Retirement benefits are a valuable portion of your total compensation package. The true value of your MPERS retirement benefit may not be recognized until you get closer to retirement age and start wondering how you will fund your retirement.
Whether you are in the early stages of your career or closer to retirement, our website has many resources available to help with your decisions about retirement.
Choose a career stage to discover what MPERS has for you!
At MPERS, we believe that planning in advance is essential to achieve a financially secure and enjoyable retirement. We encourage our members to understand the advantages of their membership and the benefits they are entitled to receive.
Benefit Basics Seminar
Learn more about MPERS and your retirement benefits! Benefit specialists are more than happy to visit work locations for a Benefit Basics presentation. Ask your HR representative to organize a group presentation of no less than 15 attendees.
Retirement Terms 101
Retirement terminology can be a little confusing. This video covers basic terminology that may be used when discussing future MPERS retirement benefit.
Which Plan Am I In?
MPERS offers three retirement plans: the Closed Plan, the Year 2000 Plan, and the 2011 Tier. The member’s hire date determines which plan they are a part of. This section offers more information on the plans including webinars and plan handbooks.
It is never too early to begin thinking about retirement. Take time to understand retirement eligibility. The retirement laws in effect on the date the member leaves state employment determines both eligibility for a benefit and the provisions used to calculate the benefit.
Benefit Basics
Learn more about MPERS and your retirement benefits! Benefit specialists are more than happy to visit work locations for a Benefit Basics presentation. Ask your HR representative to organize a group presentation of no less than 15 attendees.
Benefit Formula
Future retirement benefit amounts are determined by a formula that is written in state law. This formula includes creditable service, final average pay, and a multiplier. More information on how the benefit formula works can be found in this section.
Disability Benefits
The state provides long-term disability (LTD) and work-related disability (WRD) benefits to active members of MPERS. These benefits may provide a source of partial income replacement in the event a member is disabled. This section includes the Disability Handbook and a brief summary of the benefits.
Survivor Benefits
MPERS is here to help our members to navigate this difficult, sometimes unexpected, season. Whether it is a retiree whose spouse has passed away or they are a surviving spouse of a retiree, it is important to know what benefits they may be entitled to. This section of the website will help members and survivors begin the process.
Which Plan Am I In?
MPERS offers three retirement plans: the Closed Plan, the Year 2000 Plan, and the 2011 Tier. The member’s hire date determines which plan they are a part of. This section offers more information on the plans including educational webinars and plan handbooks.
Ready to start planning for retirement?
You can start by using the tools on this site to estimate your benefits. Learn how and when you can retire, register for a seminar, schedule an appointment with a benefit specialist, and more!
myMPERS Secure Member Access
Members can access their retirement eligibility date, estimate a benefit, view annual benefit statements, register for Pre-Retirement Seminars, complete forms, and much more!
Retirement Eligibility
Eligibility for a future retirement benefit is determined by several factors that are discussed in this section.
Retirement Process
Once a member is eligible to retire and has decided to take the next step, MPERS has a 2-step retirement process that is quick and easy.
Retirement Checklist
Feel like you’ve forgotten something in the retirement process? This checklist will help you make sure all of your I’s are dotted and your T’s are crossed.
Pre-Retirement Seminar
This seminar is for members within five years of retirement eligibility. Representatives from MPERS, the MoDOT & Patrol Medical and Life Insurance Plan, and Deferred Compensation will cover topics that include retirement benefits, health care, deferred compensation plan and more.
Pre-Retirement Seminar Workbook
This workbook supplements the Pre-Retirement Seminar.
Schedule an Appointment with a Benefit Specialist
Sometimes face-to-face interaction is welcomed when making a significant life decision like retirement. Our benefit specialists love assisting our members who are considering retirement. Their goal is to make sure our members understand their options at retirement and are comfortable with the choice(s) they’ve made.
Stay informed about the retirement system, and likewise, keep MPERS informed of changes in your life. If you change addresses phone numbers, get married, etc, please let us know.
Cost of Living Adjustments (COLAs)
MPERS provides an annual COLA to eligible retired members, surviving spouses, former spouses, beneficiaries, surviving children under the age of 21 and work-related disability recipients. Regardless of which plan you are in, the annual COLA rate is based on 80% of the average percentage increase in the Consumer Price index for all Urban Consumers for the United States (CPI-U), with an annual maximum of five percent.
myMPERS Secure Member Access
Retirees can update their contact information as well as tax withholdings by logging into myMPERS Secure Member Access.
Reemployment After Retirement
On occasion, retirees may seek out employment opportunities once they have retired with MPERS. For retirees considering reemployment under a Missouri State Employees’ Retirement System or MPERS covered agency, there are guidelines in place that may affect your MPERS benefit.
Survivor Benefits
MPERS is here to help you navigate this difficult, sometimes unexpected, season. Whether you are a retiree whose spouse has passed away or you are the surviving spouse, it is important to know what benefits you may be entitled to. This section of the website will help you begin the process.