Could you sketch in a few bullet point what you think is missing and how to fix the gaps?
In my experience a core problem is that adding rich specifications slows down rapid evolution of programs, since the proliferate transitively along the control flow graphs. We can see this most prominently with Java's checked exceptions, but most effect annotations (to give an example of simple specification annotations) suffer from the same cancerous growth. This is probably at least partly intrinsic, but it could be improved by better automation.