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  • COLA Cap

    Jun 22, 2022, 9:10 AM By MOSERS

    Is there a "cap" on the amount of COLA increases retirees receive each year, given the economy warrants it?

    The maximum increase for the COLA in a single year is 5%.

    COLAs for most retirees are equal to 80% of the percentage increase in the average Consumer Price Index (CPI) from one year to the next, with a maximum of 5% (minimum of 0%). 

    You may have read information about another type of COLA Cap: Members employed before August 28, 1997, who retired under MSEP, have a COLA cap. Retirees in this situation, get a guaranteed COLA of at least 4% each year (maximum 5%) until they reach the COLA cap. They reach the COLA cap when the sum of their COLAs equals 65% of their initial benefit amount.


    $1,000 (Initial Base Benefit) x .65 (65%) = $ 650 (COLA Cap) 

    • After reaching the COLA cap, annual COLAs will be equal to 80% of the percentage increase in the average Consumer Price Index (CPI) from one year to the next. The minimum is 0% and the maximum is 5%. In other words, retirees eligible for the guaranteed 4% COLA continue receiving a COLA after reaching the COLA cap, however, it isn’t guaranteed at any rate.
    • Typically, members reach the COLA cap around 12 to 13 years after retirement.
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  • Purchasing Military Service

    Jun 22, 2022, 9:08 AM By MOSERS
    Is purchasing military service still an option? I can't seem to find that information on the website. Thank you

    As a member of MSEP or MSEP 2000, you may purchase up to four years of active-duty military service credit for service performed prior to last becoming a member of MOSERS. This may include active-duty military training. This information is included in our Purchasing and Transferring Service Guide for MSEP (Closed Plan) Members or Purchasing and Transferring Service Guide for MSEP 2000 Members materials. Purchase of prior military service is not available to members of MSEP 2011 or the Judicial Plan 2011.

    Contact a MOSERS benefit counselor to get additional information and to request an Application to Purchase Active-Duty Military Service. Once you complete the application, MOSERS will provide you with an estimate of the cost to purchase service and how doing so will affect future benefit payment amounts.

    You must complete any purchase of military service prior to applying for retirement. If you have money in your MO Deferred Comp account, as a member of MSEP or MSEP 2000, you can use those funds to purchase prior military service (exception: Roth 457 assets cannot be used to purchase service credit). If you have questions about accessing your funds, contact MO Deferred Comp.

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  • Returning to Work

    Jun 22, 2022, 8:59 AM By MOSERS

    Hello. Quick question. I am a current state retiree, and am starting to work part time with a state agency. I know that I'm limited to 1,000 hours in a calendar year. However, is there a weekly or monthly maximum of hours? I have never heard that there was, but I may be working quite a few hours for short periods of time, and I wanted to make sure there would be no issues. Thanks!

    Before receiving a benefit payment from MOSERS, IRS rules require a “bona fide termination” of your employment. Upon meeting the termination and reemployment rules, you may return to work and continue receiving your monthly pension payment, as long as your position is not a MOSERS or MoDOT and Patrol Employees’ Retirement System (MPERS) benefit-eligible position.

    Generally speaking, an employee must work in a position normally requiring at least 1,040 hours per year to qualify for MOSERS benefits. It is the responsibility of the employer, not MOSERS, to determine if a position is eligible for MOSERS benefits. Therefore, your new employer would make the decision regarding your question about a maximum amount of weekly or monthly hours. Once your employer has notified you if it is a benefit-eligible position or not, we encourage you to contact a MOSERS benefit counselor to discuss your specific situation.

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  • Medical Insurance

    Jun 14, 2022, 8:22 AM By MOSERS
    It has been rumored that payment of the healthcare premium for upcoming retirees will be paid until the individual is medicare eligible. Are you able to confirm this rumor? And if so, is there a timeframe that one would need to retire in order to receive this benefit? Thank you.

    Since your question relates to medical insurance, please contact your medical insurance provider. For most state employees, that is Missouri Consolidated Health Care Plan (MCHCP). If you are employed at a college, university, or the Department of Conservation, contact your human resources/employee benefits office. As a reminder, at MOSERS, we administer retirement, life insurance, and long-term disability benefits, but not medical insurance. We cannot respond to questions about benefits we don’t administer. 

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  • Understanding the Substitute W-4P Form

    Jun 6, 2022, 11:28 AM By MOSERS

    Regarding information needed for retirement process, where or how do I obtain the "withholding amounts from benefit for federal and Missouri state taxes", is this from a check stub for when taxes are filed each year

    Each person’s situation may be different, and we cannot advise you on your tax liability as it pertains to your MOSERS pension. We suggest you contact the Missouri Department of Revenue and/or a qualified tax advisor about your tax liability and to determine your withholding amounts.

    You will elect both your Missouri state and your federal tax withholdings on the Substitute W-4P form and submit it to MOSERS. The fastest, easiest way to submit it is by logging in to myMOSERS. You may also submit it to us via mail, email, or fax (see our Contact page for details). Please note that the amount of withholdings you elect does not change your tax liability.

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  • Updating Your Email Preferences

    Jun 3, 2022, 2:45 PM By MOSERS
    I would like to receive my communications from MOSERS on paper rather than by email.

    If you would like to change your email preferences, please log in to myMOSERS After logging in, select Personal Information then Email Options. From there you can opt-out of receiving email updates. If you are unable to log in, please contact a MOSERS benefit counselor who will be happy to help you.

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  • Working in a Different State

    Jun 1, 2022, 9:07 AM By MOSERS
    I am currently working in a different state and want to pull my MOSERS retirement account and place it with my current retirement account. How do I get that done?

    You are not able to access your MOSERS defined benefit pension until retirement and it is not transferable to a pension plan in a different state. However, if you are no longer working in a MOSERS benefit-eligible position, and you are a member of MSEP 2011 or the Judicial Plan 2011, you may be eligible to request a refund of your employee contributions. By taking a refund, you will lose all your credited service and future rights to receive pension and LTD benefits from MOSERS. By law, there is a 90-day waiting period before we can issue a refund.

    If you saved money with the MO Deferred Comp Plan while employed with the state, you do have the option to withdraw your 457 savings penalty-free upon leaving state service or you may roll your savings balance to another qualified retirement savings plan. Please visit for more information.

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  • Travel Assistance for Members

    May 27, 2022, 10:44 AM By MOSERS

    Do I still have the travel assistance through standard if I have basic life insurance?

    Yes. Active members and retirees who have MOSERS basic life insurance* are eligible for travel assistance when traveling at least 100 miles from home or in a foreign country. Family members, including a spouse and children through age 25 are also covered. This includes help with trip planning, lost travel documents, and emergency medical or legal resources while you are away from home. The medical assistance includes help with locating medical care, 24-hour access to nurses by phone, and emergency transportation services. (Please note: Travel assistance is not the same as travel health insurance. Please contact your health insurance provider regarding health care coverage when travelling.)

    For more info, check out the Travel Assistance Service Overview. You can get the most out of Travel Assistance with the Assist America Mobile App.

    *MOSERS' life insurance is not available to employees of the Department of Conservation or state regional universities except for Lincoln University and State Technical College of Missouri.

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  • Recent Legislation

    May 23, 2022, 4:32 PM By MOSERS

    Did the 2023-24 budget bill sent to the governor contain the amount that the MOSERS board requested for the MOSERS pension fund?

    The General Assembly passed the FY23 state budget on Friday, May 6. This budget will be effective beginning July 1, 2022. Within the FY23 budget, the General Assembly appropriated and fully funded the amount requested by the Office of Administration of $610 million to fund the State’s annual employer contribution to MOSERS. 

    In addition, the General Assembly passed a $500 million one-time extraordinary payment to MOSERS. For more information, visit our Legislation page or view HB 3005. 

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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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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.