While the Missouri legislature is in session (January - May), the PSRS/PEERS Board of Trustees and staff closely monitor any proposed legislation regarding retirement and education. We work with Missouri education associations and other Missouri retirement systems to ensure the best interests of our members are served.
On July 1, 2022, Governor Mike Parson signed legislation that waives the working after retirement limits on part-time or temporary-substitute work performed by PSRS/PEERS retirees as substitute teachers for covered employers or third-party providers between July 1, 2022 and June 30, 2025.
On May 12, 2022 the Missouri legislature passed Senate Bill 681, which includes a provision that waives the working after retirement limits on part-time or temporary-substitute work performed by PSRS/PEERS retirees as substitute teachers for covered employers or third-party providers.
Moorefield replaces Maria Walden, who left PSRS/PEERS in January to take the position of Missouri Retired Teachers Association (MRTA) Executive Director.
The 2021 Missouri Legislative Session ended on Friday, May 14 with no bills passing that directly impacted PSRS/PEERS. Legislation had been introduced that would have made changes to some working after retirement limits and Critical Shortage Employment, as well as a provision that would have allowed PSRS members with 32 or more years of service to retire with a higher benefit factor.
Since the General Assembly began the 2021 Legislative Session on January 6, 2021, more than 1,800 bills have been introduced. PSRS/PEERS is closely monitoring over 200 bills. The 2021 Legislative Session ends on May 14, 2021.
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