PSRS/PEERS News Archive

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Spring 2026 Legislative Update

This week is spring break for the Missouri Legislature. Since the 2026 session began on Jan. 7, state legislators have filed more than 3,100 bills and resolutions. The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) is tracking more than 100 bills, including legislation that would directly affect member benefits and employer operations.

Get Retirement Ready: Join a Seminar This Spring or Summer

Registration is open now for our spring and summer Retirement Ready Seminars. Designed for members who will reach retirement eligibility within five years, these sessions provide a complete overview of what you need to know before you retire.

color-coded map of Missouri showing benefits paid out to each county

$3.6 Billion in Retirement Benefits Boost Missouri Communities

Ever wonder how much money flows into your community through retired school employees? The answer might surprise you.

Final Average Salary Caps can impact your retirement benefit calculations

Understanding Final Average Salary Caps for PSRS and PEERS

Your Final Average Salary — the average of your three highest consecutive years of salary — is a key part of your retirement benefit calculation. To keep benefits fair and prevent “salary spiking” at the end of a career, state law limits on how much your PSRS/PEERS salary can increase during those years. These limits are called “salary caps.”

compass pointing towards retirement

Planning Your PSRS/PEERS Retirement: Key Dates and Steps

Knowing when you can retire and how to apply ensures you receive the benefits you’ve earned without delays. Here’s what you need to know about determining your retirement date and completing your application.

February Board of Trustees meeting

February Board Meeting Summary

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 8:30 a.m. Feb. 2, 2026, at the PSRS/PEERS offices located at 3210 W. Truman Blvd., Jefferson City, Missouri.

retirement planning

Retirement Planning Checklist: Retiring in a Few Years

Even if retirement is still a few years away, it’s smart to start preparing now. Understanding your options early can help you make confident decisions. Use this checklist to get started.

Missouri state capital

2026 Missouri Legislative Session Begins

The 2026 Missouri Legislative Session started Wednesday, Jan. 7, and as always, PSRS/PEERS is closely watching any bills that could affect our retirement systems or our members.

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Retirement Plans 101: Defined Benefit vs. Defined Contribution

When it comes to retirement planning, two common types of plans are defined benefit (DB) and defined contribution (DC). While both help you save for retirement, they work in very different ways.

decorative image of a calculator, pens, reading glasses and a notebook

Reminder: 2% COLA Coming in January for Eligible PSRS/PEERS Retirees

As the new year approaches, many retirees receiving benefits from the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) can look forward to a financial boost.