Michael Moorefield Named PSRS/PEERS Chief Counsel
Michael Moorefield, of Columbia, MO, has been named chief counsel for the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) effective January 4, 2023.
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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 »Michael Moorefield, of Columbia, MO, has been named chief counsel for the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) effective January 4, 2023.
When life brings changes your way, it can also impact your PSRS/PEERS membership. Click below for more information.
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As of June 30, 2022, over 103,000 individuals received benefits from PSRS/PEERS. Total annual benefits paid were approximately $3.4 billion. Of this amount, approximately $3 billion, or 88%, was distributed among Missouri’s 114 counties, positively impacting the state’s economy.
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.