Member Tools
These tools and more are available in Web Member Services, the PSRS/PEERS online, self-service membership information portal. Click the links below if you already have a Web Member Services account or register to activate your account.
Tools for Active Members
- View Member Statements
- Estimate Service Retirement Benefits
- Calculate a Purchase Cost
- File for Service Retirement Online
Tools for Retirees and Beneficiaries
Retirement Education
We want to help you learn more about your benefits and retirement system. Our counselors are here to help you get all the information you need, and offer a variety of educational opportunities to best fit your busy life.
View PSRS Education Options » View PEERS Education Options »PSRS/PEERS News
PSRS/PEERS Generates Strong Investment Returns for Fiscal Year 2014
Both the Public School Retirement System of Missouri (PSRS) and the Public Education Employee Retirement System of Missouri (PEERS) earned an investment return of approximately 16.5% for the fiscal year ended June 30, 2014 (final audited investment returns will not be available until late August). Assets increased through investment earnings by over $5 billion from the previous year, as PSRS and PEERS benefited from strong returns in the global stock market. The total plan return of 16.5% exceeded both the total plan policy benchmark of 15.4% and the long-term objective (actuarial assumption) of 8.0%. Over long periods of time, PSRS and PEERS continue to produce investment returns that meet or exceed the Systems' objective. The annualized investment return over the last 30 years is 9.9%.
The actuary for PSRS/PEERS will present a report on the assets and liabilities of the Systems at the October 27, 2014 Board of Trustees meeting. At that time, based on the robust investment returns in 2014, it is expected that the funded status of the Systems will increase, indicating the continued strong financial health of both PSRS and PEERS. Additionally, the above average investment returns will most likely allow member and employer contribution rates to remain stable for the 2015-2016 school year (the fourth consecutive year of no contribution rate increases).
"Our goal is to provide solid retirement benefits to our members," said Steve Yoakum, PSRS/PEERS executive director. "Our internal investment staff continues to skillfully navigate volatile markets and produce investment returns that exceed our long-term objectives. This allows us to maintain attractive benefits for our members while also keeping the cost low for all Missouri educators."
The total market value of assets for PSRS and PEERS were approximately $37.8 billion on June 30, 2014, making the combined entity larger than all other public retirement plans in the state combined, and the 44th largest defined benefit pension plan in the United States. For the most detailed PSRS/PEERS investment information, visit the investment section of our website.
PSRS/PEERS Generates Strong Investment Returns for Fiscal Year 2014
Both the Public School Retirement System of Missouri (PSRS) and the Public Education Employee Retirement System of Missouri (PEERS) earned an investment return of approximately 16.5% for the fiscal year ended June 30, 2014 (final audited investment returns will not be available until late August). Assets increased through investment earnings by over $5 billion from the previous year, as PSRS and PEERS benefited from strong returns in the global stock market. The total plan return of 16.5% exceeded both the total plan policy benchmark of 15.4% and the long-term objective (actuarial assumption) of 8.0%. Over long periods of time, PSRS and PEERS continue to produce investment returns that meet or exceed the Systems' objective. The annualized investment return over the last 30 years is 9.9%.
The actuary for PSRS/PEERS will present a report on the assets and liabilities of the Systems at the October 27, 2014 Board of Trustees meeting. At that time, based on the robust investment returns in 2014, it is expected that the funded status of the Systems will increase, indicating the continued strong financial health of both PSRS and PEERS. Additionally, the above average investment returns will most likely allow member and employer contribution rates to remain stable for the 2015-2016 school year (the fourth consecutive year of no contribution rate increases).
"Our goal is to provide solid retirement benefits to our members," said Steve Yoakum, PSRS/PEERS executive director. "Our internal investment staff continues to skillfully navigate volatile markets and produce investment returns that exceed our long-term objectives. This allows us to maintain attractive benefits for our members while also keeping the cost low for all Missouri educators."
The total market value of assets for PSRS and PEERS were approximately $37.8 billion on June 30, 2014, making the combined entity larger than all other public retirement plans in the state combined, and the 44th largest defined benefit pension plan in the United States. For the most detailed PSRS/PEERS investment information, visit the investment section of our website.
Life Events
When life brings changes your way, it can also impact your PSRS/PEERS membership. Click below for more information.
A New Member
Welcome! Create a Web Member Services account to stay informed about your membership.
Newly Married
If you are recently married, it can impact your beneficiary designations.
A New Parent
Birth or adoption of a child requires you to update your beneficiary designations.
Recently Divorced
If you named your spouse as a beneficiary, divorce means you may need to update your beneficiary designations. Some divorced retirees may also have options for benefit increases, or "pop-ups."
Moving
Keep your contact information up-to-date so we can communicate with you about your membership and ensure benefits are paid according to your wishes.
Ready to Retire
Apply for service retirement online using Web Member Services, or using paper forms found on this website.
Leaving Your Job
You have options when temporarily or permanently leaving covered employment.
A Working Retiree
It is important to understand post-retirement work limits and how they may impact your benefit payments.
PSRS/PEERS Quick Facts
For 77 years, we have embraced change for long-term success. We will continue to adapt, evolve and innovate to ensure the ongoing excellence of PSRS/PEERS’ plan design, professional plan management, strong investment performance and outstanding commitment to our more than 307,000 members.
Benefits by County
As of December 31, 2023, approximately 110,000 individuals received benefits from PSRS/PEERS. Total annual benefits paid was over $3.7 billion. Of this amount, over $3.3 billion, or 88%, was distributed among Missouri's 114 counties, positively impacting the state's economy.
PSRS/PEERS Funding
PSRS/PEERS' funding comes from three sources, member contributions, employer contributions and investment earnings. Investment earnings are the primary source of funding for every dollar of PSRS/PEERS benefits paid.
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