PSRS/PEERS News Archive

Governor Parson 2023 signing ceremony

Governor Signs Legislation Restoring 2.55% Benefit Factor, Increasing Working After Retirement Limits

On July 6, 2023, Governor Mike Parson signed legislation that restores the 2.55% benefit factor for PSRS members and increases working after retirement limits for PSRS retirees working in non-certificated positions, among other changes.

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June Board of Trustees Meeting Summary

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on June 13, 2023.

a close-up photo of the word legislation from a dictionary listing

2023 Legislative Session Ends: Multiple Provisions Sent to the Governor’s Desk that Impact PSRS/PEERS

During the 2023 Missouri legislative session that began Wednesday January 4, 2023, the General Assembly introduced more than 2,300 bills. PSRS/PEERS closely monitored over 250 of those bills and completed more than 45 fiscal impact requests.

a close-up photo of the word legislation from a dictionary listing

Legislation Restoring 2.55% Benefit Factor, Increasing Working After Retirement Limits One Step Closer to Becoming Law

As of May 9, legislation impacting PSRS/PEERS members was passed by both the Missouri House and Senate.

PSRS/PEERS Board of Trustees welcome guests to the April 2023 Open Session meeting.

April Board of Trustees Meeting Summary

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on April 16 and 17, 2023. A summary of the meeting is available here.

PSRS/PEERS Executive Director Dearld Snider presents an an award to retiring trustee, Dr. Kyle Collins.

Dr. Kyle Collins to Retire, Step Down from the PSRS/PEERS Board of Trustees

At the April 17, 2023 Board of Trustees meeting, the Board and staff honored Dr. Kyle Collins for his Board service. Dr. Collins will retire with PSRS on July 1 and as a result, will step down from his seat as a trustee representing active PSRS members effective July 1, 2023.

a close-up photo of the word legislation from a dictionary listing

Legislative Update

Since the General Assembly began the 2023 legislative session on Wednesday January 4, 2023, more than 2,300 bills have been filed. PSRS/PEERS is currently tracking 256 pieces of legislation. The 2023 legislative session ends on Friday May 12.

P&I Magazine ranks PSRS/PEERS as 44th Largest Defined Benefit Plan in U.S.

PSRS/PEERS Ranked 44th Largest Among U.S. Retirement Funds

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) have moved up on Pension & Investments magazine’s list of the 1,000 Largest U.S. Retirement Funds.

February 6, 2023 PSRS/PEERS Board of Trustees meeting

February Board of Trustees Meeting Summary

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on February 5 and 6, 2023. A summary of the meeting is available here.

Katie Webb, PSRS/PEERS trustee

PSRS/PEERS Welcomes Katie Webb to the Board of Trustees

Katie Webb has joined the PSRS/PEERS Board of Trustees as an active member of PSRS. She fills an open Board seat created by the retirement of Dr. Melinda Moss in October 2022.