In response to growing concern about the fiscal integrity of Missouri's public employee retirement systems (PERS) in 1983 the First Regular Session of the 82nd General Assembly passed legislation creating a permanent pension review and oversight body, the Joint Committee on Public Employee Retirement (JCPER). Prior to the creation of the committee there was no one place where information concerning these plans was gathered, analyzed and recorded. The committee consists of six senators appointed by the President Pro Tem of the Senate and six members of the House of Representatives, appointed by the Speaker of the House. The JCPER is governed by Sections 21.550 through 21.563 and 105.660 through 105.691 of the Revised Statutes of Missouri (RSMo). These statutes require that the committee shall:

    Make a continuing study and analysis of all state and local government retirement systems;

    Devise a standard reporting system to obtain data on each public employee retirement system that will provide information on each system's financial and actuarial status at least biennially;

    Determine from its study and analysis the need for changes in statutory law;

    Make any other recommendations to the General Assembly necessary to provide adequate retirement benefits to state and local government employees within the ability of taxpayers to support their future costs.

According to Section 21.563, the committee is also required to compile a full report of its activities for the General Assembly each year in which the General Assembly convenes in regular session. This report is to include recommendations to the individual retirement system boards of management. This report is respectfully submitted to the General Assembly to comply with these statutory provisions.

Jennifer Bass, Executive Director
Ronda Stegmann, Pension Analyst
Sheri Menteer, Administrative Assistant
Missouri State Capitol Building
Room 219-A
Jefferson City, MO 65101
573-751-1280

Directory of Public Employee Retirement Systems - PDF (printable version)

2008 Retirement Legislation Status Report - PDF (printable version)

2008 Annual Report

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