The MPERS administers pension and other benefits for employees of the state's department of transportation and highway patrol.
MoDOT & Patrol Employees' Retirement System Basics, by Plan
Source: Public Plans Database (as of 2023)
Note: MoDOT & Patrol Employees' Retirement System has 0 other plans.
Assets
Assets at Year-End
MoDOT & Patrol Employees' Retirement System
2001-2023
Fiscal Year |
Net Assets (billions) |
2001 |
1.4 |
2002 |
1.3 |
2003 |
1.2 |
2004 |
1.4 |
2005 |
1.4 |
2006 |
1.6 |
2007 |
1.8 |
2008 |
1.7 |
2009 |
1.2 |
2010 |
1.3 |
2011 |
1.6 |
2012 |
1.5 |
2013 |
1.7 |
2014 |
2.0 |
2015 |
2.0 |
2016 |
2.0 |
2017 |
2.2 |
2018 |
2.3 |
2019 |
2.4 |
2020 |
2.4 |
2021 |
3.0 |
2022 |
3.1 |
2023 |
3.3 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
Fiscal Year |
MoDOT & Patrol Employees' Retirement System |
US State and Local Pensions |
2001 |
1.5 |
2.4 |
2002 |
1.4 |
2.3 |
2003 |
1.4 |
2.2 |
2004 |
1.3 |
2.1 |
2005 |
1.3 |
2.1 |
2006 |
1.3 |
2.0 |
2007 |
1.2 |
2.0 |
2008 |
1.2 |
1.9 |
2009 |
1.2 |
1.9 |
2010 |
1.1 |
1.8 |
2011 |
1.1 |
1.7 |
2012 |
0.9 |
1.6 |
2013 |
0.9 |
1.5 |
2014 |
0.9 |
1.4 |
2015 |
0.9 |
1.4 |
2016 |
0.9 |
1.4 |
2017 |
0.8 |
1.4 |
2018 |
0.8 |
1.3 |
2019 |
0.8 |
1.3 |
2020 |
0.8 |
1.3 |
2021 |
0.8 |
1.2 |
2022 |
0.7 |
1.2 |
2023 |
0.7 |
1.2 |
2023 Membership for MoDOT & Patrol Employees' Retirement System
Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
6,621 |
9,604 |
2,239 |
18,464 |
3 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
MoDOT & Patrol Employees' Retirement System
2001-2023
Fiscal Year |
Cash Flow |
Assets |
2001 |
-31.5 |
1,413.2 |
2002 |
-56.8 |
1,268.2 |
2003 |
-66.4 |
1,241.6 |
2004 |
-69.1 |
1,353.4 |
2005 |
-57.1 |
1,441.1 |
2006 |
-55.4 |
1,597.9 |
2007 |
-56.3 |
1,825.2 |
2008 |
-63.6 |
1,718.7 |
2009 |
-71.3 |
1,221.1 |
2010 |
-74.8 |
1,312.7 |
2011 |
-36.7 |
1,555.7 |
2012 |
-56.4 |
1,541.4 |
2013 |
-53.8 |
1,685.7 |
2014 |
-47.7 |
1,957.5 |
2015 |
-40.7 |
2,009.4 |
2016 |
-38.7 |
1,992.1 |
2017 |
-42.6 |
2,169.8 |
2018 |
-51.9 |
2,314.5 |
2019 |
-45.6 |
2,423.3 |
2020 |
-51.0 |
2,361.6 |
2021 |
-57.3 |
3,003.9 |
2022 |
-59.5 |
3,067.2 |
2023 |
-50.3 |
3,281.6 |
2023 Cash Flows for MoDOT & Patrol Employees' Retirement System (millions)
Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
244.3 |
294.6 |
264.8 |
214.4 |
Cash Flow as a Percentage of Assets
MoDOT & Patrol Employees' Retirement System
2001-2023
Fiscal Year |
MoDOT & Patrol Employees' Retirement System |
National Average |
2001 |
-2.2 |
-2.1 |
2002 |
-4.5 |
-2.0 |
2003 |
-5.3 |
-2.5 |
2004 |
-5.1 |
-2.0 |
2005 |
-4.0 |
-2.2 |
2006 |
-3.5 |
-2.2 |
2007 |
-3.1 |
-2.1 |
2008 |
-3.7 |
-2.3 |
2009 |
-5.8 |
-3.1 |
2010 |
-5.7 |
-3.2 |
2011 |
-2.4 |
-3.1 |
2012 |
-3.7 |
-3.3 |
2013 |
-3.2 |
-3.1 |
2014 |
-2.4 |
-2.9 |
2015 |
-2.0 |
-2.8 |
2016 |
-1.9 |
-3.0 |
2017 |
-2.0 |
-2.9 |
2018 |
-2.2 |
-2.6 |
2019 |
-1.9 |
-2.6 |
2020 |
-2.2 |
-2.4 |
2021 |
-1.9 |
-2.1 |
2022 |
-1.9 |
-2.1 |
2023 |
-1.5 |
-2.1 |