Eligible Benefit Recipients to Get 2% COLA Starting January 2025
On October 28, 2024, the PSRS/PEERS Board of Trustees approved a 2% cost-of-living adjustment (COLA) for eligible benefit recipients, effective January 1, 2025.
Member Tools
These tools and more are available in Web Member Services, the PSRS/PEERS online, self-service membership information portal. Click the links below if you already have a Web Member Services account or register to activate your account.
Tools for Active Members
- View Member Statements
- Estimate Service Retirement Benefits
- Calculate a Purchase Cost
- File for Service Retirement Online
Tools for Retirees and Beneficiaries
Retirement Education
We want to help you learn more about your benefits and retirement system. Our counselors are here to help you get all the information you need, and offer a variety of educational opportunities to best fit your busy life.
View PSRS Education Options » View PEERS Education Options »
Life Events
When life brings changes your way, it can also impact your PSRS/PEERS membership. Click below for more information.
A New Member
Welcome! Create a Web Member Services account to stay informed about your membership.
Newly Married
If you are recently married, it can impact your beneficiary designations.
A New Parent
Birth or adoption of a child requires you to update your beneficiary designations.
Recently Divorced
If you named your spouse as a beneficiary, divorce means you may need to update your beneficiary designations. Some divorced retirees may also have options for benefit increases, or "pop-ups."
Moving
Keep your contact information up-to-date so we can communicate with you about your membership and ensure benefits are paid according to your wishes.
Ready to Retire
Apply for service retirement online using Web Member Services, or using paper forms found on this website.
Leaving Your Job
You have options when temporarily or permanently leaving covered employment.
A Working Retiree
It is important to understand post-retirement work limits and how they may impact your benefit payments.
Benefits by County
As of June 30, 2024, approximately 110,000 individuals received benefits from PSRS/PEERS. Total annual benefits paid was over $3.8 billion. Of this amount, approximately $3.4 billion, or 88%, was distributed among Missouri's 114 counties, positively impacting the state's economy.
PSRS/PEERS Funding
PSRS/PEERS' funding comes from three sources, member contributions, employer contributions and investment earnings. Investment earnings are the primary source of funding for every dollar of PSRS/PEERS benefits paid.