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Jun 10, 2019, 1:20 PM By MOSERS
I saw a brief note on local news that Gov. Parsons had signed a bill related to feral hogs and pension plans. Assuming this was some type of omnibus bill, can you provide information about any impacts on state pensions?
On June 6th, Governor Parson signed a variety of bills that cover many different subject areas. (View the news release on bills the Governor signed.)
The bill he signed affecting MOSERS is SB 185. This act provides continued eligibility for membership in MOSERS for employees of the Missouri Housing Development Commission and of the Environmental Improvement & Energy Resources Authority. There are no other changes to retirement provisions affecting any other members or retirees.
The bill about feral hogs is separate legislation; it is HB 655.
Aug 8, 2018, 11:10 AM By MOSERS
How will the rejection of Prop A impact retirees? Will they have to pay union dues? Will a portion of dues go to political candidates? Thank you.
Prop A has no impact on any MOSERS retiree benefits.
Jun 4, 2018, 2:18 PM By MOSERS
Since the Merit system has been removed (by the newly signed law), does this mean that someone who retired from a Merit job could go back to work for the State and still collect their pension?
No. SB 1007, which had the “merit system” language does not contain any changes to any MOSERS benefit provisions. SB 1007 modifies and repeals several provisions relating to the State Personnel Law (SPL), commonly referred to as the Merit system.
As a general state employee, your MOSERS retirement benefit will stop if you retire (or are already retired) and later return to work in a benefit-eligible position covered by MOSERS or MPERS (the MoDot & Patrol Employees’ Retirement System).
Your employer determines if the position is benefit-eligible. MOSERS administers pension benefits for most state agencies and regional state universities. See our website for a complete list of employers covered by MOSERS. If you have a question about whether or not accepting a position with the state will affect your MOSERS retirement benefit, we advise you to check with your potential employer.
Jun 1, 2018, 2:17 PM By MOSERS
How does, if at all, the removal of the Merit program affect my retirement?
SB 1007 does not contain any changes to any MOSERS benefit provisions so it should have no impact on your retirement. It modifies and repeals several provisions relating to the State Personnel Law (SPL), commonly referred to as the Merit system. It is our understanding that it was signed into law today.
May 31, 2018, 11:33 AM By MOSERS
Correction Officers have been hearing that the State of Missiouri Retirement System is bringing back the "80 and out" rule or 80/80 and the Employee is vested after 5 years of service?
For members of MSEP 2011 who are actively employed on or after 1/1/2018, yes, the vesting requirement did change to 5 years, effective 1/1/2018. This change was part of Senate Bill 62, which was passed during the 2017 legislative session. The changes were summarized on our legislative page.
However, requirements for retirement eligibility were not changed. Members of MSEP 2011 reach normal retirement eligibility when they have at least 5 years of service and are age 67 or under the “Rule of 90”. Under the “Rule of 90”, they must be at least age 55 and their age plus years of service equal 90 or more. For example, if someone is age 60 and has 30 years of service, they would meet the Rule of 90.
Not sure if you are in MSEP, MSEP 2000, or MSEP 2011? See What’s My Plan? (bottom of the MOSERS website homepage) with information about plan membership, retirement eligibility requirements, and other plan provisions.
May 1, 2018, 3:03 PM By MOSERS
How would Senate Bill 1007 impact state merit employees who are eligible for retirement (past 80 and out) but have not yet retired?
SB 1007 does not currently contain any changes to any MOSERS benefit provisions. It modifies and repeals several provisions relating to the State Personnel Law (SPL), commonly referred to as the merit system. In order for those proposed changes to go into effect, the House must also pass the legislation and the Governor must approve it.
We will monitor any legislation affecting MOSERS and inform our members of any changes that become law. The 2018 legislative session ends on May 18th. You can visit our Legislation page for more information.
Feb 9, 2018, 2:45 PM By MOSERS
I have heard that the merit system might be in jeopardy. For the merit system was ended, would that impact employee's retirement that are eligible for retirement but have not yet retired?
Until we know if or how the merit system may be changed, MOSERS cannot say how your retirement benefits may be affected, if at all.
Any changes to any retirement provisions must go through the legislative process and be signed into law by the Governor. We will monitor all legislation affecting MOSERS and inform our members of any changes that become law. The 2018 legislative session ends on May 18th. You can follow our Legislation page for more information.
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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.