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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

Tools for Retirees and Beneficiaries

PSRS/PEERS News

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

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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.

Missouri law states that a 5% COLA must be granted when the CPI-U equals or exceeds 5%, as does the PSRS/PEERS funding policy.

The total increase in the Consumer Price Index for Urban Consumers (CPI-U) for the 12 months in fiscal year 2021 (July 1, 2020 to June 30, 2021) was 5.3915%. The last time a 5% COLA was given was in 2009.

“Over the past fiscal year, we experienced an unusually high CPI-U increase,” said Board Chair Jason Steliga. “The COLA policy is designed to ensure that our retirees receive an adequate COLA in years when the cost of living increases.” He added, “We are confident that the policy is working as intended, to help us ensure we make sound decisions that are in the best financial interest of all our members.”

It is the Board's fiduciary responsibility to the Systems and members to make decisions that are consistent with maintaining the Systems' ongoing financial health and strong funded status. As of June 30, 2021, PSRS was 85.2% pre-funded and PEERS was 87.7% pre-funded. This means, that as of the end of our last fiscal year, PSRS/PEERS had enough assets on hand to pay more than 80% of all present and projected future benefits with today's dollars. 

PSRS/PEERS provides service retirement, disability, and survivor benefits for more than 128,000 active members and over 100,000 retired Missouri public school teachers, school employees, and their families. The market value of invested assets for PSRS and PEERS combined were approximately $56.8 billion as of June 30, 2021 making the combined entity larger than all other public retirement plans in the state combined. PSRS/PEERS is the 46th largest defined benefit plan in the United States and 105th largest plan in the world.

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

Board Approved Funding Policy image

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.

Missouri law states that a 5% COLA must be granted when the CPI-U equals or exceeds 5%, as does the PSRS/PEERS funding policy.

The total increase in the Consumer Price Index for Urban Consumers (CPI-U) for the 12 months in fiscal year 2021 (July 1, 2020 to June 30, 2021) was 5.3915%. The last time a 5% COLA was given was in 2009.

“Over the past fiscal year, we experienced an unusually high CPI-U increase,” said Board Chair Jason Steliga. “The COLA policy is designed to ensure that our retirees receive an adequate COLA in years when the cost of living increases.” He added, “We are confident that the policy is working as intended, to help us ensure we make sound decisions that are in the best financial interest of all our members.”

It is the Board's fiduciary responsibility to the Systems and members to make decisions that are consistent with maintaining the Systems' ongoing financial health and strong funded status. As of June 30, 2021, PSRS was 85.2% pre-funded and PEERS was 87.7% pre-funded. This means, that as of the end of our last fiscal year, PSRS/PEERS had enough assets on hand to pay more than 80% of all present and projected future benefits with today's dollars. 

PSRS/PEERS provides service retirement, disability, and survivor benefits for more than 128,000 active members and over 100,000 retired Missouri public school teachers, school employees, and their families. The market value of invested assets for PSRS and PEERS combined were approximately $56.8 billion as of June 30, 2021 making the combined entity larger than all other public retirement plans in the state combined. PSRS/PEERS is the 46th largest defined benefit plan in the United States and 105th largest plan in the world.


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."

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.

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.

A Working Retiree

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

Quick Facts

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For the last 75 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.

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.

Benefits by County

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As of December 31, 2021, over 103,000 individuals received benefits from PSRS/PEERS. Total annual benefits paid were over $3.2 billion. Of this amount, approximately $2.9 billion, or 89%, was distributed among Missouri's 114 counties, positively impacting the state's economy.