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  • Continuing Basic Life Insurance at Retirement

    Jan 28, 2019, 1:54 PM By MOSERS

    My wife also worked for the state of Missouri for 29 years. Her office closed just before she reached 80 and out. A year later she started collecting her state retirement when she turned 51. Does she still get the $5,000 life insurance like I do. I stayed for 35 years and received full backdrop at age 55. 

    No. Anyone who does not retire directly from state employment ;(within 60 days from their last day of state employment), does not get the automatic $5,000 in basic life insurance coverage at no cost to them.

    The state will continue to pay for $5,000 of basic life insurance coverage for life for retirees who meet the following conditions:

    • They had basic life insurance coverage as an active employee and did not terminate coverage at retirement.
    • They have a MOSERS retirement date that is within 60 days of when they left state employment.
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  • Termination & Retirement Benefits

    Apr 3, 2018, 3:59 PM By MOSERS

    If you are fired from state government, with or without just cause, do you lose your retirement benefits?

    No. If you are vested with MOSERS (you have at least 5 years of service) and then leave state employment, you will be eligible* for a lifetime monthly benefit, which will begin once you meet the age requirement (and all other legal requirements) and retire under a MOSERS defined benefit pension plan. In general, your benefits will be based on the laws in effect on the day you leave state employment.

    See What’s My Plan? (bottom of the MOSERS website homepage) with information about plan membership, retirement eligibility requirements, and other plan provisions. Contact a MOSERS benefit counselor to discuss your specific situation. You may also contact a MOSERS benefit counselor to request benefit estimates for various scenarios (including a scenario of leaving employment prior to retirement eligibility).

    *An exception is if you were fired because you were convicted of a specified felony committed in connection with your job as a state employee on or after August 28, 2014. See Missouri Revised Statute §105.669.

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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.

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