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Missouri Department of Transportation & Missouri State Highway Patrol Employees’ Retirement System

The basic financial objective of MPERS is to establish and receive contributions which 1) when expressed in terms of percentage of active member payroll, will remain approximately level from generation to generation of Missouri citizens, and which 2) when combined with present assets and future investment returns, will be sufficient to meet the present and future financial obligations of MPERS. In order to measure progress toward this fundamental objective, MPERS has annual actuarial valuations performed.