PSRS/PEERS News Archive
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.
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.
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.
Your Annual Member Statement Arrives Soon!
This fall, your annual Member Statement will be available, offering a comprehensive look at your membership journey.
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.
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.
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 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 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.
Beneficiary Designations Provide Valuable Financial Protection for Your Loved Ones
Whether working or retired, every PSRS/PEERS member should have an updated beneficiary designation on file. Your PSRS/PEERS beneficiary designation indicates who should receive any benefits payable if you pass away.