Allows the Board of Trustees of the Firemen's Retirement System of St. Louis to act as trustees and administer other pension plans

SB 255 would allow the Board of Trustees for the Firemen's Retirement System of St. Louis to serve as trustees and manage additional pension plans beyond their current scope. This bill directly affects other pension systems in Missouri that could be administered by this board, without changing benefit amounts or eligibility rules. The key provision is expanding the board’s administrative authority to oversee multiple pension plans under one governing body. The bill is currently pending in the Senate committee after passing a committee vote. (2 sentences, as it is a procedural administrative change.)