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Due to continuing concerns about COVID-19, the PSRS/PEERS office building is currently closed to visitors. We are operational and available to serve our members electronically or via phone. Benefit payments will be made on time, the last working day of the month.

Web Member Services

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Securely access your membership information from any device with internet access. Visit Web Member Services today and try out the new Benefit Estimator to see what your estimated retirement date and benefit could be!

Upcoming Events

No travel required!

We have a variety of webinars available. Webinars are a great way to learn about the benefits you are entitled to as a member of PSRS or PEERS. Best of all, webinars allow you to obtain the information you need from the comfort of your own home.

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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.

Web Member Services

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Securely access your membership information from any device with internet access. Visit Web Member Services today and start tracking your progress towards a secure retirement.

Retirement Planning

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It's never too early to begin planning for retirement. How much do you know about your retirement plan and the benefits you are entitled to receive? Even though retirement may still be years away, there are things you can do right now to make sure you get the most from your PSRS membership.

Working After Retirement

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Working at a PSRS/PEERS-covered employer after retirement can affect the payment of your retirement benefits. Make sure you understand the limits as they apply to your position.

Quick Facts

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For the last 73 years, the Public School and Education Employee Retirement Systems of Missouri have worked in partnership with Missouri public schools to provide retirement benefits to our members.

The Missouri Model

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The "Missouri Model" is used in the retirement industry to describe our trust fund's operational model as the one others aspire to emulate. PSRS, as measured against all other large public retirement systems, is clearly one of, if not the top retirement system in the nation.

Benefits by County

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As of December 31, 2019, over 97,000 individuals received benefits from PSRS/PEERS. Total annual benefits paid were more than $3 billion. Of this amount, more than $2.7 billion, or 89%, was distributed among Missouri's 114 counties, positively impacting the state's economy.