Modifies the retirement allowance multiplier for certain members of the Public School Retirement System
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsor
- 1
- Latest action
- Mar 13, 2026
What it does
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%.\r \r \tThis 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).\r KATIE O’BRIEN
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money in Missouri.