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The Missouri State Employees’ Retirement System (MOSERS)

Is A Defined Benefit Plan

The Missouri State Employees’ Retirement System (MOSERS), is a Defined Benefit pension that provides a guaranteed, lifetime monthly benefit with cost-of-living adjustments.

As a MOSERS employee, you are also eligible to participate in a 457 retirement savings plan and make pre-tax and post-tax contributions with MOSERS providing a $25 match.

For members first employed prior to January 1, 2011, MOSERS is non-contributory. This means there are no employee contributions to the plan if you enrolled before this date.

For MOSERS employees hired on or after January 1, 2011, the plan is a Contributory Defined Benefit Plan with employees generally contributing 4% of their salary.

Add to this, depending on your date of enrollment in MOSERS, you may fall under different Missouri State Employees’ Plan (MSEP) retirement age requirements.

MSEP (hired prior to July 1, 2000):

  • Vesting period is 5 years of service credit.
  • Full Benefit retirement may be taken at age 65 with 15 years of credited service or when the age of the employee and years in credited service is equal to 80.
  • Early retirement may begin at age 55 with at least 10 years of credited service for a reduced rate.

MSEP 2000 (hired on or after July 1, 2000 but prior to January 1, 2011):

  • Vesting period is 5 years of service credit.
  • Full benefit retirement begins at age 62 with at least 5 years of service or age 48 if the sum of the age and years of credited service equals 80.
  • Early retirement begins at age 57 with at least 5 years of credited service.

MSEP 2011 (hired on or after January 1, 2011):

  • Vesting period is 5 years of service credit.
  • Full benefit retirement can be taken at age 67 with at least 5 years of credited service or at least age 55 when the age and years of service combined equal 90.
  • Early retirement begins at age 62 with at least 5 years of credited service.

BackDROP Option For MSEP and the MSEP 2000 Members

BackDROP is an option available at retirement for members in the MSEP and the MSEP 2000 plans only (employees hired before January 1, 2011).

If you work at least two years beyond your eligibility for normal retirement, BackDROP provides a way to receive a one-time lump sum payment at retirement in addition to your ongoing monthly benefit.

Keep in mind, BackDROP is not available to employees hired for the first time in a MOSERS- eligible position on or after January 1, 2011.

Other Missouri Pension Plans

The State of Missouri provides other Defined Benefit pension plans including:
  • 1.Public School & Education Employee Retirement Systems of Missouri (PSRS/PEERS)
  • 2.College and University Retirement Plan (CURP)
  • 3.Plus additional pension plans for Police and Firefighters, Transportation and Judicial.
Missouri Pension Plans

MOSERS FAQ's

How long do I need to work before I am vested in MOSERS?

The vesting requirement for MOSERS-eligible employees is 5 years of credited service.
  • MSEP (hired prior to July 1, 2000): Full Benefit retirement may be taken at age 65 with 15 years of credited service or when the age of the employee and years in credited service is equal to 80.
  • MSEP 2000 (hired on or after July 1, 2000 but prior to January 1, 2011): Full benefit retirement begins at age 62 with at least 5 years of service or age 48 if the sum of the age and years of credited service equals 80.
  • MSEP 2011 (hired on or after January 1, 2011): Full benefit retirement can be taken at age 67 with at least 5 years of credited service or at least age 55 when the age and years of service combined equal 90.

Do I have to pay Federal Income Taxes on MOSERS retirement benefit?

Yes, once you retire and start receiving MOSERS retirement benefits as income, those payments become subject to Federal taxes. Your MOSERS retirement benefit is also subject to state income taxes if you continue to reside in Missouri after you retire.

Will my MOSERS retirement benefits be reduced by Social Security Benefits I receive?

No, MOSERS does not reduce your benefit once you become eligible for Social Security.
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