PSRS/PEERS Legislative News Archive
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.
The General Assembly wrapped up the coronavirus-shortened 2020 legislative session on May 15. It was a busy session for PSRS/PEERS, as the Systems tracked over 290 bills, almost double the usual number, with 2,247 total bills introduced and 51 bills passed by both chambers and awaiting action from the governor.
Governor Mike Parson signed legislation that changes the working after retirement limits that apply to Public School Retirement System of Missouri (PSRS) retirees who work for PSRS-covered public two-year (community) colleges.
Passage of Senate Bill 892 Creates New Working After Retirement Rules for PSRS Retirees Working in Non-Certificated Positions
Senate Bill 892 (CCS/SCS/SB 892) passed by the Missouri legislature during the 2018 regular legislative session, was signed by Governor Parson and became law July 5, 2018. The bill changes the statutory limits on work after retirement for those PSRS retirees who work at a PSRS/PEERS-covered employer in a non-certificated position, such as a coach, bus driver, cook or office staff.
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).