Legislative Update
Jun 27, 2024, 15:56 PM
MOSERS is governed by the statutes of the state of Missouri, which means that any changes to members’ benefit provisions must go through the legislative process and be signed into law by the Governor. The 2024 legislative session ended on May 17. No legislation was passed that directly affected MOSERS’ statutes.
Highlights from the 2024 session:
The General Assembly passed the FY25 appropriation bill on May 10. As it relates to the Office of Administration appropriation to MOSERS, the following was passed:
- $776.9 million to fully fund the state’s portion of the annual employer contribution rate.
- $34.5 million to fund a deferred compensation employer match of up to $75 per month (with a minimum contribution of $25 per month).
For more information, view House Bill 2005.
The 2025 legislative session will begin in January 2025. Visit our Legislation page to learn more and follow bills potentially affecting MOSERS.
The Governor has until mid-July to either sign or veto a bill passed by the legislature. If the Governor does not sign or veto a bill, it automatically goes into effect on August 28. However, if the bill has an emergency clause, it could go into effect at an earlier date.