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 Nonteacher 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 governing 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 on the second Tuesday of February, April, June, August, October and December of each calendar year and special meetings at times as may be necessary, on call of the chairman or by four (4) members acting jointly, upon due and reasonable notice. The executive director shall publicize through appropriate channels the time and place of the meetings of the board. All meetings of the board of trustees shall comply with section 610.020, RSMo. Information concerning meetings, rules or any operations of the system may be obtained by writing or calling the Executive Director, P.O. 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 1994.* 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.

*Original authority: 169.020, RSMo 1945, amended 1951, 1953, 1967, 1973, 1990.