Benefits And Health

Showing posts with label MOSERS Rumor Central. Show all posts
Wednesday, January 15, 2020

Rumor Central is Back!

Rumor Central is Back at a NEW Location! Our Rumor Central blog was on a brief hiatus during the latter part of 2019 while we updated and ...
Friday, August 23, 2019
Monday, June 10, 2019

Senate Bill 185

I saw a brief note on local news that Gov. Parsons had signed a bill related to feral hogs and pension plans. Assuming this was some type of...
Tuesday, April 16, 2019

Married State Employees & Survivor Benefits

If I pass away and I am vested with the state for 14 yrs, can my spouse get my state retirement; in addition, can she draw off her state ret...
Friday, April 12, 2019

Pay Raise & Final Average Pay

will the raise that we are suppose to get in 2020 effect my retirement? if I am already on my backdrop and if I retire in dec of 2021. Ass...
Wednesday, April 10, 2019

Death of Member Before Retirement

My age is 58 and i have worked for the state 20 years. My question is if i died before i retired well my spouse receive my pension? My norma...
Tuesday, March 19, 2019

Public Plan?

Is MOSERS a public or private pension plan? MOSERS is a public defined benefit (DB) pension plan so the benefit you receive through MOSERS ...
Wednesday, February 20, 2019

State Employee Pay Raises & Retiree COLAs

(Note - We have edited the question slightly to clarify it.) If all state employees get a raise, for example, a 3% raise from the legislatu...
Thursday, February 14, 2019

Contribution Refunds

I’m considering accepting a job that participates in Moser. There is a substantial payroll contribution for the pension and that it takes fi...

MOSERS' Funding Ratio

So I read on here that the Funding Ratio for Mosers was around 82% in June of 2010. Looking at the most recent Fund Ratio:59% (correct me if...
Wednesday, February 13, 2019

Purchasing Military Service with Deferred Comp Funds

I was told that I could use the money from my Deferred Comp to purchase my military time. Is that correct? If so, how would I do so? I could...
Friday, February 8, 2019

BackDROP Lump-Sum Payment

I keep being told that if a person work at least 2 years backdrop pass their normal retirement, they will receive their monthly lifetime ben...
Thursday, January 31, 2019

State Employee Pay Raise

I am planning to retire 01/07/2019. My question is... IF we were to receive the much talked about raise in January of 2020 would that action...
Monday, January 28, 2019

Tax Information for Retirees

If you are receiving a retirement check from the state of Missouri are you required to claim it on your state tax income tax return as incom...

Continuing Basic Life Insurance at Retirement

My 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 c...
Friday, January 25, 2019

BackDROP & State Taxes

Does my backdrop withdrawals add to my state pension income which adds to my state taxable income that effects my state tax exemption? Yes,...
Wednesday, January 23, 2019

Final Average Pay Calculation

I'd always thought retirement benefits were based on the highest pay of our state employment career. I was told by a coworker who recent...

Public Pension Exemption

Will state pension still be tax exempt for 2018 pension? If you are referring to the Public Pension Exemption, we are unaware of any change...

1099-R Tax Form

We received two questions about 1099-Rs recently: 1. When will 2018 1099-R be on-line? 2. Why can I not receive/access my 1099R online ? I...
Friday, January 18, 2019

Calculating Final Average Pay

Does MOSERS use the pay period end date or the check issue date when calculating the highest 36 consecutive months? In our calculation of f...