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Recent Legislation
Did the 2023-24 budget bill sent to the governor contain the amount that the MOSERS board requested for the MOSERS pension fund?
The General Assembly passed the FY23 state budget on Friday, May 6. This budget will be effective beginning July 1, 2022. Within the FY23 budget, the General Assembly appropriated and fully funded the amount requested by the Office of Administration of $610 million to fund the State’s annual employer contribution to MOSERS.
In addition, the General Assembly passed a $500 million one-time extraordinary payment to MOSERS. For more information, visit our Legislation page or view HB 3005.
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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.