Member Spotlight: Benefits for Every Season in Your Career
MOSERS member Nick Humphrey has dedicated over 30 years to the Missouri National Guard and is preparing for a new season in his career – retirement. He recently shared his experience attending a MOSERS Ready to Retire seminar to learn more about his retirement benefits.
“In anticipation of retiring in the not-too-distant future, I attended a MOSERS ‘Ready to Retire’ seminar and was reminded what great benefits we enjoy as state employees. The seminar was very informative and enlightening. This educational day-long program is offered at different times and locations throughout the state, as well as online.
Each person in attendance received a personalized packet that described what benefits the team member has earned and what they can expect to receive in retirement. I learned about a variety of MOSERS pension choices that can include disbursements to my spouse.
A representative from the Social Security Administration was there to talk about different options for Social Security. A representative from the state Deferred Compensation program provided a summary of the program, demonstrating what a difference it can make in an employee’s retirement income. And finally, I learned about retirement health insurance options – I hadn’t realized one can keep your state health insurance into retirement and how the cost is discounted by your total years of service.
The ‘Ready to Retire’ educational seminar was time well spent for me to take a deep dive into planning to make important retirement decisions, and they even feed you lunch!
Governor Parson championed an over 20% pay raise for state employees during his time in office. This was an amazing accomplishment for our benefit, and it makes it easy to overlook some of the fantastic benefits we have as state employees. Benefits like a dedicated pension and matched deferred compensation have become extremely rare in the private sector.
The state of Missouri has many educational opportunities for team members to learn about the benefits of state employment, no matter what ‘season’ you may be in with your state service.”
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Annual Benefit Statement
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Benefit-Eligible Position
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Employee Education
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Employer Education
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Forms
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Leave
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Life Insurance
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Long-Term Disability
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MOSERS Month
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Pension Benefits
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Pension Plans
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Phoenix
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Reemployment
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Reports
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Retirement Process
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SEBES
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Termination
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Termination and Reemployment Rules
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Transfers
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