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PSRS/PEERS News

PSRS/PEERS Board of Trustees Named Finalist for Fiduciary of the Year

PSRS/PEERS board named one of 2025 Randy Kim Award finalist

The Board of Trustees for the Public School & Education Employee Retirement Systems of Missouri (PSRS/PEERS) has been named a finalist for another national award — this time for the 2025 Randy Kim Prize for Fiduciary of the Year, presented by The Allocator. This recognition honors the board’s exemplary leadership and commitment to sound governance.

Nominators praised the PSRS/PEERS seven-member Board of Trustees for being a national standard in public pension governance. One nominator said, "They set the model for what good governance in public pension administration looks like." Another nominator cited the organization’s "world-class" governance structure and consistent top-quartile investment returns that have benefitted hundreds of thousands of members.

"Our trustees are deeply committed to transparency, accountability, and thoughtful decision-making," said PSRS/PEERS Executive Director Dearld Snider. "This honor affirms that our approach is not only working—it’s being recognized as a standard of excellence."

This honor marks the second national recognition for PSRS/PEERS in 2025. In May, the Board of Trustees was named a finalist for Institutional Investor’s Award for Leadership and Vision. Winners of the 2025 Allocator Prizes will be announced in October.

PSRS/PEERS Board of Trustees Named Finalist for Fiduciary of the Year

PSRS/PEERS board named one of 2025 Randy Kim Award finalist

The Board of Trustees for the Public School & Education Employee Retirement Systems of Missouri (PSRS/PEERS) has been named a finalist for another national award — this time for the 2025 Randy Kim Prize for Fiduciary of the Year, presented by The Allocator. This recognition honors the board’s exemplary leadership and commitment to sound governance.

Nominators praised the PSRS/PEERS seven-member Board of Trustees for being a national standard in public pension governance. One nominator said, "They set the model for what good governance in public pension administration looks like." Another nominator cited the organization’s "world-class" governance structure and consistent top-quartile investment returns that have benefitted hundreds of thousands of members.

"Our trustees are deeply committed to transparency, accountability, and thoughtful decision-making," said PSRS/PEERS Executive Director Dearld Snider. "This honor affirms that our approach is not only working—it’s being recognized as a standard of excellence."

This honor marks the second national recognition for PSRS/PEERS in 2025. In May, the Board of Trustees was named a finalist for Institutional Investor’s Award for Leadership and Vision. Winners of the 2025 Allocator Prizes will be announced in October.

Benefit Connection - The PSRS/PEERS Member Education Podcast

Tune in to stay informed about your retirement system, gain valuable insights, and hear from experts on how to make the most of your benefits. Join us for engaging discussions and essential updates designed with your needs in mind.

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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! Your membership gives you distinct advantages when working toward a financially secure retirement. Get off to the right start and register for access to Web Member Services today.

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.

Benefits by County
Benefits by County color-coded map

As of June 30, 2026, over 115,000 individuals received benefits from PSRS/PEERS. Total annual benefits paid were over $4.1 billion. Of this amount, over $3.6 billion, or 88%, was distributed among Missouri's 114 counties, positively impacting the state's economy.

PSRS/PEERS Quick Facts
PSRS/PEERS Quick Facts

A summary of PSRS/PEERS statistics as of June 30, 2026.

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.