Relating to retirement

ARTICLE 1 - CLARIFYING LANGUAGE; REMOVING OBSOLETE LANGUAGE; REVISING OUTDATED REQUIREMENTS

Clarifying certain language; removing certain obsolete language and revising certain outdated requirements; repealing a provision relating to the transfer of prior MSRS general service credit

ARTICLE 2 - CONTRIBUTION RATE REVISION PROCEDURES; MSRS GENERAL, CORRECTIONAL, AND STATE PATROL PLANS

Revising the contribution rate for the general state employees retirement plan, the correctional state employees retirement plan and the state patrol retirement plan; repealing the procedure for revising employee and employer contributions in certain instances

ARTICLE 3 - REVISING COMMISSION STANDARDS AND FINANCIAL REPORT CONTENT PROVISIONS

Modifying certain legislative commission on pensions and retirement standards for pension valuations and cost estimates and contents of a public pension fund financial required report

ARTICLE 4 - DISABILITY BENEFIT ADMINISTRATION REVISIONS

Modifying the definition of certain terms; modifying medical adviser designation; modifying provisions relating to permanent disability benefits including medical or psychological examinations, independent medical examination or vocational rehabilitation counseling, regular medical or psychological examinations, refusal of examination; requiring certain disabilitant earning reports

ARTICLE 5 - MERGER OF ELECTED STATE OFFICERS RETIREMENT PLAN INTO THE LEGISLATORS RETIREMENT PLAN

Merging the elected state officers retirement plan into the legislators retirement plan; modifying certain actuary retention provisions; modifying provisions relating to combined service annuities, exemption from the process and postretirement adjustments; specifying application; repealing certain provisions relating to legislators retirement plan retirement allowance, retirement plan application; elective state officers retirement plan application, administration and benefit adjustments
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