Is there any discussion about allowing current employees to use sick leave hrs as time worked in order to retire earlier, rather than counting them at retirement for yrs of service? If so what type of time frame for implementation is being looked at.No, not that we are aware of. Currently, you will get one month of credited service for each 168 hours of unused sick leave you have at retirement. While this will increase the amount of your benefit, unused sick leave cannot count toward eligibility for retirement. That is, the months of unused sick leave will not make you eligible for retirement sooner, but will increase the amount of your payment.
Any change to this, or any other state employee pension provision, requires passage of legislation by the Missouri General Assembly and approval by the Governor. Pre-filing of bills begins on December 1, 2017 and the 2018 legislative session begins on January 3, 2018. We do not know what might happen with individual bills during the legislative session but we will monitor all legislation impacting MOSERS and inform our members of any changes that become law.
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