Understanding when compensatory time should be moved to a prior pay period is critical to ensuring accurate benefit calculations.

Accrued federal, holiday, and state compensatory time is paid out when an employee leaves state employment or transitions to a non-benefit-eligible position. These payouts typically occur in the pay period following the termination or status change.

Because these payouts are issued in a pay period when the employee is no longer active or benefit eligible, the following payoff events must be moved to the last pay period in which the employee was active with the agency to ensure they are included in benefit calculations:

• Federal Comp Time Payoff (FCPO)
• Holiday Comp Time Payoff (HCPO)
• State Comp Time Payoff (SCPO)

Federal, holiday, and state compensation paid for working overtime during an active pay period should not be moved.

The following pay events should remain in the pay period in which they are paid, as they occur while the employee is actively employed and benefit eligible:

• Federal Comp Time Paid (FCPP)
• Holiday Comp Time Paid (HCPP)
• State Comp Time Paid (SCPP)

• Move comp time payoffs related to separation or a transition to non-benefit eligibility to the last active pay period.
• Do not move comp time paid for overtime worked during an active employment period.

If you are hiring a retiree who is receiving a MOSERS pension benefit, please ensure that they have properly terminated employment before returning to work. IRS rules require a “bona fide termination,” meaning the retiree must:

1. Fully separate from employment,
2. Have no prearranged agreement to return to work (written or oral), and
3. Not work for the state of Missouri or any MOSERS-covered employer in any capacity within 30 days after termination.

After meeting these requirements, a retiree may be hired into a non-benefit-eligible position without affecting their MOSERS pension benefit. If hired into a benefit-eligible position, the retiree’s monthly pension benefit will stop* and any retiree life insurance retained through MOSERS will end (the employee may re-elect coverage through SEBES within 31 days).

*Effective August 28, 2023, a retiree serving as a legislator or statewide elected official will not have their pension payment stopped.

See our Working After Retirement page to learn more.

• Learn about state benefits administered by MOSERS (pension plan, life insurance, & long-term disability insurance) and saving options with MO Deferred Comp.  
• For employees who are newer to the state with less than five years of service (not yet vested). 
• Speakers include MOSERS and MO Deferred Comp. 
• Sessions last approximately 2 hours, with daytime and evening sessions available.

• Learn how different career and life events may affect retirement decisions and pension benefits.  
• For employees with at least five years of service (vested) and five or more years until retirement eligibility. 
• Speakers include MOSERS and MO Deferred Comp. 
• Sessions last approximately 2 hours, with daytime and evening sessions available.

• Learn about the retirement process, deadlines, payment options, and decisions that may impact pension benefits.   
• For employees within five years of retirement eligibility. 
• All sessions now include information for all three retirement plans (MSEP, MSEP 2000, and MSEP 2011). 
• Speakers include MOSERS and MO Deferred Comp. Full-day sessions also feature speakers from the Missouri Consolidated Health Care Plan (MCHCP) and the Social Security Administration (SSA).  
• Ready to Retire sessions include in-person seminars & online webinars (full-day) or evening webinars (3.5 hours).   
• University seminars are 3.5 hours and are designed for university employees in any plan (MSEP, MSEP 2000, or MSEP 2011 members).

Meet Tiffany Clapp: We are happy to introduce Tiffany Clapp as the newest member of the Employer Services team. Tiffany has been with MOSERS for two years, serving as a benefit specialist and a benefit counselor. Tiffany’s experience educating members on their pension benefits makes her a valuable resource for our employers. She looks forward to assisting employers with service and salary submissions and MOSERS benefit-related questions.

COLA memo - January 2026

History of COLAs flyer - January 2026

Pension Payment & Holiday Schedule - January 2026

Tax Withholding Authorization and IRS W-4P form - January 2026

Understanding Your 1099-R Form - January 2026

Destination Retirement Checklist (University Employees) - December 2025

Destination Retirement Checklist - December 2025

Leaves of Absence Impact on Your MOSERS Benefits flyer - December 2025

Purchasing and Transferring Service Guide for MSEP (Closed Plan) Members - December 2025

Purchasing and Transferring Service Guide for MSEP 2000 Members - December 2025

Purchasing and Transferring Service Guide for MSEP 2011 Members - December 2025