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Hearing Rumors? Not sure your co-worker has it right?

Rumor Central has the answers! Submit your question or just browse our blog to separate facts from fiction.

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  • How to change direct deposit account

    Feb 9, 2023, 9:55 AM By MOSERS
    How do I change my direct deposit account to a different account?

    To update your direct deposit information, just log in to myMOSERS. Once logged in, click Forms, then select Direct Deposit. From there you can begin to fill out and complete the Direct Deposit Authorization form online or you can complete the paper Direct Deposit Authorization form and mail it to MOSERS.

    If you need assistance, feel free to contact a MOSERS benefit counselor at (800) 827-1063 or (573) 632-6100.

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  • May Pension Payments

    May 18, 2022, 8:03 AM By MOSERS

    Seeing how Monday is a holiday, was just wondering when I was going to get paid? Thank you

    We will issue benefit payments on Tuesday, May 31. To view the remainder of 2022 benefit payments, check out the Pension Payment & Holiday Schedule. 
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  • Biweekly Benefit Payments?

    Apr 27, 2022, 1:40 PM By MOSERS
    Will retirement checks be issued bi-weekly as a result of legislative change?

    No, there are no legislative proposals to change benefit payments for retirees or beneficiaries from monthly to biweekly.

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  • Direct Deposit Authorization

    Aug 19, 2021, 9:37 AM By MOSERS
    I need help changing my online banking information for direct deposit. I had to close my current account and open a new one because of fraud concerns.

    If you want to update your direct deposit information, just log in to myMOSERS. Once logged in, click Forms, then select Direct Deposit. From there you can begin to fill out and complete the Direct Deposit Authorization form online or you can mail it to MOSERS. Or feel free to come by and place it in our drop box out front at any time. 

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  • Deductions From Monthly Benefit Payments

    May 19, 2020, 3:45 PM By MOSERS
    I would like particular deductions currently coming out of my paycheck to keep being deducted from my retirement benefit. Is this allowed? If yes, who do I contact to keep this continuing?

    If applicable, the following deductions may be withheld from your monthly benefit payment:

    • Missouri income tax as specified on your W-4P (tax withholding form)
    • Federal income tax as specified on your W-4P (Without this form, we are required to withhold federal taxes as if you are married claiming three allowances.)
    • MOSERS optional life insurance premium
    • Aflac insurance premium
    • Missouri Consolidated Health Care Plan (MCHCP) premium
    • Department of Conservation’s health and life insurance premium(s)
    • Miscellaneous deductions such as vision and dental insurance and Missouri State Employees Charitable Campaign (MSECC) contributions

    With Aflac and MSECC, you must contact those organizations directly, then they will send us a notice to withhold the appropriate deductions. Otherwise, whether you retire online, or on paper, we will provide you with the required forms for these deductions. Be sure to review our Retirement Guide, which explains why and how to complete various forms at retirement.

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Disclaimer

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.