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May 18, 2022, 8:03 AM By MOSERS
Seeing how Monday is a holiday, was just wondering when I was going to get paid? Thank youWe will issue benefit payments on Tuesday, May 31. To view the remainder of 2022 benefit payments, check out the Pension Payment & Holiday Schedule.
Apr 27, 2022, 1:40 PM By MOSERSWill retirement checks be issued bi-weekly as a result of legislative change?
No, there are no legislative proposals to change benefit payments for retirees or beneficiaries from monthly to biweekly.
Aug 19, 2021, 9:37 AM By MOSERSI need help changing my online banking information for direct deposit. I had to close my current account and open a new one because of fraud concerns.
If you want to update your direct deposit information, just log in to myMOSERS. Once logged in, click Forms, then select Direct Deposit. From there you can begin to fill out and complete the Direct Deposit Authorization form online or you can mail it to MOSERS. Or feel free to come by and place it in our drop box out front at any time.
May 19, 2020, 3:45 PM By MOSERSI would like particular deductions currently coming out of my paycheck to keep being deducted from my retirement benefit. Is this allowed? If yes, who do I contact to keep this continuing?
If applicable, the following deductions may be withheld from your monthly benefit payment:
- Missouri income tax as specified on your W-4P (tax withholding form)
- Federal income tax as specified on your W-4P (Without this form, we are required to withhold federal taxes as if you are married claiming three allowances.)
- MOSERS optional life insurance premium
- Aflac insurance premium
- Missouri Consolidated Health Care Plan (MCHCP) premium
- Department of Conservation’s health and life insurance premium(s)
- Miscellaneous deductions such as vision and dental insurance and Missouri State Employees Charitable Campaign (MSECC) contributions
With Aflac and MSECC, you must contact those organizations directly, then they will send us a notice to withhold the appropriate deductions. Otherwise, whether you retire online, or on paper, we will provide you with the required forms for these deductions. Be sure to review our Retirement Guide, which explains why and how to complete various forms at retirement.
Dec 17, 2018, 8:33 AM By MOSERS
After a person retires and receive their first retirement check, I am curious to know how will it will be paid out? Will it be monthly, or bi-weekly?
Retirees are paid once a month, on the last working day of each month. If you enroll in direct deposit during the retirement process, your payment will be transferred electronically on that day. If you receive a paper check, it will be mailed on the last working day of the month. We encourage retirees to participate in direct deposit, since it is faster and more secure than a paper check.
You can view the Pension Payments page on our website, which we will be updating for 2019 soon.
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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.