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Recent Legislation

May 23, 2022, 16:32 PM by MOSERS

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‚Äôs 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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