Vesting
Automatic on the day you become a member of the ALJLAP
Member Contributions
None
Early Retirement Eligibility
Reduced Benefit
Reduced Benefit
Age 65 with less than 12 years of service; prorated according to actual service
Normal Retirement Eligibility
Full/Unreduced Benefit
Full/Unreduced Benefit
Age 55 with 20 years of service
Age 60 with 15 years of service
Age 62 with 12 years of service
Age 60 with 15 years of service
Age 62 with 12 years of service
Base Benefit Formula
Final Average Pay x Multiplier (.50) = Monthly Base Benefit
Temporary Benefit
Not available
BackDROP
Not available
COLA
Employed prior to August 28, 1997, you will get an annual COLA in retirement of 4-5% until you reach your COLA cap. After you reach the cap, you will get an annual COLA based on 80% of the percentage increase in the average Consumer
Price Index (CPI).
Employed on or after August 28, 1997, your COLA in retirement will be based on 80% of the percentage increase in the average CPI (0-5%).
Employed on or after August 28, 1997, your COLA in retirement will be based on 80% of the percentage increase in the average CPI (0-5%).
Service Transfer
If you have prior service as a Missouri legislator or prosecuting attorney, you may be able to transfer that service into the ALJLAP. Contact MOSERS.
Administrative Law Judges & Legal Advisors' Retirement Handbook
Log in to myMOSERS to retire online or contact a MOSERS benefit counselor to request a personalized retirement application.