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...

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...

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...

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...

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,...

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...

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...