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PensionWatch

Missouri State Employees Retirement System

public plan · State of Missouri · Kansas City, MO

ACTIVE
B
Pension Health Score
79/100
Funding Status71% Funded
0%80% threshold100%
$9.0B
Total Assets
$12.6B
Total Liabilities
$3.6B
Unfunded Liability
122,321
Participants

Funding History

What This Means for You

Missouri State Employees Retirement System is in good financial health at 71% funded. This means for every dollar the plan owes in future benefits, it has 71 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$9.0B$12.6B71.4%$697.5M
2024$8.7B$12.9B67.6%$645.4M
2023$8.2B$10.9B75.3%$511.7M
2022$7.8B$11.0B71.3%$554.1M
2021$7.9B$13.5B58.7%$648.7M