school district without a suspension of his or her retirement benefit provided that such school district certifies that it has met the requirements set forth in section 169.596, RSMo, and provided that such school district does not exceed the limit on the number of PEERS retirees that may be hired pursuant to section 169.596, RSMo.

(C) The school district shall notify PEERS in a manner acceptable to PEERS of the school district’s intent to hire a PEERS retiree under section 169.596, RSMo prior to the first date of such employment.

[(C)](D) A school district hiring a PEERS retiree under section 169.596, RSMo, shall certify to PEERS through the Online Automated System Integrated Solution (OASIS) or in another manner acceptable to PEERS that— 1. It has met the requirements of section 169.596, RSMo; and 2. It has not exceeded the limit on the number of PEERS retirees it may hire under section 169.596, RSMo.

MO State Register