PSRS/PEERS News Archive
2025 Benefit Statements Coming in Late January
PSRS and PEERS benefit recipients, you will receive your annual Benefit Statement in late January. This document provides a comprehensive summary of your membership and your monthly benefit as of January 1, 2025.
PSRS/PEERS Honored with “Best Places to Work in Money Management” Award
For the second straight year, PSRS/PEERS has been recognized by Pensions & Investments (P&I) magazine as one of the “Best Places to Work in Money Management.” 2024 winners were recognized in the magazine’s December 9 issue.
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.
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.