The total invested assets of both PSRS and PEERS were approximately $38.6 billion on June 30, 2015, making the combined entity larger than all other public retirement plans in the state combined, and the 44th largest defined benefit plan in the United States.
We are proud to serve more new members each year and help them begin their journey to a financially secure retirement. A PSRS/PEERS membership is automatically started for each eligible, new employee at covered school districts.
Of the over 82,000 individuals receiving benefits from PSRS/PEERS, nearly 90% of them live in Missouri. As of June 30, 2015, total benefit payments were more than $2.4 billion. Of this amount, almost $2.2 billion was distributed among Missouri's 114 counties, positively impacting the state's economy.
The System's total invested assets were $38.6 billion as of June 30, 2015. There has been a consistent and long-term growth in assets since the inception of PSRS in 1946 and PEERS in 1965, as shown in the graph.