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Changing Jobs Before Vesting

Jan 31, 2025, 14:00 PM by MOSERS

I currently work for Missouri State University, I will not be vested until 11/01/2026. I am thinking of applying for a job with Missouri Department of Economic Development, if I do I will start prior to my vested date with MSU, how would this affect my pension account?

Since you are already working in a MOSERS benefit-eligible position, you can transfer to any other MOSERS-covered employer in a benefit-eligible position, and your service credit will transfer with you, even if you are not yet vested. Once vested, you are eligible for a lifetime pension benefit when you also meet the retirement age requirement for your plan.

If you are an MSEP 2011 member, your employee contributions will earn interest as long as you are actively employed, even if you transfer from one MOSERS-covered position to another.

MOSERS administers retirement benefits (defined benefit pension and deferred compensation plans) for most benefit-eligible state employees. See our list of MOSERS Covered Employers to learn which state agencies and regional colleges & universities are covered by MOSERS, and the Benefit Providers table to find out who administers various benefits.
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