The Budget and Audit Committee of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 9 a.m. on June 10, 2019 at the Retirement System offices in Jefferson City, MO, with the regular session of the Board of Trustees meeting following at 10:15 a.m.
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 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 more than 72 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. Learn more about your system from this interactive infographic.
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.
As of December 31, 2018, more than 94,000 individuals received benefits from PSRS/PEERS. Total annual benefits paid were over $2.8 billion. Of this amount, more than $2.5 billion, or 89%, was distributed among Missouri's 114 counties, positively impacting the state's economy.
