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.
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.