Missouri § 285.1030 No guaranteed interest rate or rate of return — no liability for losses — plan debts and obligations, not state debts and obligations.

Missouri Statutes

§ 285.1030 — No guaranteed interest rate or rate of return — no liability for losses — plan debts and obligations, not state debts and obligations.

Missouri § 285.1030

Title XVIIILABOR AND INDUSTRIAL RELATIONS

Ch. 285Employers and Employees Generally

This text of Missouri § 285.1030 (No guaranteed interest rate or rate of return — no liability for losses — plan debts and obligations, not state debts and obligations.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 285.1030 (2026).

Text

1. The state of Missouri; the board; each member of the board; any other state official, state board, commission, and agency; any member, officer, and employee thereof; and the plan:

(1)Shall not guarantee any interest rate or other rate of return on or investment performance of any contribution or account balance; and

(2)Shall not be liable or responsible for any loss, deficiency, failure to realize any gain, or any other adverse consequences including, but not limited to, any adverse tax consequences or loss of favorable tax treatment, public assistance, or other benefits, incurred by any person as a result of participating in the plan. 2. The debts, contracts, and obligations of the plan or the board are not the debts, contracts, and obligations of the state, and neither the fa

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1. The state of Missouri; the board; each member of the board; any other state official, state board, commission, and agency; any member, officer, and employee thereof; and the plan:

(1) Shall not guarantee any interest rate or other rate of return on or investment performance of any contribution or account balance; and

(2) Shall not be liable or responsible for any loss, deficiency, failure to realize any gain, or any other adverse consequences including, but not limited to, any adverse tax consequences or loss of favorable tax treatment, public assistance, or other benefits, incurred by any person as a result of participating in the plan.

2. The debts, contracts, and obligations of the plan or the board are not the debts, contracts, and obligations of the state, and neither the faith and credit nor the taxing power of the state is pledged directly or indirectly to the payment of the debts, contracts, and obligations of the plan or the board.

3. Nothing in sections 285.1000 to 285.1055 shall be construed to guarantee any interest rate or other rate of return on or investment performance of any contribution or account balance.