PSRS/PEERS News Archive
Legislature Passes Bill Regarding Work Limits Waived on Post-Retirement Substitute Teaching; Bill Awaits Governor’s Signature
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.
PSRS/PEERS Welcomes Michael Moorefield as Director of Legislation and Policy
Moorefield replaces Maria Walden, who left PSRS/PEERS in January to take the position of Missouri Retired Teachers Association (MRTA) Executive Director.
Steliga Retains Seat on PSRS/PEERS Board of Trustees; Gassmann Joins as Newest Trustee
Incumbent Board member Jason Steliga, whose current term on the Board ends June 30, 2022, and Allie Gassmann of Columbia, MO, will begin four-year terms as trustees starting July 1, 2022 and serve through June 30, 2026.
April 2022 Board of Trustees Meeting Summary
The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on April 10 and April 11, 2022.
PSRS/PEERS Proactively Addressing Investments with Russia
The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) held a special Board meeting today to update the Board on the proactive measures being taken regarding the Systems’ current exposure to Russian securities.
February 2022 Board of Trustees Meeting Summary
The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on February 7, 2022, at 8:30 a.m.
Working After Retirement Limits Back in Effect as of January 1, 2022
The temporary waiver of working after retirement limits will expire December 31, 2021. Full school year working after retirement limits on hours and salary will once again apply effective January 1, 2022.
December 2021 Board of Trustees Meeting Summary
The Budget and Audit Committee of the Board of Trustees convened December 6, 2021 at 8:30 a.m. with the regular session of the Board of Trustees meeting following at 9:45 a.m.
PSRS and PEERS Receive National Public Pension Standards Awards for Funding and Administration
PSRS and PEERS received the Public Pension Coordinating Council's (PPCC) 2021 Public Pension Standards Awards for meeting professional standards in plan funding and administration.
Board Approves 5% Cost-of-Living Adjustment Effective January 1, 2022
At the October 25, 2021 PSRS/PEERS Board of Trustees meeting, the Board voted to grant a 5% cost-of-living adjustment (COLA) for eligible benefit recipients effective January 1, 2022.