Bill > SB257

This bill modifies the Board of Trustees of the Public School Retirement System of the City of St. Louis by expanding the board from eleven to thirteen members. Specifically, the bill adds two new trustees to be appointed by the Missouri Public Charter School Association, who must have experience or qualifications relevant to public charter schools and the retirement system. These new trustees will serve four-year terms, with the initial terms expiring two and four years from their election date. The existing board composition remains largely unchanged, with four trustees appointed by the board of education, four elected from active members, two elected from retired members, and one elected school administrator. The bill maintains the existing provisions regarding trustee responsibilities, including serving without compensation, taking an oath of office, and being reimbursed for necessary expenses. The new appointees will be subject to the same rules and regulations as other trustees, including the requirement to take an oath of office and adhere to the board's established guidelines for administering the retirement system.

Government Affairs

https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=R&BillID=90