MO: Taxpayers Will Shell Out $55 Million More for State Pensions in 2013

ST. LOUIS — 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.

The increase, which takes effect in July, means state residents will pay most of the $330 million for those pensions next year. Read more on

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