ARMSE introduced legislation to increase the pension COLA cap from 80% to 100% of the CPI. (2009)

• ARMSE successfully supported:

• HB 444 – deducted Social Security & public pensions from Missouri income tax. (2007)
• SB 577 – deducted 100% of premiums for long-term care insurance from state income tax. (2007)
• HB 356 – allowed a survivor benefit of 50% of retiree’s benefit without a reduction in member’s annuity;  Retirees to continue to receive COLAs at current rate until they reach the 65% cap, then will continue to receive
• COLAs equal to 80% of increase in CPI for previous year, up to a 5% maximum. (1997)
• HB 1149 – increased pension calculator from 1.5% to 1.6%, survivor spouse & pop-up provision. (1994)
• SB 499 – reinstated COLA increase of 4% to 5%, by moving base year of 65% cap from 1981 to 1986. (1992) • HB 610 & HB 674 – increased benefits of state’s medical care plan for retirees. (1989)
• HB 1643 – increased pension calculation from 1.33% to 1.5% & increased state’s contribution toward medical. insurance. (1988)
• HB 1496 – changed minimum pension benefit formula, increased COLA formula & allowed full pension benefit at age 50 with 30 years of service. (1986)
• HB 1370 – increased pension benefit formula from 1.25% to 1.33%. (1984)
• SB 353 – increased state’s contributions for both employee & retiree health insurance. (1983) • HB 172 – allowed unused sick leave to be credited towards pension benefit calculations.
• 2010 to Present: ARMSE monitors legislation that – Creates new pension plans for current state employees / future hires requiring personal contributions and/or increases retirement requirements.