News - MoDOT & Patrol Employees' Retirement System

2026 Cost-of-Living Adjustment (COLA)

MPERS is pleased to announce that the 2026 Cost-of-Living Adjustment (COLA) rate has been set at 2.152%. This annual adjustment is an important part of your retirement benefit, helping you keep pace with inflation and maintain purchasing power.

MPERS’ Education Schedule Coming Soon

MPERS is excited to announce that our 2026 education schedule will be released soon! Each year, MPERS offers a variety of live, in‑person, and virtual educational opportunities designed to help members better understand their benefits, plan for retirement, and stay...

Staying Safe from Fraud and Scams in 2026

As we welcome a new year, it’s a perfect time to refresh our awareness of the latest fraud and scam tactics. Scammers continue to target retirees because they often have predictable income sources and may be more trusting of unsolicited calls or messages. The good...

Vital Signs: A Healthy System in FY 2025

Each year, MPERS reviews its Vital Signs, key indicators that measure the overall health and stability of the retirement system. These metrics cover areas such as benefit administration, compliance, cybersecurity, financial audits, and investment performance. For...

Understanding Your MPERS Retirement Benefits

Your MPERS retirement plan is one of the most important benefits you have as a MoDOT or MSHP employee. Knowing how it works can help you make informed decisions about your financial future. Key Topics Every Member Should Know Your Plan Type: Whether you are in the...

Board Meeting Summary – November 2025

Date: November 20, 2025 Time: 12:00 p.m. Approval of Board Meeting Minutes The Board approved the minutes of the September 18, 2025 meeting. These minutes, as well as those from prior meetings, can be found on MPERS’ website. Minutes from the current meeting will be...