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HomeMy WebLinkAbout2123 Updating Employee Handbook Relating to LAGERS to Include Public Safety Personnel CoverageBILL NO. 2025-085 ORDINANCE NO. 2123 AN ORDINANCE AMENDING THE EMPLOYEE HANDBOOK TO UPDATE THE SECTION RELATING TO THE MISSOURI LOCAL GOVERNMENT EMPLOYEES RETIREMENT SYSTEM (LAGERS) TO INCLUDE PUBLIC SAFETY PERSONNEL COVERAGE WHEREAS, the City of Riverside, Missouri ("City"), participates in the Missouri Local Government Employees Retirement System (LAGERS) under the L-6 Life Program for the purpose of providing a defined benefit retirement plan for its employees; and WHEREAS, LAGERS enables political subdivisions to elect additional coverage classifications, including designation of certain emergency service positions as public safety personnel members pursuant to Sections 70.600 through 70.755, RSMo; and WHEREAS, the Board of Aldermen of the City of Riverside desires to extend LAGERS coverage to include its eligible emergency medical service personnel, jailers, and emergency telecommunicators as public safety personnel members, as authorized by Section 70.631, RSMo; and WHEREAS, the City has complied with all notice and filing requirements under Section 105.675, RSMo, and acknowledges its continuing obligation to fund the elected benefits for all covered employees; and WHEREAS, it is necessary to amend the City of Riverside Employee Handbook to reflect this change. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: SECTION 1 -AMENDMENT. Section 5.5. D of the City of Riverside Employee Handbook is amended to read as follows: D. Retirement Program All employees who work one thousand five hundred (1,500) hours or more in a calendar year are enrolled in the Missouri Local Government Employees Retirement System (LAGERS). Every eligible employee of the City participates in the L-6 Life Program with LAGERS at no cost to the employee. The City contributes a defined percentage of compensation toward the LAGERS retirement program to provide a defined benefit retirement plan for employees. A defined benefit plan means that an employee can calculate a monthly retirement benefit based on years of service and final average salary. The LAGERS plan calculates final average salary using the highest five (5) consecutive years in the last ten (10) years of employment. Ord. No. 2123 Page 1 of 2 Employees who have served with other LAGERS -participating employers may be eligible to continue building service credit during their employment with the City. For example, an employee who worked for the City of Sedalia for four (4) years and then with the City of Riverside for ten (10) years would have fourteen (14) years of service credit. Employees become vested for benefits with LAGERS after five (5) years of full- time service. Coverage of Public Safety Personnel Pursuant to the authority granted under Sections 70.600 through 70.755, RSMo, and consistent with the City's ordinance adopting participation in LAGERS for public safety personnel, the City covers all eligible emergency medical service personnel, jailors, and emergency telecommunicators as public safety personnel members of LAGERS. Under this designation, public safety personnel members are eligible for minimum service retirement at age fifty-five (55), as provided in Section 70.600(16), RSMo. All eligible public safety service performed prior to the effective date of participation shall be credited as prior service credit under Section 70.600(20), RSMo, and all eligible service thereafter shall be credited as membership service under Section 70.600(15), RSMo, SECTION 2 — EFFECTIVE DATE. This ordinance shall be in full force and effect from and after the date of its passage and approval. BE IT REMEMBERED that the above was read two times by heading only, PASSED AND APPROVED by a majority of the Board of Aldermen and APPROVED by the Mayor of the City of Riverside this 21st day of October 2025. Mayor Kathleen L. Rose ATTEST. Melissa McChesney: City Clerk Ord. No. 2123 Page 2 of 2