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  • Changing Bank Accounts

    Mar 26, 2025, 3:55 PM By MOSERS
    How do I change my direct deposit to a different account number?

    You will need to complete a Direct Deposit Authorization form for MOSERS to redirect payment to a new bank account.

    How to Access the Form

    • Log in to myMOSERS and complete the form online.
    • Find the form in our online Library, print it, and send it by email, fax, or mail to MOSERS.
    • Contact us by calling (800) 827-1063 or (573) 632-6100 to request a copy of the form.
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  • Protection of Your MOSERS Benefits

    Feb 27, 2025, 10:30 AM By MOSERS

    Hello MOSERS, In light of the current disruptions to the economy and the federal government, what steps is MOSERS taking to ensure our benefits are protected?

    At MOSERS, we are focused on ensuring the long-term stability of our member’s benefits. The MOSERS Board and staff continually monitor economic trends and actively engage with policymakers on legislative developments at the federal and state levels. Just last week, at the February 21, 2025, MOSERS Board meeting, our external Board Investment Consultant provided an analysis of key market drivers, including interest rates, inflation expectations, and potential shifts in trade policy.

    While we monitor emerging trends, our focus is on long-term goals, and our diversified investment portfolio is designed to weather the volatility of the financial markets over the long term. Furthermore, the Board has also made significant changes to the MOSERS funding policy over the past few years. A key change includes the adoption of a 32% minimum employer contribution rate. The policy is designed to increase the plan’s funded status more rapidly, albeit gradually, than without the policy.

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  • Changing Jobs Before Vesting

    Jan 31, 2025, 2:00 PM By MOSERS

    I currently work for Missouri State University, I will not be vested until 11/01/2026. I am thinking of applying for a job with Missouri Department of Economic Development, if I do I will start prior to my vested date with MSU, how would this affect my pension account?

    Since you are already working in a MOSERS benefit-eligible position, you can transfer to any other MOSERS-covered employer in a benefit-eligible position, and your service credit will transfer with you, even if you are not yet vested. Once vested, you are eligible for a lifetime pension benefit when you also meet the retirement age requirement for your plan.

    If you are an MSEP 2011 member, your employee contributions will earn interest as long as you are actively employed, even if you transfer from one MOSERS-covered position to another.

    MOSERS administers retirement benefits (defined benefit pension and deferred compensation plans) for most benefit-eligible state employees. See our list of MOSERS Covered Employers to learn which state agencies and regional colleges & universities are covered by MOSERS, and the Benefit Providers table to find out who administers various benefits.
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  • 1099-R Tax Forms Are Now Available

    Jan 22, 2025, 3:48 PM By MOSERS
    When will the 2024 1099-R forms be available on the website?

    Benefit recipients can now access an electronic copy of their 1099-R form. Once you log in to myMOSERS, you can find your 2024 1099-R in your Document Express online mailbox. You may view, save, or print it.

    In the future, you will be able to find your 1099-R in myMOSERS on your Member Dashboard in a card labeled Tax Documents. 1099-Rs from 2024 and prior years will remain in Document Express.

    MOSERS started mailing 1099-R forms to all retirees and beneficiaries on January 21 and will mail all of them by January 31, 2025. Please allow adequate time for the US Postal Service to deliver them.

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We strive to provide the most accurate information possible in our answers to Rumor Central questions. However, occasionally, laws, policies or provisions change and individual circumstances may vary. Please contact a MOSERS benefit counselor or see the handbooks in our website Library for more detailed information. If there is any difference between the information provided in this blog or on the MOSERS website and the law or policies that govern MOSERS, the law and policies will prevail. See our Privacy, Security & Legal Notices for more information.