MPERS’ Fiscal Year 2020 Funded Status Update
(Jefferson City, Missouri) September 28, 2020—GRS Consulting announced last week that the MoDOT and Patrol Employees’ Retirement System’s (MPERS) funded status for Fiscal Year 2020 is 60.6%, an increase of almost 1% from Fiscal Year 2019. The funded status of a public pension plan is an indicator of overall system health. Due to the Board’s aggressive funding policies, MPERS’ funded status has increased steadily from 42.2% in 2010.