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


Do I have to pick my plan a year before I retire?

Oct 20, 2022, 10:51 AM by MOSERS
I am eligible for retirement 2/1/2024, I have heard that if I don't pick my retirement plan by this February (2/1/2023) a plan will be picked for me? The seminars and webinars are full, from now to end of December. I am worried I may not get the retirement option I want now!

All eligible state employees are members of a retirement plan based on when they are first employed in a MOSERS benefit-eligible position and their vested status.

 Our records indicate that you are a member of MSEP. State law allows members of MSEP to choose either MSEP or MSEP 2000 at the time of retirement. A plan will not be picked for you. Your plan is not dependent upon if you attend a Ready to Retire seminar or not. Additionally, you are not required to make that decision a year in advance.

 It is important for you to learn about the retirement process and your choices at retirement. Below are options:

  • We have a Ready to Retire webinar on December 1, 2022, which we have opened up to additional attendees. You may register via myMOSERS or contact us at MOSERSEducation@mosers.org.
  • At any time of year, you may call or make an in-person appointment to meet individually with a MOSERS benefit counselor to discuss your options.
  • In mid-December, we will post the education schedule for next year to our website. We encourage you to watch for that and, as soon as possible, register to attend an in-person seminar or webinar.
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.