Retirees' Economic Impact

May 16, 2023, 09:57 AM

Are you curious about the impact of active and retired state employees on your local community?

According to the Pensionomics 2023 report from the National Institute on Retirement Security, each $1 in state/local benefits paid to Missouri retirees, results in $1.31 in total output, reflecting the ripple effects of retirees staying in Missouri and spending money.

For the fiscal year ending June 30, 2022, MOSERS distributed more than $992 million in total retirement and survivor benefit payments. Most of that money remains in Missouri going towards things like basic goods and services in our local communities. 

Nearly 90% of MOSERS payments go to retirees and survivors who remain in Missouri.

Our Economic Impact Reports are located online in the About MOSERS section of our website. Click on CongressionalHouse, or Senate maps and find your district to view the number of active and retired members and the economic impact our members have in your area. 

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