PSRS/PEERS News Archive

2024 Public Pension Standards Award for Funding and Administration

PSRS and PEERS Honored with National Public Pension Standards Awards for Excellence in Funding and Administration

PSRS and PEERS have been recognized for meeting and exceeding the Public Pension Coordinating Council’s (PPCC) standards for both funding and administration for 2024.

a retired couple reviews their finances

Eligible Benefit Recipients to Get 2% COLA Starting January 2025

On October 28, 2024, the PSRS/PEERS Board of Trustees approved a 2% cost-of-living adjustment (COLA) for eligible benefit recipients, effective January 1, 2025.

PSRS/PEERS Contribution Rates to remain unchanged for 2025-2026 school year.

Contribution Rates Unchanged for 2025-2026 School Year

On October 28, 2024, the PSRS/PEERS Board of Trustees voted to keep contribution rates unchanged for both active members and employers for the 2025-2026 school year, which runs from July 1, 2025, to June 30, 2026.

A photo of the board meeting from Monday, October 28, 2024.

October Board of Trustees Meeting Summary

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on October 28, 2024 at the PSRS/PEERS Office located at 3210 W. Truman Blvd., Jefferson City, Missouri.

woman reclining on couch while using a laptop computer

Your Annual Member Statement Arrives Soon!

This fall, your annual Member Statement will be available, offering a comprehensive look at your membership journey.

a couple views membership statements at the kitchen counter

Why Most Service Purchase Costs Are Recalculated Each Year

Each year on October 1, the cost to purchase most types of service with PSRS/PEERS is recalculated on any open purchase application. This annual adjustment is necessary because the cost for these purchases is based on a calculation that includes the member’s highest salary and the current contribution rate.

a smiling couple view a tablet

Simplify Your Membership with Web Member Services

The quickest way to get the latest information about your membership is to view it online using Web Member Services, the PSRS/PEERS online, self-service membership information portal.

retired woman typing at a  table in a library

Working After Retirement 101: The Basics You Need to Know

Working as a retiree for a PSRS/PEERS-covered employer can be rewarding and beneficial for you and your employer. But this work is limited by law. To help you work after retirement without an impact on your benefits here is a quick look at the basics you need to know.

August 26, 2024 board meeting

August Board of Trustees Meeting Summary

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on August 25-26, 2024, at the PSRS/PEERS Office located at 3210 W. Truman Blvd., Jefferson City, Missouri.

Dr. Jason Steliga

Dr. Jason Steliga Announces Departure from the PSRS/PEERS Board of Trustees

At the August 26, 2024, Board of Trustees meeting, Board Chair Dr. Jason Steliga announced that he will step down from his seat on the Board effective October 15, 2024.