After 43 years in the pension industry and 22 years serving as the executive director of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS), M. Steve Yoakum announced today he plans to retire, effective December 1, 2020.
Due to continuing concerns about COVID-19, the PSRS/PEERS office building is currently closed to visitors. We are operational and available to serve our members electronically or via phone. Benefit payments will be made on time, the last working day of the month.
Web Member Services
Securely access your membership information from any device with internet access. Visit Web Member Services today and try out the new Benefit Estimator to see what your estimated retirement date and benefit could be!
We have a variety of webinars available. Webinars are a great way to learn about the benefits you are entitled to as a member of PSRS or PEERS. Best of all, webinars allow you to obtain the information you need from the comfort of your own home.View All PSRS Events View All PEERS Events
Web Member Services
Securely access your membership information from any device with internet access. Visit Web Member Services today and start tracking your progress towards a secure retirement.
It's never too early to begin planning for retirement. How much do you know about your retirement plan and the benefits you are entitled to receive? Even though retirement may still be years away, there are things you can do right now to make sure you get the most from your PSRS membership.
Working After Retirement
Working at a PSRS/PEERS-covered employer after retirement can affect the payment of your retirement benefits. Make sure you understand the limits as they apply to your position.
For the last 73 years, the Public School and Education Employee Retirement Systems of Missouri have worked in partnership with Missouri public schools to provide retirement benefits to our members.
The Missouri Model
The "Missouri Model" is used in the retirement industry to describe our trust fund's operational model as the one others aspire to emulate. PSRS, as measured against all other large public retirement systems, is clearly one of, if not the top retirement system in the nation.
Benefits by County
As of June 30 2020, over 97,000 individuals received benefits from PSRS/PEERS. Total annual benefits paid were more than $3 billion. Of this amount, more than $2.7 billion, or 89%, was distributed among Missouri's 114 counties, positively impacting the state's economy.