HB 2884 — Modifies provisions relating to public employee retirement systems
Last action — Placed Back on Formal Perfection Calendar (H)
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✓Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill is in committee in the House. Introduced January 08, 2026. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the House.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
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Prognosis
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In Committee
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Bill Text
What changed in the latest version
224 added · 8 removedPlain-language change summary
The bill HB 2884 has been amended to repeal several sections related to public employee retirement systems and replace them with new provisions. Notably, it clarifies how errors in retirement benefits will be corrected and outlines the process for recovering overpayments, while also setting a ten-year limit for correcting non-fraudulent errors. This change is important as it provides clearer guidelines for both the employees and the retirement boards, ensuring that members receive the correct benefits they are entitled to while also protecting the systems from long-standing errors.
SECOND REGULAR SESSION HOUSE COMMITTEE SUBSTITUTE FOR HOUSE BILL NO.NOS.
2884 & 1655 103RD GENERAL ASSEMBLY INTRODUCED6036H.03C BYJOSEPH REPRESENTATIVEENGLER, HOVIS.Chief Clerk AN ACT To repeal sections 86.213, 104.200, 104.490, 104.1060, 104.1092, and 169.450, RSMo, and to enact in lieu thereof seven new sections relating to public employee retirement systems.
6036H.01I JOSEPH ENGLER, Chief Clerk AN ACT To repeal section 86.213, RSMo, and to enact in lieu thereof one new section relating to police retirement systems for certain cities.
SectionSections 86.213, 104.200, 104.490, 104.1060, 104.1092, and 169.450, RSMo, isare repealed and oneseven new sectionsections enacted in lieu thereof, to be known as sectionsections 86.213, 104.200, 104.490, 104.1060, 104.1092, 105.695, and 169.450, to read as follows:
(3) Three members who are actively commissioned officers of the municipal police force of any city not within a county to be elected by [the] those members of the retirement system who are actively commissioned officers of the municipal police force of [the]EXPLANATION any— cityMatter enclosed in bold-faced brackets [thus] in the above bill is not withinenacted aand countyis forintended ato termbe ofomitted threefrom years;the law.
provided, however, that the term EXPLANATION — Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is intended to be omitted from the law.
HBHCS HBs 2884 2& of1655 office2 of[the] theany firstcity threenot memberswithin soa electedcounty shallfor begina immediately upon their election and one such member's term shallof expire one year from the date the retirement system becomes operative, another such member's term shall expire two years from the date the retirement system becomes operative and the other such member's term shall expire three yearsyears; from the date the retirement system becomes operative;
provided, however, that the term of office of the first three members so elected shall begin immediately upon their election and one such member's term shall expire one year from the date the retirement system becomes operative, another such member's term shall expire two years from the date the retirement system becomes operative and the other such member's term shall expire three years from the date the retirement system becomes operative;
104.200.
Should any error in any records result in any member or beneficiary receiving more or less than he or she would have been entitled to receive had the records been correct, the board shall correct such error, and, as far as practicable, to recover any overpayments, may accept single sum or installment repayments or make future payments in such a manner that the actuarial equivalent of the benefit to which such member or beneficiary was entitled shall be paid[, and to this end may recover any overpayments] until the overpayment is recovered in full.
In all cases in which such error has been made, no such error shall be corrected unless the system discovers or is notified of such error within ten years after the member's annuity starting date or the date of error, whichever occurs later.
In cases of fraud, any error discovered shall be corrected without concern for the amount of time that has passed.
104.490.
1.
Should any error result in any member or beneficiary receiving more or less than he or she would have been entitled to receive had the error not occurred, the board shall correct such error, and, as far as practicable, to recover any overpayments, may accept single sum or installment repayments or make future payments in such a manner that the actuarial equivalent of the benefit to which such member or beneficiary was entitled shall be HCS HBs 2884 & 1655 3 paid[, and to this end may recover any overpayments] until the overpayment is recovered in full.
In all cases in which such error has been made, no such error shall be corrected unless the system discovers or is notified of such error within ten years after the member's annuity starting date or the date of error, whichever occurs later.
In cases of fraud, any error discovered shall be corrected without concern to the amount of time that has passed.
2.
A person who knowingly makes a false statement, or falsifies or permits to be falsified a record of the system, in an attempt to defraud the system is subject to fine or imprisonment pursuant to the Missouri revised statutes.
3.
The board of trustees of the Missouri state employees' retirement system shall cease paying benefits to any survivor or beneficiary who is charged with the intentional killing of a member without legal excuse or justification.
A survivor or beneficiary who is convicted of such charge shall no longer be entitled to receive benefits.
If the survivor or beneficiary is not convicted of such charge, the board shall resume payment of benefits and shall pay the survivor or beneficiary any benefits that were suspended pending resolution of such charge.
104.1060.
1.
Should any error result in any person receiving more or less than the person would have been entitled to receive had the error not occurred, the board shall correct such error, and, as far as practicable, to recover any overpayments, may accept single sum or installment repayments or make future payments in such a manner that the actuarial equivalent of the annuity to which such person was entitled shall be paid[, and to this end may recover any overpayments] until the overpayment is recovered in full.
In all cases in which such error has been made, no such error shall be corrected unless the system discovers or is notified of such error within ten years after the member's annuity starting date or the date of error, whichever occurs later.
In cases of fraud, any error discovered shall be corrected without concern to the amount of time that has passed.
2.
A person who knowingly makes a false statement, or falsifies or permits to be falsified a record of the system, in an attempt to defraud the system shall be subject to fine or imprisonment under the Missouri revised statutes.
3.
A board shall not pay an annuity to any survivor or beneficiary who is charged with the intentional killing of a member, retiree or survivor without legal excuse or justification.
A survivor or beneficiary who is convicted of such charge shall no longer be entitled to receive an annuity.
If the survivor or beneficiary is not convicted of such charge, the board shall resume annuity payments and shall pay the survivor or beneficiary any annuity payments that were suspended pending resolution of such charge.
104.1092.
1.
In lieu of retirement annuity benefits otherwise payable under the closed plan or year 2000 plan, any member who has terminated employment, is entitled to a deferred annuity, and has not yet reached normal retirement age or eligibility may make a HCS HBs 2884 & 1655 4 one-time election to receive a lump sum payment equal to a percentage of the present value of such member's deferred annuity should a board choose to establish such a program by board rule pursuant to section 104.1063.
2.
Any such election under subsection 1 of this section may be made by the member beginning on [a date as established by the board under such program but not] or after [May 31, 2018.
After May 31, 2018, no such election shall be made and retirement annuity benefits shall only be paid as otherwise provided by law under this chapter] January 1, 2027.
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3.
Any such member making such election under subsection 1 of this section shall forfeit all such member's creditable or credited service and future rights to receive retirement annuity benefits from the system under this chapter and shall not be eligible to receive any long-term disability benefits.
If such member subsequently becomes an employee, such member shall be considered a new employee with no prior credited service and shall be subject to the provisions of section 104.1091.
105.695.
1.
No contribution or expenditure of system funds shall be made directly by any public pension system to advocate, support, or oppose the passage or defeat of any ballot measure or the nomination or election of any candidate for public office.
Nor shall any system funds pay any debts or obligations of any committee supporting or opposing such ballot measures or candidates.
2.
Nothing in this section shall prohibit retirement systems and their employees from educating and informing members and the public about potential impacts to the system through regular system programs, processes, and job duties.
3.
For the purposes of this section, the term "system" shall be defined as any retirement system established by the state of Missouri or any political subdivision or instrumentality of the state for the purpose of providing plan benefits for elected or appointed public officials or employees of the state of Missouri or any political subdivision or instrumentality of the state.
169.450.
1.
The general administration and responsibility for the proper operation of the retirement system and for making effective the provisions of sections 169.410 to 169.540 are hereby vested in a board of trustees of thirteen persons, as follows:
(1) Four trustees to be appointed for terms of four years by the board of education;
provided, however, that their terms shall be fixed so the terms of one of the trustees so appointed shall expire each year.
The members of such board of trustees appointed by the board of education may be members of the board of education or other individuals deemed qualified to hold such positions by the board of education;
(2) Four trustees to be elected for terms of four years by and from the active members of the retirement system who shall hold office as trustees only while active members;
provided, however, that their terms shall be fixed so that the terms of one of the trustees so HCS HBs 2884 & 1655 5 elected shall expire each year;
and provided further, that not more than two of such persons shall be teachers and two shall be nonteachers.
For the purposes of this subsection, a school administrator shall not be eligible for the positions established pursuant to this subdivision and shall be eligible for the position established pursuant to subdivision (4) of this subsection;
(3) Two trustees, who shall be retired members, to be elected for terms of four years by and from the retired members of the retirement system;
provided, however, that the terms of office of the first two trustees so elected shall begin immediately upon their election and shall expire two and four years from the date of their election, respectively;
and provided further, that not more than one of such persons shall be a teacher and one shall be a nonteacher;
(4) One member, who shall be a school administrator, to be elected for a term of four years by and from the active members of the retirement system who shall hold office as a trustee only while an active member;
except that, the initial term of office of such trustee shall expire on December 31, 1999;
(5) Two trustees to be appointed for terms of four years by the Missouri Charter Public School Association;
provided, however, that the terms of office of the first two trustees so elected shall begin immediately upon their election and shall expire two and four years from the date of their election, respectively.
The members of such board of trustees appointed by the Missouri Charter Public School Association shall have experience or qualifications relevant to public charter schools and the retirement system, and at least one such member shall be a teacher.
The appointment of the trustees shall be subject to the same rules and regulations applicable to other trustees, including, but not limited to, taking an oath of office as provided in subsection 5 of this section.
2.
If a vacancy occurs in the office of trustee, the vacancy shall be filled for the unexpired term in the same manner as the office was previously filled.
No vacancy or vacancies on the board of trustees shall impair the power of the remaining trustees to administer the retirement system pending the filling of such vacancies.
3.
In the event of a lapse of a school district's corporate organization as described in subsections 1 and 4 of section 162.081, or for any other reason, the general administration and the responsibility for the proper operation of the retirement system shall continue to be fully vested in the trustees then currently serving and such trustees shall continue to serve and be elected in the same manner as set forth in this statute as if no lapse had occurred, except that in the event of vacancies occurring in the office of trustees appointed by the board of education prior to the lapse, the board of trustees shall appoint a qualified person or persons to fill such vacancy or vacancies for terms of up to four years.
HCS HBs 2884 & 1655 6 4.
Trustees shall serve without compensation, and any trustee shall be reimbursed from the expense fund for all necessary expenses which the trustee may incur through service on the board of trustees.
5.
Each trustee shall, within ten days after such trustee's appointment or election, take an oath of office before the clerk of the circuit court of the judicial circuit in which the school district is located that, so far as it devolves upon the trustee, the trustee will diligently and honestly administer the affairs of the board of trustees and that the trustee will not knowingly violate or willingly permit to be violated any of the provisions of the law applicable to the retirement system.
Such oath shall be subscribed to by the trustee making it and filed in the office of the clerk of the circuit court.
6.
The circuit court of the judicial circuit in which the school district is located shall have jurisdiction over the members of the board of trustees to require them to account for their official conduct in the management and disposition of the funds and property committed to their charge;
to order, decree and compel payment by them to the public school retirement system of their school district of all sums of money, and of the value of all property which may have been improperly retained by them, or transferred to others, or which may have been lost or wasted by any violation of their duties or abuse of their powers as such members of such board;
to remove any such member upon proof that the trustee has abused the trustee's trust or has violated the duties of the trustee's office;
to restrain and prevent any alienation or disposition of property of such public school retirement system by the members, in cases where it may be threatened, or there is good reason to apprehend that it is intended to be made in fraud of the rights and interests of such public school retirement system.
The jurisdiction conferred by sections 169.410 to 169.540 shall be exercised as in ordinary cases upon petition, filed by the board of education of such school district, or by any two members of the board of trustees.
Such petition shall be heard in a summary manner after ten days' notice in writing to the member complained of, and an appeal shall lie from the judgment of the circuit court as in other causes and be speedily determined, but such appeal shall not operate under any condition as a supersedeas of a judgment of removal from office.
7.
Each trustee shall be entitled to one vote in the board of trustees.
[Six votes shall be necessary for a decision by the trustees at any meeting of the board of trustees.] Seven members of the board of trustees shall constitute a quorum for the transaction of business at any meeting of the board of trustees.
Notwithstanding the foregoing, no action or decision of the board of trustees shall be effective unless approved by the affirmative vote of at least seven members of the board of trustees.
8.
Subject to the limitations of sections 169.410 to 169.540, the board of trustees shall, from time to time, establish rules and regulations for the administration of the retirement system, for eligibility for and determination of benefits under the retirement HCS HBs 2884 & 1655 7 system, for the investment of retirement system assets, and for the transaction of the retirement system's business.
9.
The board of trustees shall elect from its membership a chairman and shall, by majority vote of its members, appoint a secretary, who may be, but need not be, one of its members.
It shall engage such actuarial and other services as shall be required to transact the business of the retirement system.
It shall also engage an investment counselor who shall be experienced in the investment of moneys to advise the trustees on investments of the retirement system.
The compensation of all persons engaged by the board of trustees and all other expenses of the board necessary for the operation of the retirement system shall be paid at such rates and in such amounts as the board of trustees shall approve.
10.
The board of trustees shall keep in convenient form such data as shall be necessary for actuarial valuations of the assets of the retirement system and for checking the experience of the system.
11.
The board of trustees shall keep a record of all its proceedings which shall be open to public inspection.
It shall prepare annually and send to the board of education and to each member of the retirement system a report showing the fiscal transactions of the retirement system for the preceding fiscal year, a detailed listing of all salaries and expenditures incurred by the trustees for its operation, the amount of the accumulated cash and securities of the system, and the last balance sheet showing the financial condition of the system by means of an actuarial valuation of the assets and liabilities of the retirement system.
The board of trustees shall also prepare or cause to be prepared an annual report concerning the operation of the retirement system herein provided for, which report shall be sent by the chairman of the board of trustees to the board of education.
12.
The board of trustees shall arrange for necessary legal advice for the operation of the retirement system.
13.
The board of trustees shall designate a medical board to be composed of three physicians, none of whom shall be eligible for benefits pursuant to sections 169.410 to 169.540, who shall arrange for and pass upon all medical examinations required pursuant to the provisions of sections 169.410 to 169.540, shall investigate all essential statements and certificates made by or on behalf of a member in connection with an application for disability retirement and shall report in writing to the board of trustees its conclusions and recommendations upon all matters referred to it.
14.
The actuary shall be the technical adviser of the board of trustees on matters regarding the operation of the system created by sections 169.410 to 169.540 and shall perform such other duties as are required in connection therewith.
Such person shall be qualified as an actuary by membership as a fellow in the Society of Actuaries or by objective standards which are no less stringent than those established by the Society of Actuaries.
HCS HBs 2884 & 1655 8 15.
At least once in each five-year period the actuary shall make an investigation into the actuarial experience of the retirement system, and taking into account the results of such investigation of the experience, the board of trustees shall adopt for the retirement system such actuarial assumptions as shall be deemed necessary.
16.
On the basis of such actuarial assumptions as the board of trustees shall adopt, the actuary shall make an annual valuation of the assets and liabilities of the funds of the retirement system.
17.
On the basis of the valuation the board of trustees shall certify the rates of contribution payable by the board of education.
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View plain text versions (2)
- Committee Substitute House Committee Substitute Current pdf
- Introduced View text pdf
Action History
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Placed Back on Formal Perfection Calendar (H)
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Placed on the Informal Perfection Calendar (H)
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Reported Do Pass (H) - AYES: 10 NOES: 0 PRESENT: 0
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Voted Do Pass (H)
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Executive Session Completed (H)
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Referred: Rules - Administrative(H)
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HCS Reported Do Pass (H) - AYES: 12 NOES: 0 PRESENT: 0
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HCS Voted Do Pass (H)
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Executive Session Completed (H)
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Public Hearing Completed (H)
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Referred: Pensions(H)
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Read Second Time (H)
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Introduced and Read First Time (H)
Sponsors
- Barry Hovis · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 198 not signed on
Sponsors (1)
- Barry Hovis Republican
Co-sponsors (0)
None.
Not signed on (198)
198 members have not signed on to this bill.
Show all 198 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Subjects
Frequently asked questions
- Who sponsors HB 2884?
- HB 2884 is sponsored by Barry Hovis (Republican).
- What is the current status of HB 2884?
- This bill is in committee in the House. Introduced January 08, 2026. It must pass committee before a floor vote.
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