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 where the public may obtain information or make submissions or requests. The County Employees’ Retirement Fund was created by an act of the legislature in 1994 and is governed by a board of directors as provided in sections 50.1010 and 50.1030, RSMo. The board is charged with administering and investing the funds of the County Employees’ Retirement Fund as provided by 50.1000–50.1200, RSMo.

1. (1) Description of the Board. The board of directors consists of nine (9) persons elected by the membership of the County Employees’ Retirement Fund (CERF). The board shall consist of an elected official or an employee of an elected official representing the elective county offices. None of these offices may have more than one (1) elected official or representative serving at a given time.
2. (2) Meetings of the Board. The board of directors of the County Employees’ Retirement Fund, hereafter “board,” shall hold regular meetings at a location to be designated by the board in February, May, August and November of each calendar year and special meetings at times as may be necessary on call of the chairman or by three (3) members acting jointly and notifying the chair, in writing, of their desire to meet, upon due and reasonable notice. In the event three
3. (3) members act to request a meeting, their written notification to the chair may be served by either United States mail or facsimile transmission. The chairman shall publicize through appropriate channels the time and place of the meetings of the board. All meetings of the board of directors shall comply with Chapter 610, RSMo. Information concerning meetings or rules may be obtained by contacting Brydon, Swerengen & England P.C., 312 East Capitol Avenue, Jefferson City, MO 65101. Information concerning operations of the system may be obtained by writing or calling the CERF plan administrator. The contact person for the plan administrator is Terry Seboldt, Employee Benefits Officer. Mr. Seboldt may be reached by mail at P.O. Box 577, Columbia, MO 65205 or by telephone at 1 (800) 357-8557.
4. (3) Election of Officers. The board of directors, at the regular meeting in February of each year, or at a special meeting, shall elect a chairman and vice-chairman to serve for a period of one (1) year commencing upon their election to office. The chairman shall preside at all meetings of the board; except that in the absence of the chairman, the vicechairman shall preside. In the event of a vacancy in one (1) of the officers’ positions, that vacancy will be filled at the next regular meeting by election.
5. (4) Quorum. A quorum required for a meeting of the board of directors shall consist of five (5) members. Each director shall be entitled to one (1) vote on any matter requiring a decision by the board and a majority of concurring votes among the directors present shall be necessary for a decision.
6. (5) The custodian of records for the County Employees’ Retirement Fund is its plan administrator. Anyone wishing to obtain information or make submissions or requests may do so by contacting Boone County National Bank, Plan Administrator, P.O. Box 577, Columbia, MO 65205 or by calling 1 (800) 357-8557.

AUTHORITY: section 50.1032, RSMo Supp. 1997.* Original rule filed Oct. 11, 1995, effective May 30, 1996. Amended: Filed March 22, 1996, effective Oct. 30, 1996. Amended: Filed Sept. 9, 1997, effective Feb. 28, 1998. Amended: Filed Sept. 17, 1998, effective March 30, 1999. *Original authority 1995.