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.
Legislation affecting the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) and our members will go into effect August 28, 2017
The 99th Regular Session of the Missouri Legislature officially ended Friday, May 12 at 6 p.m. We are happy to report there was no legislation passed that had a negative impact on the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS).
The second 98th Regular Session of the Missouri Legislature officially ended as of Friday, May 13th at 6:00 p.m. We are happy to report there was no legislation passed that had a negative impact on the Public School and Education Employee Retirement Systems of Missouri.
The following bills have been introduced that impact the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) and our members.
Two bills have been introduced containing language to re-establish the 2.55% benefit formula factor for PSRS members. By law, this provision expired on July 1, 2014.
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