Missouri state retirement program costs rise sharply before launch

9 articles · Updated · St. Louis Post-Dispatch · Apr 29

Missouri Treasurer Vivek Malek has defended the escalating costs of the new state-backed retirement savings program for employees of small businesses.
The program, intended to help small business employees save for retirement, faces scrutiny as expenses increase prior to its implementation.
Officials emphasize the program's long-term benefits despite concerns over its financial sustainability and the burden on state resources before it begins operation.

Given new federal tax credits, should small businesses just skip the state's troubled retirement plan?

Is Missouri's budget crisis a warning sign for other states launching similar retirement programs?

Does making a state retirement plan voluntary, unlike in other states, doom it from the start?

As Missouri's retirement plan stalls, are taxpayers funding a program that may never launch?

Will the escalating costs of Missouri's new savings plan translate into higher fees for workers?