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New MOSERS Board Rules on Separation of Service, Effective Jan 1, 2021
Jan 15, 2021, 11:41 AM by MOSERS
Before receiving a benefit payment from MOSERS, IRS rules require a “bona fide termination” of the member’s employment. For purposes of MOSERS Board Rules, a "bona fide termination" occurs when:
- Member’s employment has been completely severed
- No prearranged agreement (written or oral) exists for reemployment (full, part-time or other); retiring members must certify on retirement application, under penalty of fraud, that no prearrangement for employment exists
- Retiree has not been reemployed by the State of Missouri or any MOSERS-covered employer (full, part-time or other) within 30 days after their prior employment ended
See FAQs – MOSERS’ Board Rule on Separation of Service for more information.
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