BackDROP Lump-Sum Payment
I keep being told that if a person work at least 2 years backdrop pass their normal retirement, they will receive their monthly lifetime ben...
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Showing posts with label lump sum payment. Show all posts
Showing posts with label lump sum payment. Show all posts
BackDROP & Survivor Benefit?
If I have completed my five year backdrop period and continue working in my state position, would my spouse receive the backdrop lump sum pa...
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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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Social Security
If a past employee opts to withdraw MOSERS funds all at once upon early retirement age, will that effect their monthly social security amoun...
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Lump-Sum Payment Options
If I resign before my retirement date and am vested is there an option to take a lump sum payment? To either rollover into a personal IRA or...
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BackDROP Overview
What is BackDROP? BackDROP , or the Deferred Retirement Option Provision, gives you the option of receiving a lump-sum payment, in addition ...
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5-Year BackDROP
A co-worker said they had read that if you stay past your 5 year backdrop period that your backdrop is negatively affected. Is this true? Th...
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Buyout Program
So why is MOSERS trying to buy former employee's retirements from them? I know it to be true, one such employee I worked with now works ...
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System Funding
We have received some questions about MOSERS' funding related to the Buyout Program: I just read an article in the St Joseph News Press...
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Buyout Program
Concerned about the retirement buyout coming up. I don't understand how its figured out, will they take in consideration how many years ...
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Lump-Sum Payout?
I have heard rumors of letters going out in September offering current retires a lump sum pay out on their retirement. Is this true? No. Mem...
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Update on SB 62
Can you give me an update on the possible lump sum payment to former state employees? I believe the state legislature passed the bill and no...
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