Missouri bills · 2026 Regular Session
Missouri SB 1258
Modifies the retirement allowance multiplier for certain members of the Public School Retirement System
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Maggie Nurrenbern (Democratic)
Summary
Official abstract published by the Missouri legislature· abstract
SB 1258 - Current law provides that the normal retirement allowance multiplier for a member of the Public School Retirement System of Missouri is 2.5% of the member's final average salary for each year of the membership service, except if the member has 32 years or more of service, then the multiplier shall be 2.55%. This act provides that for those members with 33 years of service or more the multiplier factor shall be 2.6%.
This act is substantially similar to SB 474 (2025) and SCS/SB 877 (2024), a provision in the perfected SS/SB 898 (2024), and in SCS/HCS/HB 2431 (2024) and is similar to SB 556 (2023).
KATIE O’BRIEN
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Dec 1, 2025 · Senate
Prefiled - Jan 7, 2026 · Senate
S First Read - Jan 27, 2026 · Senate
Second Read and Referred S Local Government, Elections and Pensions Committee