HR Update is a way for MOSERS to communicate benefit news and updates with human resource and payroll representatives. Check back often and sign up to receive our emails. 

  • Employer Retirement Contribution Rate Changes

    Jun 13, 2024, 10:01 AM By MOSERS

    The employer retirement contribution rate is calculated by MOSERS’ external actuary and is certified by the MOSERS Board of Trustees annually.

    As a reminder, the employer retirement contribution rates for MSEP, MSEP 2000, and MSEP 2011, as well as for the Judicial Plan and Judicial Plan 2011, are changing effective July 1, 2024.

    The changes to the employer retirement contribution rates for the respective plans, effective July 1, 2024, are as follows:

    Fiscal YearEffective DateMSEP, MSEP 2000, MSEP 2011Judicial Plan, Judicial Plan 2011
    FY2507/01/202428.75%61.34%
    FY2407/01/202327.26%59.83%
     

    There are no changes to the employer contribution rates for CURP, basic life insurance, and long-term disability benefits.

    If you are a local employer, please take note and adjust retirement contributions, effective July 1, 2024, as needed.

    If you are a SAM II employer, contributions occur automatically as a percentage of payroll, and you do not need to take any additional action.

    See Employer Contributions for more information.

  • Refund of Employee Contributions

    Feb 21, 2024, 8:02 AM By MOSERS

    When an MSEP 2011 or Judicial Plan 2011 employee leaves state employment and is not yet eligible for normal retirement, they may either take a refund of their employee contributions or leave their contributions with MOSERS. It’s an important decision that former employees should make carefully. You can point them to our Refund of Employee Contributions page for a review of all the factors that may weigh into their decision.

    MOSERS benefit counselors are always happy to assist current or former members in understanding their benefits and choices through MOSERS. Employees can reach a benefit counselor by calling (800) 827-1063 and selecting option 1.

  • The Board Election Begins Soon

    Jul 18, 2022, 11:05 AM By MOSERS

    The 2022 Board Election is just around the corner. As a MOSERS member, your employees will have the opportunity to cast their vote in the Board Election process. For active members, their vote will have an impact on who will hold two of the eleven positions on the MOSERS Board of Trustees.

    The third-party election administrator will mail an election notice on August 10 to all eligible members. This includes all active and retired members. In addition, the election administrator will email eligible members who have a valid email on file with MOSERS alerting them that the election is open for voting. Encourage them to check their inboxes and update their email information with us. 

    Eligible members will have six weeks to vote online or by phone. The election period ends on September 21, 2022. For more information, or to see the candidate bios, check out the Board Election page.

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