Volume 45 | July 2024
The Pensioner: In the Moment
Welcome to the digital MPERS newsletter! The Pensioner: In the Moment contains news, updates, and important information for retirees of the Missouri Department of Transportation, the Missouri State Highway Patrol, and MPERS.
No Oops About It, We Did It Again!
MPERS Receives Award for 19th Consecutive Year
(Chicago, Illinois)—Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to Missouri Department of Transportation & Highway Patrol Employees' Retirement System for its annual comprehensive financial report for the fiscal year ended June 30, 2023. The report has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the report.

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.
Check out the award-winning report below!
MPERS FYI Receives Award for Outstanding Achievement
(Chicago, Illinois)—Government Finance Officers Association is pleased to announce that Missouri Dept. of Transportation & Highway Patrol Employees' Retirement System has received GFOA’s Award for Outstanding Achievement in Popular Annual Financial Reporting (PAFR Award) for its Popular Annual Financial Report for the fiscal year ended June 30, 2023.
 
The Award represents a significant achievement by the entity. In order to be eligible for the PAFR Award, a government must also submit its annual comprehensive financial report to GFOA’s Certificate of Achievement for Excellence in Financial Reporting Program and receive the Certificate for the current fiscal year. Each eligible report is reviewed by judges who evaluate the report based on the following categories: reader appeal, understandability, distribution methods, creativity and other elements.
Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.
Read the award-winning MPERS FYI below!
Making Sweet Gains: Investment Portfolio Continues To Exceed Expectations
The MPERS investment portfolio is at an all-time high, crossing $3.6 billion for the first time in System history. The Fiscal Year 2024 return is on track to surpass return expectations. The August newsletter will provide a more complete investment update with fiscal-year-end information.
If you would like more information, you can visit the investment section of our website, which includes quarterly investment updates provided by MPERS’ Chief Investment Officer, Larry Krummen.
CIO Report from June 20, 2024
Employee Appreciation Week at MPERS
June 10-14 marked employee appreciation week at MPERS. Monday, the festivities commenced with breakfast provided by the executive staff and continued throughout the week with quick rounds of trivia, refreshing ice cream, and concluded on Friday with a picnic at Binder Park.
July Events
  • 4 - Independence Day, office closed
  • 15 - Deadline to submit direct deposit and/or tax withholding changes Complete changes here
  • 31 - Payday for benefit recipients
We value your feedback!
What would you like to see in The Pensioner: In the Moment?
Send comments and suggestions to Julie.West@mpers.org.