Final Average Pay Calculation
I'd always thought retirement benefits were based on the highest pay of our state employment career. I was told by a coworker who recent...
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Showing posts with label Rule of 80. Show all posts
Showing posts with label Rule of 80. Show all posts
Rule of 80 & Age 55
One of my coworkers informed me that state employees who are retirement eligible per the rule of 80 will be penalized if they are under the ...
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MSEP 2000 Retirement Eligibility
i started working for the state at the age of 51 I started in dec 2010 I want to retire at the age of 62 but I won't have 80 and out, wi...
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BackDROP Decisions
I was eligible for retirement on 06/01/2017 on the 80 and out. I am just getting one year of backdrop in. Do I need to submit any paperwork ...
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Sick Leave & BackDROP Period
Questions regarding sick leave. I have around 22 months of employment remaining before I reach the 80 and out. I have around 1900 hours of s...
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70 & Out Rumor
I was hearing that there may be a 70 & out for one to retire from Corrections? Is this true or another rumor.... No, this is not true. ...
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Final Average Pay & Rule of 80
Note: we receive this question a lot, so we thought it would be helpful to repost it as a reminder. Is our retirement benefit based on the 3...
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Rule of 80 & Retirement Eligibility
What happens if I leave state employment prior to my eligible retirement date under the Rule of 80? How is my monthly retirement benefit cal...
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MSEP 2011 Retirement Eligibility
I know that the 10 years vested has been reversed back to 5 years, however I'm inquiring where the process is with going back to 80 ...
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Losing BackDROP?
I've hear a rumor that MOSERS employees are telling people that we need to retire soon because we will probably be losing our backdrop m...
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Change to Rule of 90?
I have heard from several people including some in a supervisor position that with the change from 10 year vesting to a 5 year vesting perio...
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Converting Life Insurance at Retirement
Upon retirement, are you allowed to convert the state maintained life insurance and/or optional life? Yes, as long as you had basic life ins...
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Changes to Rule of 90?
I WOULD LIKE TO KNOW IF THE "90 & OUT RULE" STILL APPLIES OR DID THE CHANGES GO BACK TO "80 & OUT"? There are n...
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SB 62 & Changes to MSEP 2011
I was wondering if we are going to be switching back to 80 and out as well as back drop? I started about 3 years ago and do not have these b...
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