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  • Designating Multiple Beneficiaries

    Aug 5, 2025, 8:12 AM By MOSERS
    Am I allowed three beneficiaries on my account?

    Yes, in most cases, you can designate multiple beneficiaries on your MOSERS benefits. The number of beneficiaries you can name depends on the specific type of benefit. Here's a quick breakdown:

    • Life Insurance Beneficiaries – You may name multiple primary and contingent beneficiaries for both your basic and optional life insurance coverage.
    • Final Payment Beneficiaries – Once you retire, you can list multiple individuals to receive your final benefit payment. MOSERS will pay your beneficiaries if that payment is returned to MOSERS by your financial institution. The final payment is the payment that is due to you at the end of the month in which you pass away.
    • Guaranteed Payment Option Beneficiaries – At retirement, if you elect a guaranteed payment option (5, 10, or 15 years), you may name multiple beneficiaries to receive any remaining payments if you pass away during the guarantee period.
    • Joint & Survivor Beneficiary – At retirement, if you elect a Joint & 50% or Joint & 100% survivor benefit, your beneficiary is automatically your spouse.
    • Contribution Beneficiaries (MSEP 2011 and Judicial Plan 2011 only) – If you are a member of MSEP 2011 or the Judicial Plan 2011 and are eligible for a refund of your contributions (in the event of death before retirement), you may name multiple beneficiaries to receive those funds.

    If you’re unsure which beneficiaries you currently have listed or would like to update your designations, log in to myMOSERS to review or make changes. If you have an account with MO Deferred Comp, please ensure your beneficiary designations are up to date there as well.

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  • Where do contributions go?

    Apr 15, 2025, 12:00 AM By MOSERS
    hello, I just have a general question when it comes to my state of Missouri paystub and MOSERS. On my paystub there is a line called "MOSERS RET 2011 PLAN FRNG PAY". When you hover over it, it says to see MOSERS for more information about the MOSERS 2011 plan. The amount that it says the state is contributing is 621 per paycheck and 12000 YTD. What I am trying to figure out is that the state calculates this as part of my Retirment package but I cannot find out where this money is going?

    We are unable to see members’ pay stubs, so we can’t speak definitively about that information. Please speak with your employer regarding your pay stub details.

    However, it sounds like you are referring to your employer’s contributions to MOSERS. As a member of MSEP 2011, you are part of the contributory defined benefit pension plan. By law, you contribute 4% of your pay toward your future pension benefits. Your employer also contributes a percentage of your payroll toward your future retirement benefits. Employee and employer contributions go into the MOSERS trust fund. The third and largest source of System funding is investment income. 

    You can log in to myMOSERS to find your total employee contributions plus any interest. Once logged in, you can view your accumulated balance listed under Employee Contributions on your Member Dashboard. If you are unable to log in, you may contact a MOSERS benefit counselor for your balance.

    As a member of MSEP 2011, if you leave state employment, you may request a refund of your employee contributions plus any interest. By taking a refund, you forfeit your service and eligibility for future retirement benefits. Alternatively, when eligible, you can retire and receive a monthly pension benefit for life. Your monthly benefit is based on your final average pay and years of service.

    Please see our Employee Contributions brochure (MSEP 2011 & Judicial Plan 2011) and the MSEP 2011 web page for more information. 

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  • Leaving State Employment after Becoming Vested

    Apr 13, 2025, 12:00 AM By MOSERS
    Hello, I wanted to know ...Now that I am vested if I leave my employment and take my MOSERS money how much would that be? Also, currently, I contribute .4 percent, can I increase that amount? Thank you!

    Once you are vested (5 years of service for general state employees), you are eligible to receive a future pension benefit from MOSERS, even if you leave state employment. Once you reach retirement age and complete the retirement process, you will receive a monthly pension payment for your lifetime.

    You cannot increase your 4% employee contributions that go into the MOSERS trust fund, but you can certainly increase the amount of supplemental savings that you put in MO Deferred Comp. For many state employees, income in retirement comes from three sources:

    1. Your MOSERS defined benefit pension (based on your years of service and final average pay)
    2. Social Security retirement benefits
    3. Supplemental personal savings, such as with MO Deferred Comp

    Another thing to consider is that, even if you aren’t vested, you may leave your employee contributions with the System if you think you might return to work for the state at some point in the future and would like for those years of service to count toward an eventual retirement benefit.  

    However, if you leave state employment, you may request a refund of your employee contributions plus any credited interest. By law, there is a 90-day waiting period before we can issue a refund. By taking a refund, you forfeit all your credited service.

    You can log in to myMOSERS to find your total employee contributions plus any interest. Once logged in, you can view your accumulated balance listed under Employee Contributions on your Member Dashboard. If you are unable to log in, you may contact a MOSERS benefit counselor for your balance. See our Employee Contributions brochure for more information.

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  • How to Check Your Employee Contributions & Retirement Savings Account Balance

    Oct 25, 2024, 11:25 AM By MOSERS

    How do you check how much you have put into your retirement account?

    As a state employee, you may be participating in both the MOSERS defined-benefit pension and the supplemental retirement savings program through MO Deferred Comp. Since we are not sure which one you are referring to, we’ve addressed both below.

    Defined Benefit Pension:
    If you are in MSEP 2011 or the Judicial Plan 2011, you contribute 4% of your pay towards your future pension benefit. You can log in to myMOSERS to find your total employee contributions plus any interest. Once logged in, you can view your accumulated balance listed under Employee Contributions on your Member Dashboard. If you leave state employment, you may request a refund of your employee contributions. However, if you become vested (work for at least five years) and leave your contributions in place, you will be entitled to a future lifetime monthly pension benefit based on your total service and final average pay.

    MO Deferred Comp:
    To see how much you have saved for retirement with the MO Deferred Comp Plan, please log in to your deferred comp account. You can do so by visiting the MO Deferred Comp website or through the ESS Portal. Once you’re within your account, you can see how much you have personally contributed and the earnings you may have received from your investments. If you have questions, please reach out to your local deferred comp financial education professional or call their call center at (800) 392-0925.

    To access your account statement, log in to MO Deferred Comp’s Account Access and choose View Transaction History in the left menu under the My Account tab. Typically, around the 12th day of each calendar quarter, you will receive an eDelivery email notifying you that your account statement is available online. Follow the links within the email to view your statement. You can print a copy of your retirement plan account statement anytime from within Account Access.
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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.