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Section 86.1550 Termination of employment prior to five years of creditable service, lump-sum payment.

MO Rev Stat § 86.1550 (2019) (N/A)
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Effective 28 Aug 2005

86.1550. Termination of employment prior to five years of creditable service, lump-sum payment. — Whenever a member's service is terminated for any reason prior to death or retirement and such member has less than five years of creditable service, or a member's service is terminated after conviction of a felony, or a member's service is terminated for any reason and such member requests the withdrawal of all such member's accumulated contributions to the retirement system, such member shall be paid the amount of such member's accumulated contributions in one lump sum and such payment shall be in lieu of any and all other benefits to which such member or any beneficiary or survivor thereof might otherwise be or become entitled under sections 86.1310 to 86.1640.

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(L. 2005 H.B. 323)

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Section 86.1540 Normal pension, amount — early retirement option, when — election for optional benefit for spouse — pension after five years of creditable service — felony conviction, effect of.
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