PSRS/PEERS News Archive
$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.
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.”
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 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 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.
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.
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.
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.
2025 Tax Information for PSRS/PEERS Benefit Recipients
As the year ends, PSRS/PEERS benefit recipients should be aware of important tax information for 2025.
December Board Meeting Summary
The Budget and Audit Committee of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 8:30 a.m. Monday, Dec. 15, 2025, at the PSRS/PEERS office at 3210 W. Truman Blvd., Jefferson City, Missouri. The regular session of the Board of Trustees meeting followed at 9:30 a.m.