Missouri State Employees Retirement System Board of Trustees

PO Box 209
Jefferson City, MO 65102-0209

Phone: (573)-632-6100
Fax: (573)-632-6101

Email: mosers@mosers.org
Website: http://www.mosers.org/

Director: Ronda Stegmann - Executive Director

Details on Board or Commission

Authority: RSMo 104.450

Mission: MOSERS exists to advance the financial security of its members and endeavors to: exceed customer expectations, educate stakeholders, ensure sound investment practices, and encourage responsible funding of the plans, all through a commitment to excellence always.

Function: The Missouri State Public Employees' Retirement System Board of Trustees is responsible for the general administration and proper operation of the system, which administers retirement, life insurance, and long-term disability benefits for most state employees. Subject to the limitations of the law, the board shall formulate and adopt rules and regulations for the governance of its own proceedings and for the administration of the system. The board shall have exclusive jurisdiction and control over the funds and property of the system and may employ and fix the compensation of necessary employees. The board is also responsible for the administration and oversight of the State of Missouri Deferred Compensation Program effective August 28, 2007, and the College and University Retirement Plan (CURP).

SubCommittees:

Details on Meetings

Number of meetings: 6 meetings

Location of meetings: Jefferson City

Duration of meetings: 6 hours

Preparation time for meetings: 2 hours

Total time commitment: 48 hours per year

Details on Members

Total members: 11

Appointed members: 2

Term length: pleasure of Governor

Compensation: Members receive reimbursement for realized and necessary expenses.

Member Requirements: 1 member must be the state treasurer; 1 must be the commissioner of administration; 2 must be members of the Senate; 2 must be members of the House of Representatives; 2 must be appointed by the governor; and 3 must be members of the system (2 active and 1 retired) elected by the members of the system

Political Requirements: no

Geographic Requirements: no

Senate Consent Required: No