PURPOSE: This rule complies with section 536.023(3), RSMo which requires each agency to adopt as a rule a description of its operation and the methods and procedures whereby the public may obtain information or make submissions or requests. The Public School Retirement System of Missouri was created by an act of the legislature in 1946 and is governed by a board of trustees as provided in section 169.020, RSMo. The board is charged with the responsibility of administering The Public School Retirement System of Missouri as provided by Chapter 169, sections 169.010– 169.141, sections 169.560, 169.570, 169.585, RSMo; and The Nonteacher School Employee Retirement System, sections 169.600– 169.710, RSMo. The Non-teacher System was created by law in 1965. The rules in Chapter 6 are required because of specific sections of law governing The Nonteacher School Employee Retirement System of Missouri, which was established by act of the legislature in 1965 and which was assigned to the board of trustees of The Public School Retirement System of Missouri for administrative purposes. The additional sections of law specific to govern ing this system are sections 169.600–169.710, RSMo.

1. (1) The board of trustees of The Public School Retirement System of Missouri shall hold regular meetings in the office of the executive director during the months of February, April, June, August, October, and December of each calendar year on one (1) or more days voted upon by the board of trustees; provided that the board of trustees may vote to hold a regular meeting in a different location or by telephone or other electronic means. The chairman may reschedule a previously scheduled regular meeting for a month or location other than as described in the preceding sentence for good cause. The chairman or four (4) board members acting jointly may call special meetings at times and locations and by means as may be necessary. The executive director shall provide notice of the time and place of all meetings of the board in accordance with the applicable provisions of sections 610.010 through 610.035, RSMo. All meetings of the board of trustees shall comply with the applicable provisions of sections 610.010 through 610.035, RSMo. Information concerning meetings, rules, or any operations of the system may be obtained by writing or calling the Executive Director, PO Box 268, Jefferson City, MO 65102.
2. (2) Election of Officers. The board of trustees, at the regular meeting in April or at a special meeting, shall elect a chairman and vice chairman to serve for a period of one (1) year commencing with July 1 next following. The chairman shall preside at all meetings of the board; except that in the absence of the chairman, the vice chairman shall preside.
3. (3) Quorum. A quorum required for a meeting of the board of trustees shall consist of four (4) members. Each trustee shall be entitled to one (1) vote on any matter requiring a decision by the board and four (4) concurring votes among the trustees present shall be necessary for a decision.

AUTHORITY: section 169.020, RSMo 2016.* Original rule filed Dec. 19, 1975, effective Jan. 1, 1976. Amended: Filed Jan. 5, 1977, effective May 1, 1977. Emergency amendment filed Sept. 25, 1991, effective Oct. 5, 1991, expired Feb. 1, 1992. Amended: Filed Sept. 25, 1991, effective March 9, 1992. Amended: Filed July 31, 1995, effective Feb. 25, 1996. Amended: Filed April 24, 1996, effective Nov. 30, 1996. Amended: Filed Feb. 14, 2003, effective Aug. 30, 2003. Amended: Filed Sept. 23, 2019, effective March 30, 2020. *Original authority: 169.020, RSMo 1945, amended 1951, 1953, 1967, 1973, 1983, 1990, 1995, 1996, 1998, 2005, 2009, 2013.