Showing posts with label survivor. Show all posts
Showing posts with label survivor. Show all posts

Married State Employees & Survivor Benefits

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If I pass away and I am vested with the state for 14 yrs, can my spouse get my state retirement; in addition, can she draw off her state retirement while drawing off my state retirement? In other words, can she draw off both retirements?
Yes – Let’s look at different scenarios.

Death Before Retirement:

As a married, vested member, if you die before you retire and while still employed, your eligible spouse will receive your MOSERS survivor benefits. When she retires, she can draw her own MOSERS pension and the two will have no impact on each other. See a recent posting, Death of Member Before Retirement, for more information. (The rules are not the same for Social Security benefits. Consult the SSA for more information on their rules about spouse benefits.)

Death After Retirement:

When each of you retire, you will choose a benefit payment option. Options include: Life Income Annuity, Joint & Survivor options, and Guaranteed Payment options.

If you elect the Life Income Annuity option, your retirement benefit will not be reduced for the purpose of providing a survivor benefit. Your final payment will be sent to your designated beneficiary. Then, there will be no ongoing monthly survivor benefits payable to anyone after your death.

Since you are married, you may elect the Joint & 50% Survivor or the Joint & 100% Survivor option. Each provides a lifetime benefit to you. If you die first, your spouse will receive a lifetime benefit for the remainder of her life. Your benefit will be reduced to provide this benefit*. Your spouse can receive your survivor benefit even if she is receiving her own MOSERS pension.

If you elect a Guaranteed Payment option, you may name anyone as your beneficiary (does not have to be your spouse but she would have to waive her spouse benefit). Your retirement benefit will be reduced and if you die before all of the guaranteed payments have been made, the remaining payments will go to the beneficiary you designated at retirement.

For more information, please review the Death of a Member section of our website. You can read more about benefit payment options in the Retirement Guide on our website in the Ready to Retire section. If you would like more information specific to your situation, please contact a MOSERS benefit counselor. They can answer questions over the phone, or you can set up an in-person appointment.

*There is no reduction for members who retire under the MSEP and elect the Joint and 50% survivor option. 

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Death of Member Before Retirement

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My age is 58 and i have worked for the state 20 years. My question is if i died before i retired well my spouse receive my pension? My normal retirement is 1/1/2020.
Yes, if you are an active general state employee, married, vested in MOSERS, and die before you retire with MOSERS, your eligible surviving spouse will receive survivor benefits. If you have no surviving spouse, we will pay survivor benefits to your natural or legally adopted child(ren) younger than age 21. If you die without any eligible beneficiaries, no survivor benefits will be paid. These benefits would be payable in the month following your death.

The monthly benefit for your spouse will be based on the benefit you have accrued as of your date of death. We will calculate it according to the Joint & 100% Survivor Option. We will pay monthly survivor benefits for the remainder of your spouse's lifetime. You can find information regarding the death of a member on our website. Survivors should contact a MOSERS benefit counselor for guidance through the process.

An exception to this: The “immediate” survivor benefit provision is not available for terminated-vested members of MSEP 2011  employed on or after January 1, 2018. This change was in SB62 during the 2017 legislative session. It is a cost offset for the reduction in the vesting requirement from 10 years to 5 years for members of MSEP 2011. Eligible survivors of such members will begin receiving benefits when the deceased member would have attained normal retirement age.

Members often have similar questions about death AFTER retirement. A key feature of your MOSERS defined benefit (DB) pension plan is that it can provide financial security for your eligible survivor(s) as well. During the retirement process, you will make elections to determine if any potential survivor benefits will be paid to anyone after your death or not – to a spouse if you are married, or, potentially, to another beneficiary.

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Survivor Benefit for Vested Employee

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Employee is vested and dies before retirement, will their spouse receive any retirement benefit.
Yes, if you are a general state employee, married, vested in MOSERS, and die before you retire with MOSERS, your eligible surviving spouse will receive survivor benefits. Survivor benefit payments can begin as early as the month following your death provided that MOSERS receives and processes the survivor application and all necessary documentation, such as a death certificate*. The monthly benefit for your spouse will be based on the benefit you have accrued as of your date of death and calculated according to the Joint & 100% Survivor Option. The survivor benefit will be paid monthly for the remainder of your spouse's lifetime. You can find information regarding the death of a member on our website. Survivors should contact a MOSERS benefit counselor for guidance through the process.

Otherwise, during the retirement process, you will make elections to determine if any potential survivor benefits will be paid to anyone after your death or not.

*Exception: The “immediate” survivor benefit provision is not available for terminated-vested members of MSEP 2011 who were first employed on or after January 1, 2018. This was a change made in SB62 during the 2017 legislative session as a cost offset for the reduction in the vesting requirement from 10 years to 5 years for members of MSEP 2011. Eligible survivors of such members will begin receiving benefits when the deceased member would have attained normal retirement age. 

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BackDROP & Survivor Benefit?

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If I have completed my five year backdrop period and continue working in my state position, would my spouse receive the backdrop lump sum payment if I died while still working?
For example, if I completed the five year backdrop period on 8-1-2018, continued working, planned on retiring on 6-1-2019, but died on 3-1-2019 - would my spouse receive the lump sum back drop as well as the monthly survivor pension benefit, or would she just receive the monthly survivor pension benefit?
If you pass away before your retirement date, any elections you made about retirement are null and void, including any elections about BackDROP. If  you were still working and had not yet reached your retirement date, you are considered an “active member” and we must pay your eligible survivor. Your spouse’s monthly survivor benefit would be based on the Joint & 100% benefit payment option and calculated using your final average pay and credited service as of your date of death. Your spouse would not receive the BackDROP lump-sum payment if you died prior to your retirement date. In calculating your spouse’s monthly benefit, we would count the time in what would have been your BackDROP period – your total years and months of creditable service. For more information regarding survivor benefits, please visit the Survivor section of our website. 
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MSEP 2011 Survivor Benefits

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I am a MSEP 2011 Employee and had a question regarding the new retirement benefit plan. I understand you can now become vested at 5 years instead of 10, but my question is, if my spouse and I are both deceased before the retirement age, who will receive my benefits? The previous handbook states if there is no eligible spouse, a total of 80% of your monthly base benefits will be paid to your natural or legally adopted children who are younger than age 21. Who will have children at the retirement age of 67 under the age of 21? A vast majority of employees will not have dependent children at retirement age, so where will the retirement benefits go then? Will there be a new MSEP2011 general employee handbook sent out soon? 
It is accurate that, if you are an active general state employee, married, vested in MOSERS, and die before you retire with MOSERS, your eligible surviving spouse will receive survivor benefits, and also that if there is no surviving spouse, a survivor benefit is payable to your natural or legally adopted child(ren) younger than age 21. If you die without any eligible beneficiaries, no survivor benefits are paid.

If you made employee contributions to MOSERS and die without any eligible survivors, a refund of your contributions plus interest will be made to the beneficiary(ies) you have listed on your Contribution Beneficiary(ies) form or as otherwise permitted by law.

All of the above information applies if you die while actively employed and BEFORE you begin receiving your MOSERS pension benefit. Members often have similar questions about death AFTER retirement. A key feature of your MOSERS defined benefit (DB) pension plan is that it can provide financial security for your eligible survivor(s) as well. During the retirement process, you will make elections to determine if any potential survivor benefits will be paid to anyone after your death or not – to a spouse if you are married, or, potentially, to another beneficiary. 

If you terminate employment, then die before retirement, other stipulations apply. Effective January 1, 2018 for MSEP 2011 terminated-vested members: If you die after leaving state employment but prior to normal retirement eligibility age, monthly pension benefits will be payable to your eligible survivor(s) when you would have reached normal retirement eligibility. Please see the updated MSEP 2011 Handbook on our website for more information.

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Survivor Benefits

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If I die before I retire does my wife automatically receive the benefit when she retires?
Yes, if you are a general state employee, married, vested in MOSERS, and die before you retire with MOSERS, your eligible surviving spouse will receive survivor benefits. Survivor benefit payments can begin as early as the month following your death provided that MOSERS receives and processes the survivor application and all necessary documentation, such as a death certificate*.

The monthly benefit for your spouse will be based on the benefit you have accrued as of your date of death and calculated according to the Joint & 100% Survivor Option. The survivor benefit will be paid monthly for the remainder of your spouse's lifetime.

If there is no eligible spouse, a survivor benefit may be paid to your natural or legally adopted child(ren) who are younger than age 21. This benefit is dependent on the law in effect at the time of your termination. If there is more than one eligible child, the benefit will be divided equally among them. The survivor benefit for each child will stop when the child becomes age 21 (unless a child is totally disabled and you terminated service with the state on or after 8/28/2001).

If you die without any eligible beneficiaries, no retirement benefits are paid.

Otherwise, during the retirement process, you will make elections to determine if any potential survivor benefits will be paid to anyone after your death or not.

*Exception: The “immediate” survivor benefit provision is not available for future terminated-vested members of MSEP 2011 who will be hired after January 1, 2018. This was a change made in SB62 during the 2017 legislative session as a cost offset for the reduction in the vesting requirement from 10 years to 5 years for members of MSEP 2011. Eligible survivors of such members will begin receiving benefits when the deceased member would have attained normal retirement age. 

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BackDROP Benefits & Death of Member

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Is it true that if a vested State Employee passes away before filing for retirement that the backdrop benefit is lost?
We try to make information about your benefits as clear as possible, but all plan provisions are established by law which sometimes makes it a little complicated. So, let’s break it down.

The key fact is not if a member passes away before they file/apply for retirement; it is if they pass away before their actual retirement date. Retirement date is defined by state law. Most people think of (and celebrate) their last day at work as their retirement date but, for us, that is their termination date (defined as their last day of work in a MOSERS benefit-eligible position).

The law defines “Retirement Date” as: The first day of the calendar month when a member begins to receive retirement benefits. The first payment is made the last working day of that month.

If a member passes away before their retirement date, any elections they made about retirement are null and void, including any elections about BackDROP. If they were still working and had not yet reached their retirement date (as defined above), they are considered an “active member” and we must pay their eligible survivor. Here is a similar question and answer on this topic:
http://mosersrc.blogspot.com/2016/12/backdrop-survivor-benefits.html.
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BackDROP & Survivor Benefits

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I am a retired state employee and my wife will be retiring from the state later this year. Someone told us that should she pass away before she retires her backdrop would be forfeited and I would not receive it? Is that true?
For purposes of clarity, let’s assume your wife’s retirement date is March 1 and benefit payments would be issued on March 31.

If your wife met all the requirements, applied for retirement and elected BackDROP but passed away before her retirement date/before March 1, as her eligible spouse, you would not receive the BackDROP lump-sum payment but you would receive a monthly survivor benefit for life. Your survivor benefit would be based on the Joint & 100% option and calculated using her final average pay and credited service as of her date of death.

Based on the same assumptions as above, if your wife passed away on or after her retirement date/March 1, but before payments were issued for the month, you would receive the BackDROP lump-sum payment and survivor benefits would be paid according to the benefit payment option she elected when she completed the MOSERS retirement process. The calculation for the monthly benefit would be based on her final average pay and credited service as if she retired on her BackDROP date/the beginning of her BackDROP period. By electing BackDROP, there is less creditable service and potentially a lower final average pay in the benefit calculation which, in almost all cases, reduces the monthly benefit for the member and subsequently, the surviving spouse.

For more information regarding survivor benefits, please review the “Survivor” section of our website: https://www.mosers.org/Members/Survivors.aspx.

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Death of a Member Before Retirement Date

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If a person is eligible to retire (80+ years), but continues working and sadly passes, then does the spouse get full benefits or merely what has been paid into the system?
We recently addressed this question on the blog, which you can view here. You can also use the Categories menu option above to search for previously answered questions on survivor benefits and many other topics. Print Friendly and PDF

Death Before Retirement & Survivor Benefits

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I am a former state employee, who was vested when I left state employment. If I die before I begin receiving my pension benefit, will my spouse be eligible to receive it? Or will MOSERS get to keep my pension? If my spouse is eligible to receive my pension benefit, how does that happen, when will my spouse be eligible to get it (age 62? 65? Immediately upon my death?), and for how many years (10, 20, lifetime?)? Thank you. 
Thank you for your questions. Let’s address each one individually:

  1. If you die BEFORE you begin receiving your MOSERS pension benefit, will your spouse be eligible to receive it?  Yes, if you are a general state employee, married, vested in MOSERS, and die before you retire with MOSERS, your eligible surviving spouse will receive survivor benefits. The monthly benefit for your spouse will be based on the benefit you have accrued as of your date of death and calculated according to the Joint & 100% Survivor Option. If there is no eligible spouse, a survivor benefit may be paid to your natural or legally adopted child(ren) who are younger than age 21. This benefit is dependent on the law in effect at the time of your termination. If there is more than one eligible child, the benefit will be divided equally among them. The survivor benefit for each child will stop when the child becomes age 21 (unless a child is totally disabled and you terminated service with the state on or after 8/28/2001). If you die without any eligible beneficiaries, no retirement benefits are paid.
  2. HOW would your spouse begin receiving benefits from MOSERS? Your eligible surviving spouse can find information on our website and should contact a MOSERS benefit counselor for guidance through the process. We will provide your spouse with a customized Application for Survivor Benefits which he or she must complete and return along with any other necessary documentation. Information about your MOSERS benefits is contained in your Benefit Statement which all active, terminated-vested, and retired members can find by logging in to their MOSERS Member Homepage
  3. WHEN will your spouse begin receiving benefits from MOSERS? Benefit payments can begin the month following your date of death as long as the application and any necessary documents (such as a death certificate) have been submitted, and all legal requirements have been met. 
  4. HOW LONG will your spouse receive MOSERS pension benefits? The survivor benefit will be paid monthly for the remainder of your spouse's lifetime. 
All of the above information applies if you die BEFORE you begin receiving your MOSERS pension benefit. Members often have similar questions about death AFTER retirement. A key feature of your MOSERS defined benefit (DB) pension plan is that it can provide financial security for your eligible survivor(s) as well. During the retirement process, you will make elections to determine if any potential survivor benefits will be paid to anyone after your death or not. We hope you find this information helpful.

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Deferred Comp Early Withdrawal Penalty for Beneficiary?

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I am retired and I am 60. My wife is 56 yrs old, not a state employee, and is the beneficiary of my deferred compensation account. If I were to die, would she be subject to the 10% federal penalty for withdrawing money before 59 1/2 from my deferred comp fund?
No, as your widow, she would have penalty-free access to your pre-tax savings in the 457 plan prior to her attaining the age of 59½.

As a participant in MO Deferred Comp, you have penalty-free access to your pre-tax savings in the 457 plan prior to age 59½ as long as you are separated from state service. This great benefit carries over to your beneficiary as well. Keep in mind, a 10% penalty will apply to distributions from any employer contributions and earnings in a 401(a) account or rollover dollars (such as BackDROP) from other qualified accounts withdrawn prior to age 59½ by you or your surviving beneficiary(ies).

You may also be interested to know, that you can keep your money in the deferred comp plan throughout your retirement. Furthermore, you are not required to start withdrawing your savings until you reach age 70½. If you pass away before this time, or even after you begin taking Required Minimum Distributions (RMDs), your beneficiary has several options for when they are required to meet the annual withdraw amount. Visit the IRS’ website for more detailed information on RMDs. Beneficiaries of a deceased MO Deferred Comp participant must complete the Beneficiary Account Setup and Withdrawal Packet to create an  account and initiate withdrawals from the plan. When you or your beneficiary are ready to start taking distributions, the deferred comp plan offers several automatic and manual payment options to help you easily access your retirement savings. The Distributions Options Guide goes over these payment options in more detail.

Remember, it’s crucial that you annually review and update your beneficiary information with MO Deferred Comp, as well as with MOSERS. Keep in mind, you can designate contingent beneficiaries for circumstances when a primary beneficiary precedes you in death. To review your deferred comp beneficiary information, log on to Account Access and navigate to the Personal Information page under the Manage My Account tab.

For more information, visit www.modeferredcomp.org or contact a participant services representative at (800) 392-0925.

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Survivor Benefit

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If an employee dies before retirement or after retirement what happens to their retirement funds? Does it go their children? Minor children? or does the employee lose this benefit if not married? 
For general state employees who are vested, the following applies:

Death BEFORE Retirement
If there is no eligible spouse, a survivor benefit may be paid to your natural or legally adopted child(ren) younger than age 21. This benefit is dependent on the law in effect at the time of your termination. If there is more than one eligible child, the benefit will be divided equally among them. The survivor benefit for each child will stop when the child becomes age 21 (unless a child is totally disabled and you terminated service with the state on or after 8/28/2001). Benefits can begin the month following the member’s death if all necessary documentation is provided.

If you die without any eligible beneficiaries, no retirement benefits are paid.

Death AFTER Retirement
At retirement you will elect a benefit payment option that determines whether or not a benefit will be paid to anyone after your death, e.g. life income annuity, life income with 120 guaranteed payments, life income with 180 guaranteed payments.

In General
No benefits will be paid for a deceased general state employee who is not vested (unless the employee’s death is determined to be duty-related). However, a designated beneficiary of an MSEP 2011 member may request a refund of contributions paid by that member plus any interest.

If you aren’t sure which plan you belong to or the vesting requirement, check the Which Plan Am I In? section of MOSERS’ website.

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Death Before Retirement

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What happens to money that is in an individuals retirement account if he/she passes away before retiring?
Members do not have individual retirement “accounts” with MOSERS; they earn benefits payable to them or their eligible beneficiary(ies).

If you are a general state employee, married, vested* in MOSERS, and die before retirement, your eligible surviving spouse will receive survivor benefits. The monthly benefit for your spouse will be based on the benefit you have accrued as of your date of death and calculated according to the Joint & 100% Survivor Option. The survivor benefit will be paid monthly for the remainder of your spouse's lifetime. Benefit payments can begin the first of the month following your date of death,  but your spouse must submit an Application for Survivor Benefits and any necessary documentation.

If there is no eligible spouse, a survivor benefit may be paid to your natural or legally adopted child(ren) who are younger than age 21. This benefit is dependent on the law in effect at the time of your termination. If there is more than one eligible child, the benefit will be divided equally among them. The survivor benefit for each child will stop when the child becomes age 21 (unless a child is totally disabled and you terminated service with the state on or after 8/28/2001).

If  you die without any eligible survivors, no retirement benefits will be paid on your behalf. The state’s annual contribution is pooled with investment returns (and employee contributions from MSEP 2011 members) to fund the retirement system. If you made employee contributions to MOSERS and die without any eligible survivors, a refund of your contributions will be made to the beneficiaries you have listed on your Contribution Beneficiary(ies) form or otherwise according to law.

On a related issue, we encourage you to make sure your life insurance beneficiaries are current (if you have life insurance with MOSERS) so proceeds will be paid according to your wishes.

If your circumstances are different than those described above, you may contact a MOSERS benefit counselor who can help you understand how the law would apply in your specific situation.

*If you aren’t sure which plan you belong to or the vesting requirement, check the Which Plan Am I In? section of MOSERS’ website.

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Information About Survivor Benefits

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Where can I find information regarding; If a employee dies before retirement, does the employees spouse receive any retirement benefit from their deceased spouse?
We’ve answered a number of Rumor Central questions regarding death before retirement, which you can review at any time. More information is available on the Survivors page on our website.

If you are married, vested* in MOSERS, and die before retirement, your surviving spouse would be eligible for a survivor benefit.

The monthly benefit for your spouse will be based on the benefit you have accrued as of your date of death and calculated according to the Joint & 100% Survivor Option. The survivor benefit will be paid monthly for the remainder of your spouse's lifetime.

Benefit payments can begin the first of the month following your date of death,  but your spouse must submit an Application for Survivor Benefits and any necessary documentation. There is nothing you need to do for your retirement benefit, but we do encourage you to make sure your life insurance beneficiaries are current (if you have life insurance with MOSERS).

*If you aren’t sure which plan you belong to or the vesting requirement, check the Which Plan Am I In? section of MOSERS’ website.

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Survivor Benefits Before Retirement

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My question is I have 15 years service in doc if I was to die tomorrow what form do I have to have completed that gives my spouse lifetime retirement benefits of the years of service I have ?
There is no form that you need to fill out at this time. If you are married, vested* in MOSERS, and die before retirement, your surviving spouse would be eligible for a survivor benefit.>
The monthly benefit for your spouse will be based on the benefit you have accrued as of your date of death and calculated according to the Joint & 100% Survivor Option. The survivor benefit will be paid monthly for the remainder of your spouse's lifetime.

Benefit payments can begin the first of the month following your date of death,  but your spouse must submit an Application for Survivor Benefits and any necessary documentation. More information is available on the Survivors page on our website. There is nothing you need to do for your retirement benefit, but we do encourage you to make sure your life insurance beneficiaries are current (if you have life insurance with MOSERS).

*If you aren’t sure which plan you belong to or the vesting requirement, check the Which Plan Am I In? section of MOSERS’ website.

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Legally Married Same-Sex Spouses Are Eligible for Lifetime Survivor Benefits

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How does the recent ruling in Jackson ordering the state to recognize same sex marriages legally performed in other states and the Missouri Attorney General's decision not to challenge that decision affect MOSERS?
 In response to the Jackson County Circuit Court ruling and the Attorney General’s decision not to challenge the decision, the Board of Trustees of the Missouri State Employees’ Retirement System (MOSERS) took action on October 27, 2014 to change its policy and will no longer enforce section 104.012 of the Revised Statutes of Missouri (RSMo) which states, “For the purposes of public retirement systems administered pursuant to this chapter, any reference to the term “spouse” only recognizes marriage between a man and a woman”. This means that MOSERS retirees may elect a lifetime survivor benefit at retirement for their same-sex spouse to whom they were legally married in another state. Same-sex spouses of members who die prior to retirement may also be eligible for survivor benefits. The same laws and requirements that apply to legally married opposite-sex spouses will apply to legally married same-sex spouses.

The decision by the MOSERS Board will be implemented after the time for appealing the Jackson County Court decision has expired (November 13, 2014).

MOSERS members who believe they may be affected should contact a MOSERS benefit counselor to discuss the details of their individual situation at (800) 827-1063, (573) 632-6100 or mosers@mosers.org.

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MOSERS & Marriage

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I am fortunate to be single and I wonder what happens to my pension if I do get married after retirement. If I marry before retirement, will my spouse have a bigger pension if I die or does it make any difference at all? Many future retirees would like to know this answer.
The benefit payment options available to you at retirement depend on which plan you belong to and if you are married or single at retirement. If you aren’t sure which plan you belong to, check the Which Plan Am I In? section of MOSERS’ website. If married at retirement, you will have five benefit payment options to choose from; if single, you will have three (except for members of the Judicial Plan prior to 1/1/2011*). The joint & survivor options are available only if married.  See page 13 of the Retirement Guide or the Benefit Payment Options Summary on p. 17 of the PreRetirement Planning Reference Book for more information about benefit payment options. Regardless of the option you elect, you will receive a benefit payment each month for as long as you live.**

In general, once the first retirement benefit payment has been issued by MOSERS, you can’t change the benefit payment option you elected at retirement. One exception is if you are single at retirement and choose the life income annuity payment option but later marry. If this happens, you may change your payment option to one of the joint and survivor options if you make this election within one year from marriage. The new spouse must be designated as your beneficiary by submitting a Designation of New Spouse as Beneficiary for Retirement Benefits form to MOSERS.

If you marry and die before retirement, your surviving spouse would be eligible for a survivor benefit. The monthly benefit for your spouse will be based on the benefit you have accrued as of your date of death and calculated according to the Joint & 100% Survivor Option. The survivor benefit will be payable for the remainder of your spouse’s life. If there is no survivor spouse, 80% of your monthly base benefit will be paid to your natural or legally adopted child(ren) who are younger than age 21. If there are no dependent children, no survivor benefit will be paid.

If you marry and die after retirement, your surviving spouse would be eligible for a survivor benefit based on the election you made upon retirement, e.g., 50% Joint &Survivor or 100% Joint & Survivor.   

*Different provisions apply to judges who were members of the Judicial Plan prior to January 1, 2011.  Please see your Judge’s Retirement Handbook for more information.
**Unless you return to work in a MOSERS benefit-eligible position or forfeit your pension benefits due to felony conduct in connection with your duties as a state employee. 

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Unmmaried Members Dying Before Retirement

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If I pass away before my retirement date, am unmarried, and my child is over 21 where does my hard earned retirement benefits go?
Your retirement plan is designed to provide financial security to you in retirement or to those who are financially dependent upon you.  If a member dies without any eligible dependents, no retirement benefits are paid.  You do not have a separate account, rather the state’s annual contribution toward your benefit is pooled with investment returns and employee contributions (MSEP 2011 members) to fund the retirement plan.

Most* MOSERS members are also eligible for basic life insurance equal to one times their annual salary and any optional life insurance that they may have elected. Your life insurance coverage amounts are payable to your named beneficiary(ies) if you die while insured, whether those beneficiaries are financially dependent upon you or not.

We addressed the potential survivor benefits in the case of a member’s death before retirement in more detail in another recent Rumor Central question. As a reminder, you can click on Categories on our Rumor Central blog and see if we have answered your question or a similar one in the past.  

* MOSERS’ life insurance benefits are not available to employees of the Department of Conservation or state colleges and universities (except State Technical College of Missouri and Lincoln University).Those organizations administer their own life insurance benefits. 

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COLAs for beneficiaries

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Do those who are receiving benefits on a beneficiary account receive annual COLAs on their benefits?
Yes. MOSERS provides an annual COLA to retired members, surviving spouses, beneficiaries, and surviving children younger than age 21. See the COLA page on our website for more information.

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Remarriage and Survivor Benefits

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When a member dies and their wife gets her pension, and she remarries. Will she lose her pension she gets from her first husband.
No, the member’s spouse will not lose the survivor benefit. Survivor pension benefits are available for members who elected a joint & survivor benefit payment option at retirement. The benefit will be payable for the remainder of the surviving spouse’s lifetime, regardless of remarriage. (Different provisions apply if the member dies prior to retirement – see your member handbook.)
For more information about survivor benefits, please see the Survivors section of the MOSERS website.

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