Each employee who is not a member of LAGERS shall make a contribution of seven-tenths of one percent of his or her compensation to a defined contribution account established on the employee's behalf. This contribution shall be made by payroll deduction.
Mo. Rev. Stat. § 50.1220
NonLAGERS member contribution, amount
Known as the The County Budget Law
The act spans §§ 50–50 (120 sections).
Effective: 01 Jan 2000, see footnote; (L. 1999 S.B. 308 & 314 merged with S.B. 467)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.