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PSRS/PEERS News

PSRS/PEERS Selects New Director of Employer Services

photo of Omar Davis
Omar Davis, PSRS/PEERS DIrector of Employer Services

Omar Davis, of Columbia, MO, has been named director of employer services for the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) effective September 26, 2016. He replaces Jeff Russler, who recently retired.

"Omar brings experience and a proven track record with public pension systems that we are confident will make him an invaluable member of the PSRS/PEERS team," said Steve Yoakum, executive director. "We are pleased to welcome him to the Retirement Systems."

Most recently, Davis served as the investment legal and compliance counsel for the Missouri State Employees' Retirement System (MOSERS). Prior to that, he was general counsel at the MoDOT and Patrol Employees' Retirement System (MPERS). In addition, he served as director of revenue at the Missouri Department of Revenue from 2007 to 2009 and was director of the Missouri Department of Labor and Industrial Relations from October to December 2007.

Davis holds a Juris Doctorate degree from the University of Missouri - Columbia School of Law and a Bachelor of Science degree in psychology from Kansas State University.

PSRS/PEERS Selects New Director of Employer Services

photo of Omar Davis
Omar Davis, PSRS/PEERS DIrector of Employer Services

Omar Davis, of Columbia, MO, has been named director of employer services for the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) effective September 26, 2016. He replaces Jeff Russler, who recently retired.

"Omar brings experience and a proven track record with public pension systems that we are confident will make him an invaluable member of the PSRS/PEERS team," said Steve Yoakum, executive director. "We are pleased to welcome him to the Retirement Systems."

Most recently, Davis served as the investment legal and compliance counsel for the Missouri State Employees' Retirement System (MOSERS). Prior to that, he was general counsel at the MoDOT and Patrol Employees' Retirement System (MPERS). In addition, he served as director of revenue at the Missouri Department of Revenue from 2007 to 2009 and was director of the Missouri Department of Labor and Industrial Relations from October to December 2007.

Davis holds a Juris Doctorate degree from the University of Missouri - Columbia School of Law and a Bachelor of Science degree in psychology from Kansas State University.


Life Events

When life brings changes your way, it can also impact your PSRS/PEERS membership. Click below for more information.

A New Member

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Welcome! Create a Web Member Services account to stay informed about your membership.

Newly Married

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If you are recently married, it can impact your beneficiary designations.

A New Parent

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Birth or adoption of a child requires you to update your beneficiary designations.

Recently Divorced

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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

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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

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Apply for service retirement online using Web Member Services, or using paper forms found on this website.

Leaving Your Job

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You have options when temporarily or permanently leaving covered employment.

A Working Retiree

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It is important to understand post-retirement work limits and how they may impact your benefit payments.

PSRS/PEERS Quick Facts

2024 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

map of Missouri showing benefits paid to each 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

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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.