Pension Crisis

MO Taxpayers To Pay $55 Million Extra for State Pensions Next Year

No, it doesn't get cheaper from there


Missouri taxpayers will foot $55 million more next year for state worker pensions.

The governing board of the Missouri State Employment Retirement System, known as MOSERS, has approved a 20 percent increase for the pension program, which funds the retirement benefits for more than 51,000 state workers and 37,000 retirees.