Mo. Rev. Stat. § 104.1018 – Vesting of benefits, when — re-employment of member, effect of | Midpage
§ 104.1018
Mo. Rev. Stat. § 104.1018
Vesting of benefits, when — re-employment of member, effect of
Effective Aug 28, 1999(L. 1999 S.B. 308 & 314)
Viewing an earlier version · effective Aug 28, 1999View current
1. When a member is no longer employed in a position covered by the system, membership in the system shall thereupon cease. If a member has five or more years of credited service upon such member's termination of membership, such member shall be a vested former member entitled to a deferred annuity pursuant to section 104.1036. If a member has fewer than five years of credited service upon termination of membership, such former member's credited service shall be forfeited, provided that if such former member becomes reemployed in a position covered by the system, such former member shall again become a member of the system and the forfeited credited service shall be restored.
2. Upon a member becoming a retiree, membership shall cease and, except as otherwise provided in section 104.1039, the person shall not again become a member of the system.
3. If a vested former member becomes reemployed in a position covered by the system before such vested former member's annuity starting date, membership shall be restored with the previous credited service and increased by such reemployment.