Gov. Greitens will not receive taxpayer funded pension - KCTV5 News

Gov. Greitens will not receive taxpayer funded pension

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Elected officials must serve four years to receive that pension. (File photo) Elected officials must serve four years to receive that pension. (File photo)
ST. LOUIS (KMOV) -

Missouri Governor Eric Greitens announced Tuesday that he would resign effective Friday, June 1 at 5 p.m. Because of Greitens’ early end to his term, he is not eligible to receive a taxpayer-funded pension.

Elected officials must serve four years to receive that pension. Gov. Greitens was required to contribute 4-percent of his pay to a pension plan. He was participating in the MSEP 2011 plan which requires all employees to contribute 4-percent.

Because he won’t receive a pension he can request a refund for the portion he’s already paid into the plan.

The governor’s last paycheck was issued May 15. He has earned $50,182 so far in 2018. The position as Missouri Governor usually pays a salary of $125,000 a year. It is not yet known when he’ll receive his last paycheck.

Mike Parson will be a getting a pay rise as he was paid around $80,000 a year as Lt. Governor.

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