PSRS/PEERS News Archive
2020 Board Election Ballots Have Mailed – Don’t Forget to Vote!
Official ballots for the 2020 Board Election mailed from an outside election service via First Class mail on April 23.
Investment Update: COVID-19, the Economy, the Markets and PSRS/PEERS
PSRS and PEERS have weathered many challenging investment environments in the last 75 years, including the stock market crash of 1987, the bursting of the dot-com bubble in the early 2000’s, the 9/11 attacks in 2001 and the Global Financial Crisis (GFC) in 2007 and 2008. However, as we move further into the coronavirus pandemic, it is evident that this event is different.
Don't Forget to Vote! Board of Trustees Election Ballots Mail April 23
Two positions on the PSRS/PEERS Board of Trustees are up for election. PSRS/PEERS utilizes an outside election services company, which will mail all eligible PSRS/PEERS members and retirees a voting ballot on April 23.
April 2020 Board Meeting
The April 6, 2020 meeting of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened via videoconference at 9 a.m.
PSRS/PEERS Positioned to Serve Membership
During these unprecedented times, organizations are asking themselves, “Are we positioned to continue to serve our customers; remain operational?” Many are not. PSRS/PEERS most definitely is. We are operational. We are serving our members and employers. We will pay retirement benefits on time.
Confidence in Your Benefit During Challenging Times
Stock markets throughout the world have declined rapidly in 2020 due to a stunning confluence of events: the spread of the COVID-19 virus (coronavirus), a global price war over oil and the threat of a global recession. Stock markets have generally declined close to 35% in the last six weeks.
Coronavirus and the Investment Environment
In recent weeks, the COVID-19 virus (more commonly referred to as “the coronavirus”) has spread throughout the world. If the rate of spread in the United States is comparable to that of other nations, the number of reported cases in the U.S. could increase substantially in the next few months.
Member and Staff Health a Top Priority
As the world continues to monitor the changes and impact of the Coronavirus, PSRS/PEERS is proactively putting procedures in place to protect the health and well-being of our members and staff; and to ensure monthly retirement benefits are paid on time.
Coronavirus Impact on PSRS/PEERS
Concern continues to grow across the nation about the spread of the novel coronavirus and the impact it is having on the financial markets and personal safety. PSRS/PEERS wants to emphasize to all our members that your retirement benefits remain secure.
February 2020 Board Meeting Summary
The February 10, 2020 meeting of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 9 a.m. at the PSRS/PEERS office in Jefferson City, MO.