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.
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Do I have to pick my plan a year before I retire?
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.
Topics
- 1099-R (10)
- Annual Leave (3)
- BackDrop (10)
- Board of Trustees (1)
- COLA (15)
- Credited Service (9)
- Death (1)
- Deferred Compensation (6)
- Divorce (1)
- Early Retirement (4)
- Education (7)
- Employee Contributions (14)
- Final Average Pay (8)
- Former State Employee (5)
- Funding (5)
- Leaving State Employment (19)
- Legislation (5)
- Life Insurance (12)
- Long-term Disability (1)
- Medical Insurance (6)
- Military Service (5)
- MSEP (7)
- MSEP 2000 (8)
- MSEP 2011 (14)
- Normal Retirement (23)
- Payday (4)
- Re-employment (16)
- Retirement Process (12)
- Rule of 80 (9)
- Sick Leave (6)
- Social Security (1)
- Taxes (27)
- Temporary Benefit (4)
- Termination (4)
- Travel Assistance (2)
- Universities (3)
- Vesting (4)
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.