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Jay Nixon on Social Security

Missouri Democratic Governor

 


Establish contributory retirement system for state employees

Ballotpedia.org summary:The legislature passed pension reform legislation requiring state workers to contribute for the first time. Workers hired in 2011 must contribute 4% of their pre-tax salary.

Excerpts from legislation: HB 1, Public Retirement Systems: enacted new contributory tiers for those who become members of the Missouri Department of Transportation and Highway Patrol Employees' Retirement System (MPERS), the Missouri State Employees' Retirement System and the retirement plan for judges. Until this legislation, Missouri plans were non-contributory.

OnTheIssues explanation:Missouri switched, with this law, from a pension system to a system more like federal Social Security--a pension system simply pays retirees a pension; the new retirement system tracks individual contributions.

Legislative record:Passed Senate, 25-5-4; Bill Passed House, 92-54-16, June 29, 2010; signed by Governor July 19.

Source: 2010 Missouri legislature voting records for HB 1 , Jul 19, 2010

Other governors on Social Security: Jay Nixon on other issues:
MO Gubernatorial:
Chris Koster
Peter Kinder
MO Senatorial:
Claire McCaskill

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(term-limited 2016)
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(term-limited 2015)
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(term-limited 2015)
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(term-limited 2016)
VT-D: Peter Shumlin
(retiring 2016)
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(term-limited 2016)
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Page last updated: Mar 07, 2016