Benefits And Health

Benefits And Health

Home » MOSERS Rumor Central » Department of Corrections Rumor
Tuesday, December 19, 2017

Department of Corrections Rumor

at

I JUST HEARD A VICIOUS RUMOR THAT MISSOURI MIGHT PRIVATIZE THEIR PRISON SYSTEM. IF THAT HAPPENS, HOW WILL IT AFFECT MY BACKDROP AND PENSION?
We are not familiar with that rumor. Any hypothetical privatization of services provided by the Department of Corrections would likely require legislative approval and/or action by the Governor.

MOSERS would pay any accrued pension benefits (including BackDROP) to employees once they reach retirement eligibility age & service based on the pension formula for general state employees as outlined in state law as of the date the member leaves state employment.

Share on Facebook
Share on Twitter
Share on Google+

Related : Department of Corrections Rumor

  • Final Average Pay CalculationI'd always thought retirement benefits were based on the highest pay of our state employment career. I was told by a coworker who recently attended a pre-retirement semi ...
  • Part-Time EmploymentMy initial State employment was as a part time employee. Do any of those years count towards my years of service when calculating my retirement options? No, most likely ...
  • Continuing Basic Life Insurance at RetirementMy wife also worked for the state of Missouri for 29 years. Her office closed just before she reached 80 and out. A year later she started collecting her state retiremen ...
  • Survivor Benefit for Vested EmployeeEmployee is vested and dies before retirement, will their spouse receive any retirement benefit. Yes, if you are a general state employee, married, vested in MOSERS, and ...
  • Public Pension ExemptionWill state pension still be tax exempt for 2018 pension? If you are referring to the Public Pension Exemption, we are unaware of any changes to it compared to the previo ...

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)