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  • Changing Jobs Before Vesting

    Jan 31, 2025, 2:00 PM By MOSERS

    I currently work for Missouri State University, I will not be vested until 11/01/2026. I am thinking of applying for a job with Missouri Department of Economic Development, if I do I will start prior to my vested date with MSU, how would this affect my pension account?

    Since you are already working in a MOSERS benefit-eligible position, you can transfer to any other MOSERS-covered employer in a benefit-eligible position, and your service credit will transfer with you, even if you are not yet vested. Once vested, you are eligible for a lifetime pension benefit when you also meet the retirement age requirement for your plan.

    If you are an MSEP 2011 member, your employee contributions will earn interest as long as you are actively employed, even if you transfer from one MOSERS-covered position to another.

    MOSERS administers retirement benefits (defined benefit pension and deferred compensation plans) for most benefit-eligible state employees. See our list of MOSERS Covered Employers to learn which state agencies and regional colleges & universities are covered by MOSERS, and the Benefit Providers table to find out who administers various benefits.
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  • Unused Sick Leave at Retirement

    May 22, 2024, 9:14 AM By MOSERS

    What’s the limit for unused sick leave at retirement? It’s never mentioned when there is a question.

    State employees accrue sick leave at a rate of 10 hours per month. You will receive one month of credited service for every 168 hours of unused sick leave reported to MOSERS by your employer when you leave your position.

    Your sick leave is used to calculate the amount of your retirement benefit but cannot be used to determine eligibility.

    For example, if you have 336 hours of unused sick leave, you will receive credit for an additional two months of service (336/168 = 2) when your retirement benefit is calculated.

    Unused sick leave does NOT count towards service for retirement eligibility. In other words, it does not allow you to retire sooner. You must meet both the age and service requirements for your plan to be eligible to retire.

    For sick leave to count as credited service:

    • MSEP – You must be eligible to retire on the date of termination.

    • MSEP 2000 – You do not have to be eligible to retire on the date of termination.

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We strive to provide the most accurate information possible in our answers to Rumor Central questions. However, occasionally, laws, policies or provisions change and individual circumstances may vary. Please contact a MOSERS benefit counselor or see the handbooks in our website Library for more detailed information. If there is any difference between the information provided in this blog or on the MOSERS website and the law or policies that govern MOSERS, the law and policies will prevail. See our Privacy, Security & Legal Notices for more information.