MO Deferred Comp is a vendor selling investment products to state employees. This is absolutely untrue. The MO Deferred Comp Plan was established by law over 40 years ago under section 105.910 of the Missouri revised statutes as a retirement savings benefit. The objective of deferred comp is to provide a low-cost savings plan to help hardworking Missourians invest their money and achieve their financial goals in retirement. The plan does not sell products nor does the staff earn a commission on the investment options you choose. I also want to mention that we, the deferred comp staff, are also state employees just like you. The plan solely exist to help you save money for your future retirement.
