PSRS JUNE2025_RETIRED_NEWS JT

Features 2025 Legislative Session Ends: Bills Pass to Extend Working-After-Retirement Waiver, Protect Investment Policies D uring the 2025 Missouri legislative session that

Provisions that Passed The following bills await Governor Kehoe’s action. The governor has until July 14, 2025, to sign or veto legislation that passed this session. If he takes no action on a bill by July 14, the bill becomes law as if he had signed it. Substitute Teaching Waiver Extension (HB 296 and SB 68) Lawmakers passed two bills that extend the current waiver of post-retirement work limits. The waiver applies to PSRS/PEERS retirees working as substitute teachers. It includes those working for covered employers or through third-party providers. For working-after-retirement purposes, substitute teaching is defined as, “instructing or guiding the studies of students in a teaching position which requires a DESE- issued certificate, in place of a regularly employed teacher

began Wednesday, January 8, 2025, the General Assembly introduced more than 2,200 pieces of legislation. PSRS/PEERS closely monitored nearly 100 of those pieces of legislation and completed 125 fiscal impact requests. The session concluded on Thursday, May 15, 2025, a day earlier than the constitutional deadline. It was the first time since 1952 that the Missouri House of Representatives did not work on the final adjournment date. The Missouri Senate concluded its business a day earlier, on Wednesday, May 14, 2025. Lawmakers sent 66 bills to the governor’s desk, with three pieces of legislation containing PSRS/PEERS priority provisions. No legislation passed that negatively impacts PSRS/PEERS or its members.

2

JUNE 2025

PSRS Benefit Check | RETIRED MEMBERS

Made with FlippingBook - professional solution for displaying marketing and sales documents online