MoDOT & Patrol Employees’ Retirement System

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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.

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 messag …

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 perfo …

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 yo …

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 m …

MPERS Financial Status Update 2025

In this update, Scott Simon, Executive Director of MPERS, explains the latest developments in the financial health of the retirement system and what they mean for members. With encouraging news about MPERS’ funded status and a noticeable shift in emplo …

We Have Moved to 813 W Stadium Blvd

Starting Monday, September 29, you’ll find us at our new location: 813 W Stadium Blvd, Jefferson City, MO 65109. Our new space is designed with you in mind, offering improved access for one-on-one retirement consultations, expanded capacity for member …

MPERS Funded Status Reaches 75.7%!

MPERS has reached a significant milestone in its financial journey. As of June 30, 2025, the plan is 75.7% funded, the highest level in MPERS’ history. This achievement reflects the impact of strong investment returns, disciplined funding policies, and …

Board Meeting Summary – September 2025

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

Why Your Retirement Contribution Looks Lower

In this update, Scott Simon, Executive Director of MPERS, explains why the retirement contribution amount on your paycheck may appear smaller, and why that’s actually good news. Learn how a lower employer contribution rate reflects the growing financia …

We’re Moving to a New Location Soon!

Exciting changes are underway at MPERS as we prepare for our upcoming office move. Our new space is designed with members in mind, offering improved access for one-on-one meetings and expanded capacity for member education events. Whether you’re visiti …

Knowing Your Benefits is Easier than Ever!

We’re excited to announce the launch of the newly redesigned MPERS.org! Whether you’re just starting your career, planning for retirement, or already enjoying it, our updated website is designed to make understanding and managing your benefits easier t …

MPERS Celebrates 70 Years of Service

This year marks a historic milestone: the 70th anniversary of the MoDOT and Patrol Employees’ Retirement System (MPERS). Established through Senate Bill 66, which became effective on August 29, 1955, MPERS began its journey with no startup funding. Mon …

Public Pensions: A Revenue Generator for Missouri

In the latest 2025 edition of its landmark study, the National Conference on Public Employee Retirement Systems (NCPERS) reveals a compelling truth: public pensions are not a cost burden—they are a powerful economic engine. The report, titled Unintende …

MPERS Receives Award for 20th Consecutive Year

(Chicago, Illinois)—Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to Missouri Department of Transportation & Highway Patrol Employees’ Ret …

Board Meeting Summary – June 2025

Date: June 20, 2025 Time: 12:00 p.m. Approval of Board Meeting Minutes The Board approved the minutes of the February 21, 2025 meeting. These minutes, as well as those from prior meetings, can be found on MPERS’ website. Minutes from the current meetin …

MPERS Celebrates 70 Years of Service This August

MPERS was established through Senate Bill 66, which became effective on August 29, 1955. Originally known as the Highway Employees’ and Highway Patrol Retirement System, the System accepted its first 109 retirements just one month later, on October 1, …

Ensuring the Stability of Your MPERS Benefits

At MPERS, we are dedicated to safeguarding your benefits. We understand that the current market volatility may cause concern, but rest assured, MPERS is committed to providing stable and secure retirement benefits. MPERS is managed with a long-term per …

Celebrating Public Service Appreciation Week

As we celebrate Public Service Appreciation Week from May 4-10, we want to extend our heartfelt thanks and appreciation to all our members for their unwavering dedication and service. Your commitment to public service is the backbone of our community, …

Pension Scams Are on the Rise— Here’s How to Stay Safe

Pension scams are becoming increasingly common, with fraudsters using sophisticated tactics to deceive retirees and steal their hard-earned savings. Below are some common scams and tips on how you can protect yourself and your retirement savings. Commo …

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