PSRS/PEERS News Archive

DESE-announce

Working After Retirement Limits Back in Effect as of January 1, 2022

The temporary waiver of working after retirement limits will expire December 31, 2021. Full school year working after retirement limits on hours and salary will once again apply effective January 1, 2022.

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December 2021 Board of Trustees Meeting Summary

The Budget and Audit Committee of the Board of Trustees convened December 6, 2021 at 8:30 a.m. with the regular session of the Board of Trustees meeting following at 9:45 a.m.

2021 Public Pension Coordinating Council award certificates for funding and administration

PSRS and PEERS Receive National Public Pension Standards Awards for Funding and Administration

PSRS and PEERS received the Public Pension Coordinating Council's (PPCC) 2021 Public Pension Standards Awards for meeting professional standards in plan funding and administration.

Board Approved Funding Policy image

Board Approves 5% Cost-of-Living Adjustment Effective January 1, 2022

At the October 25, 2021 PSRS/PEERS Board of Trustees meeting, the Board voted to grant a 5% cost-of-living adjustment (COLA) for eligible benefit recipients effective January 1, 2022.

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October 2021 Board of Trustees Meeting Summary

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on October 25, 2021, at 9 a.m.

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August 2021 Board of Trustees Meeting Summary

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on August 29 and 30, 2021 at the PSRS/PEERS headquarters in Jefferson City, MO.

GFOA 2020 Award Certificate

PSRS/PEERS Receives Award for Excellence in Financial Reporting

PSRS/PEERS was awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for the Systems’ fiscal year 2020 Annual Financial Report.

DESE-announce

Working After Retirement Limit Waiver Extended through December 31, 2021

In August 2020, Governor Parson approved a request from the Missouri Department of Elementary and Secondary Education (DESE) to temporarily waive portions of the state statutes that limit the number of hours worked and amount of salary earned by retirees working for covered employers in temporary, part-time or substitute positions.

AIC-2021-Public-Pension-Graphic

PSRS/PEERS Private Equity Program Among Top Performers in U.S.

The ranking is based on private equity investment returns for a 10-year period ending June 30, 2020.

Eric-Park-Trustee-Announcement

PSRS/PEERS Welcomes Dr. Eric Park to Board of Trustees

Governor Mike Parson has appointed Dr. Eric Park to the PSRS/PEERS Board of Trustees, effective July 2, 2021.