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PRESS RELEASE

For Immediate Release
Contact: Candy Smith
(573) 632-6130

Fitzpatrick and Jacobs Appointed to MOSERS Board

[Posted on 07/02/2018 at 7:57 AM]

Rep. Scott FitzpatrickJEFFERSON CITY, MO – Speaker Todd Richardson has appointed Representative Scott Fitzpatrick, R – Shell Knob, to the Missouri State Employees’ Retirement System (MOSERS) Board of Trustees. Representative Fitzpatrick fills the legislative vacancy created by the recent appointment of Representative Justin Alferman, R – Hermann, to Governor Mike Parson’s staff as Legislative Director.

“I genuinely appreciate Representative Alferman’s service on the MOSERS Board and would like to thank Speaker Richardson for the opportunity to serve Missouri in a new way,” said Rep. Fitzpatrick. “I look forward to providing legislative oversight and guidance to a retirement system that is indispensably important to the future security of vested state employees. As the budget chairman, it is also my job to make sure that MOSERS provides a tremendous value for taxpayers who support the system with hundreds of millions of dollars each year.”

 

Jenny Jacobs - Elected Active MemberJenny Jacobs, CPA, Chief Financial Officer for State Technical College of Missouri, also joined the MOSERS Board this month as the representative of active state employees. Ms. Jacobs will finish the unexpired term of Shannon Owens, who recently resigned from state employment. State statute (104.450, RSMo) specifies that vacancies occurring in the offices of the elected board members may be filled by the board of trustees until the next regularly scheduled election. At their June 5th meeting, the MOSERS Board voted to name Ms. Jacobs to the Board because, other than those elected, she received the most votes among active employee candidates in the 2014 MOSERS Board Election.

Ms. Jacobs earned her BSBA from the University of Missouri – St. Louis and has been a licensed CPA since 1998. She spent 9 years in public accounting primarily in business and personal income tax, 8 years as the CFO of a multi-specialty medical group, and the last 5½ years in higher education at State Technical College. She resides in rural Linn, Missouri with her husband Greg.

“MOSERS is such a vital resource to all of the employees of the State of Missouri,” said Ms. Jacobs. “It is truly an honor to have the opportunity to utilize my skills and experience and participate in the oversight of this resource.” 

MOSERS is a public employee retirement system managing more than $8 billion in assets. The system administers retirement, long-term disability insurance, life insurance, and deferred compensation benefits for approximately 113,000 present and former state employees and their beneficiaries. Public pension benefits have a significant and reliable positive impact on state and local economies. MOSERS paid more than $700 million in benefits in FY17 and from that members had $15 million in state taxes and $66.7 million in federal taxes withheld from their benefit payments. Nearly 90% of the benefits paid by MOSERS remains in Missouri.

 

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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