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.
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 All PSRS Education Options » View All PEERS Education Options »PSRS/PEERS News
Board of Trustees Unanimously Votes to Maintain Contribution Rates
Contribution rates for PSRS and PEERS members and employers will not change for the 2016-2017 school year.
| Employee Rate | Employer Rate | Combined Rate |
|---|---|---|
| 14.5% | 14.5% | 29% |
| Employee Rate | Employer Rate | Combined Rate |
|---|---|---|
| 6.86% | 6.86% | 13.72% |
At the October 26, 2015 Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees' meeting, the Board voted unanimously to maintain the current contribution rates for the 2016-2017 school year. This action was based on the recommendation of the Systems' actuary, PricewaterhouseCoopers (PwC).
According to PwC, PSRS is 83.9% prefunded and PEERS is 86.8% prefunded. Both are considered to be financially healthy. PwC indicated that there could be an impact on the future pre-funded status and contribution rates dependent on investment and actuarial assumptions, which are currently being reviewed.
PSRS/PEERS is primarily funded by investment earnings, but also through the contributions made by you and your employers. PSRS/PEERS contributions are automatically deducted from your pay and are credited to your individual membership. You do not pay taxes on your contributions until you receive them back from PSRS/PEERS as monthly benefits or a lump-sum payment.
For more information on your PSRS/PEERS contributions and how they help fund benefits, refer to your Member Handbook found on the publications page of this website.
For specific information regarding the contributions you have made to PSRS/PEERS during your membership, refer to your annual Member Statement, which will be mailed to you in November. Your statement will also be available in November via PSRS/PEERS Web Member Services.Board of Trustees Unanimously Votes to Maintain Contribution Rates
Contribution rates for PSRS and PEERS members and employers will not change for the 2016-2017 school year.
| Employee Rate | Employer Rate | Combined Rate |
|---|---|---|
| 14.5% | 14.5% | 29% |
| Employee Rate | Employer Rate | Combined Rate |
|---|---|---|
| 6.86% | 6.86% | 13.72% |
At the October 26, 2015 Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees' meeting, the Board voted unanimously to maintain the current contribution rates for the 2016-2017 school year. This action was based on the recommendation of the Systems' actuary, PricewaterhouseCoopers (PwC).
According to PwC, PSRS is 83.9% prefunded and PEERS is 86.8% prefunded. Both are considered to be financially healthy. PwC indicated that there could be an impact on the future pre-funded status and contribution rates dependent on investment and actuarial assumptions, which are currently being reviewed.
PSRS/PEERS is primarily funded by investment earnings, but also through the contributions made by you and your employers. PSRS/PEERS contributions are automatically deducted from your pay and are credited to your individual membership. You do not pay taxes on your contributions until you receive them back from PSRS/PEERS as monthly benefits or a lump-sum payment.
For more information on your PSRS/PEERS contributions and how they help fund benefits, refer to your Member Handbook found on the publications page of this website.
For specific information regarding the contributions you have made to PSRS/PEERS during your membership, refer to your annual Member Statement, which will be mailed to you in November. Your statement will also be available in November via PSRS/PEERS Web Member Services.Life Events ... Click if you are:
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."
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.
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.
A Working Retiree
It is important to understand post-retirement work limits and how they may impact your benefit payments.
Quick Facts
For the last 74 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
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
As of June 30 2020, over 97,000 individuals received benefits from PSRS/PEERS. Total annual benefits paid were nearly $3.1 billion. Of this amount, more than $2.7 billion, or 89%, was distributed among Missouri's 114 counties, positively impacting the state's economy.
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