105.695.  Contributions to ballot measures and candidates prohibited — permitted actions — system defined. — 1.  No contribution or expenditure of system funds shall be made directly by any public pension system to advocate, support, or oppose the passage or defeat of any ballot measure or the nomination or election of any candidate for public office.  Nor shall any system funds pay any debts or obligations of any committee supporting or opposing such ballot measures or candidates.

  2.  Nothing in this section shall prohibit retirement systems and their employees from educating and informing members and the public about potential impacts to the system through regular system programs, processes, and job duties.

  3.  For the purposes of this section, the term "system" shall be defined as any retirement system established by the state of Missouri or any political subdivision or instrumentality of the state for the purpose of providing plan benefits for elected or appointed public officials or employees of the state of Missouri or any political subdivision or instrumentality of the state.