Missouri’s House Joint Resolution 92 would revive bad pension funding policy

In Politics by Michael Rae

House Joint Resolution 92 runs counter to good pension governance and funding policy

Missouri House Joint Resolution 92 (HJR 92) would reinstate a set of perverse incentives that tie pension contributions to the volume of arrests, prosecutions, and other aspects of the criminal justice system.

Outside of Illinois, it is rare for states to use fees and other targeted revenue streams to cover pension contributions because those revenues inherently fluctuate. Instead, contributions should be paid from general revenues and be recalculated annually to ensure systems remain solvent.

Most states include sheriffs in general police/fire pensions and prosecutors in general public employee pensions because

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