Mo. Code Regs. Ann. tit. 16, § 30-2.260
Cost-of-Living Allowance Based on Consumer Price Index
Effective Jul 11, 1983section 104.500.2, RSMo (1986).* Emergency rule filed March 15, 1983, effective April 1, 1983, expired July 30, 1983. Original rule filed March 15, 1983, effective July 11, 1983. *Original authority 1957, amended 1981, 1984 and 1988Missouri State Employees' Retirement System
PURPOSE: This rule establishes procedures to be followed in calculating the annual benefits or compensation increase, or both, pursuant to sections 104.415 and 104.612, RSMo.
- (1) Pursuant to sections 104.415 and 104.612, RSMo, the annual increase in benefits or compensation, or both, for retirees and consultants shall be calculated based upon the average of the monthly values of the consumer price index for all urban consumers for a calendar year and the increase shall be calculated to the nearest one-thousandth(1/1000) of a percent.
AUTHORITY: section 104.500.2, RSMo (1986).* Emergency rule filed March 15, 1983, effective April 1, 1983, expired July 30, 1983. Original rule filed March 15, 1983, effective July 11, 1983. *Original authority 1957, amended 1981, 1984 and 1988.