rumor-central-header

Hearing Rumors? Not sure your co-worker has it right?

Rumor Central has the answers! Submit your question or just browse our blog to separate facts from fiction.


Subscribe to Rumor Central

Subscribe to receive a monthly email that includes answers to recent Rumor Central questions.

Log in to myMOSERS. Click on Personal Information, then on Email Options. Check the box next to Rumor Central


  • Which Universities are MOSERS Covered Employers?

    Feb 6, 2024, 2:20 PM By MOSERS
    What universities in Missouri do you serve?
    MOSERS administers retirement benefits (defined benefit pension and deferred compensation plans) for benefit-eligible employees of the following universities. 
     
    • Harris-Stowe State University
    • Lincoln University
    • Missouri Southern State University
    • Missouri State University
    • Missouri Western State University
    • Northwest Missouri State University
    • Southeast Missouri State University
    • Truman State University
    • University of Central Missouri
     
    We administer retirement benefits, life insurance, and long-term disability insurance for benefit-eligible employees of State Technical College of Missouri. 
     
    We do not administer life insurance or long-term disability benefits for university employees, except for eligible employees of Lincoln University. 
     
    See our list of MOSERS Covered Employers and our Benefit Providers flyer for more information.
    Print Friendly and PDF
  • Returning to Work in a Non-Benefit-Eligible Position

    Jan 17, 2024, 1:45 PM By MOSERS
    I retired by Missouri state government in 2012 and am currently receiving monthly retirement benefits. I am currently working part-time (in a non-benefit eligible position) at Lincoln University, which participates in the MOSERS retirement system. My question is: I've been employed by Lincoln for several years and have been told that in order to keep receiving my monthly benefits, I can only work 1040 hours per calendar year. Is this still a MOSERS policy?
    MOSERS must administer the retirement plans according to applicable state and federal laws. It is the responsibility of your employer, not MOSERS, to determine if the position you are working in is a MOSERS benefit-eligible position. Generally speaking, an employee must work in a position normally requiring at least 1,040 hours per year to qualify for MOSERS benefits. If your employer determines that the position you are working in is not benefit-eligible and you have followed the termination and reemployment rules, you may work in that position and still get your MOSERS pension benefits. Please see Working After Retirement and Benefit Eligibility for more information.
    Print Friendly and PDF
  • Termination & Reemployment with a MOSERS Covered Employer

    Oct 25, 2021, 10:17 AM By MOSERS
    I'am retired on mosers and now working MOA at the University, how many hours can I work per year.

    It is the responsibility of your employer, not MOSERS, to determine if the position you are working in is a MOSERS benefit-eligible position. Generally speaking, an employee must work in a position normally requiring at least 1,040 hours per year to qualify for MOSERS benefits. If your employer determines that the position is not benefit-eligible and you have followed the termination and reemployment rules outlined below, you may work in that position and still get your MOSERS pension benefits.

    Termination and Reemployment Rules

    Before receiving a benefit payment from MOSERS, IRS rules require a “bona fide termination” of your employment. For purposes of MOSERS Board Rules, a "bona fide termination" occurs when:

    • You have completely severed employment;
    • You have not entered into a prearranged agreement (written or oral), prior to retirement, with the State of Missouri or any MOSERS-covered employer for subsequent employment on any basis (full-time, part-time, or other); and
    • You are not subsequently employed with the State of Missouri or any MOSERS-covered employer on any basis (full-time, part-time, or other) within 30 days after your employment with your prior employer has ended.

    See FAQs on Termination and Reemployment Rules and a flyer on Termination and Reemployment Rules for more information.

    Reemployment

    Upon meeting the termination and reemployment rules, you may return to work and continue receiving your monthly pension payment, as long as your position is not a MOSERS or MoDOT and Patrol Employees’ Retirement System (MPERS) benefit-eligible position.

    If you return to work for the state of Missouri in a MOSERS or MPERS benefit-eligible position:

    • Your monthly pension payment will stop.
    • Depending on various factors (your plan, how long you work, etc.), you may or may not earn additional credited service during reemployment.
    • When you retire again, your monthly pension payment will equal the amount you were receiving when you returned to work plus any additional benefit you may have earned during reemployment.
    Print Friendly and PDF

Topics

Archive

Disclaimer

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.