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HR Update November 15, 2017

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HR UPDATE

HR Update November 15, 2017

Volume 17, No. 16

[Posted on 11/15/2017 at 1:24 PM]

Annual Life Insurance Review Summary

The Annual Life Insurance Review ended at midnight on October 31, 2017. Here are a few interesting facts from this year’s review period: 

  • 19,798 members were eligible to increase coverage without proving insurability. 
  • 3,208 members increased their optional life insurance coverage. 
  • Only 59 members used the telephone to increase coverage for 2018. 

Changes made during the annual life insurance review period will be effective January 1, 2018. An optional life insurance report will be available on the Employer Secure Site in early January. Employees who increased coverage have already received confirmation letters. Members whose basic or optional life insurance amounts or premiums are changing will receive a confirmation letter in the next two weeks.

2017 MSEP 2011 PreRetirement Seminars

Please pass on to your employees who are members of the MSEP 2011 (first employed in a MOSERS benefit-eligible position on or after January 1, 2011): 

Spaces are still available for the remaining 2017 MSEP 2011 PreRetirement Seminars! We encourage MSEP 2011 members who are within 5 years of retirement eligibility to attend (HR staff are also welcome to attend). 

November 28th, 2017 - MSEP 2011 PreRetirement Seminar in MOSERS’ Office 

  • This part-day session will be held at MOSERS, 907 Wildwood Dr., Jefferson City, from 8:30 a.m. – 2:00 p.m. and will cover information about MOSERS benefits, MO Deferred Comp, Missouri Consolidated Health Care Plan (MCHCP) and Social Security. 
  • There is no cost to attend this session and members are welcome to bring a guest. A box lunch will be provided. 
  • Members (and their guest) must be registered to attend. To register, call MOSERS directly at (800) 827-1063, option 1, and reserve your spot today!

December 12th, 2017 - MSEP 2011 PreRetirement Webinar 

  • The webinar will be from 9:30 a.m. – 11:00 a.m. and will be followed by an open Q & A session until 11:15 a.m. 
  • MOSERS will mail a personal benefit estimate and MSEP 2011 Reference Book to each member who has registered to attend. To ensure receipt of these documents prior to the webinar, please register at least ten business days prior to the date of the webinar.

Registration and the schedule for all 2018 MSEP 2011 PreRetirement Seminars will be announced by the end of January 2018. 

Bookmark our MSEP 2011 PreRetirement webpage and visit it often; it is your best source of information!


Workplace Possibilities

The Workplace Possibilities Program is happy to announce that, effective 10/24/2017, members will become covered under the program on their first day of employment with the state of Missouri. They will no longer have to wait 6 months of employment to apply for these services. Note that eligibility for the program has not changed and members will still not be covered under the program if they are 6 months away from their first eligibility for normal retirement. If you have any questions about the Workplace Possibilities Program please contact Thania Fitzgerald at (573) 644-1290.

MSEP 2011 Termination Forms

Programming has been completed that now allows us to start accepting future termination forms (dated on or after 1/1/2018) for MSEP 2011 members.  You can now process all terminations, even if the termination date is on or after 1/1/18.

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MOSERS
Missouri State Employees' Retirement System
Address: 907 Wildwood Dr., Jefferson City, MO 65102
https://www.mosers.org/images/mosers-logo-bg-375-280.jpg Phone: 800.827.1063 URL: Email: mosers@mosers.org Founded On: September 1, 1957