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Early Retirement Incentives

Jul 28, 2020, 09:23 AM by MOSERS
I plan on retiring first of the year. If the legislature meets in January and approves an incentive to get state employees to take early retirement, would I just miss out or would any offers customarily be retroactive to the start of the legislative session - January?

As you are aware, a retirement incentive would require legislative authorization. The specific provisions of any such proposed legislation would determine timeframes and who would be eligible. We are not aware of any such proposals. You can follow any bills affecting MOSERS on our Legislation page. 

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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.