Missouri Public Pension Exemption

I have heard a rumor that the exemption from state income taxes for the state pension and deferred comp is going away. Please comment.

We are not aware of any changes to the Missouri Public Pension Exemption. We included a reminder about the exemption in the Fall/Winter issue of RetireeNews that is now online and on its way to mailboxes soon. For specific questions, we would suggest you contact the Missouri Department of Revenue or your tax professional.