PSRS/PEERS News Archive
Contribution Rates Hold Steady Again for 2024-2025 School Year
At the October 30, 2023 meeting of the PSRS/PEERS Board of Trustees, the Board voted to maintain active member and employer contribution rates at their current levels for the upcoming school year.
Eligible Benefit Recipients to Receive 2% COLA in January 2024
At the October 30, 2023 meeting of the PSRS/PEERS Board of Trustees, the Board voted to provide a 2% cost-of-living adjustment (COLA) for eligible benefit recipients effective January 1, 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 29-30, 2023.
August Board of Trustees Meeting Summary
The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on August 31, 2023.
PSRS/PEERS Recognized for Excellence in Financial Reporting for the 29th Consecutive Year
The Government Finance Officers Association of the United States and Canada (GFOA) has awarded PSRS/PEERS the Certificate of Achievement for Excellence in Financial Reporting for the Systems’ fiscal year 2022 Annual Comprehensive Financial Report.
PSRS/PEERS Portfolio Manager Jessica Wilbers Recognized by Institutional Investor Magazine
PSRS/PEERS Portfolio Manager Jessica Wilbers has been named by Institutional Investor magazine as one of its 2023 Rising Stars.
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.
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.
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.
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.