PSRS/PEERS News Archive

Bill Betts has been named Assistant Executive Director for PSRS/PEERS

Bill Betts Named Assistant Executive Director, Operations for PSRS/PEERS

Bill Betts, of Jefferson City, Missouri, has been named assistant executive director, operations for the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) effective January 11, 2021.

2020 PSRS/PEERS Quick-Facts

PSRS/PEERS: Staying Strong for Our Growing Membership

For the last 74 years, PSRS/PEERS has worked in partnership with Missouri public schools to provide financial security to our members during retirement.

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December 2020 Board Meeting

The Budget and Audit Committee of the Board of Trustees convened at 8:30 a.m. Monday, December 7 via teleconference, with the regular session of the Board of Trustees meeting following at 9:45 a.m.

Dearld Snider

Dearld Snider Named Executive Director of PSRS/PEERS

Dearld Snider has been named executive director of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) effective December 1, 2020.

PPCC-Award-2020

PSRS and PEERS Receive National Public Pension Standards Awards for Funding and Administration

PSRS and PEERS received the Public Pension Coordinating Council's (PPCC) 2020 Public Pension Standards Awards for meeting professional standards in plan funding and administration.

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October 2020 Board Meeting

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on October 26, 2020 at 8:30 a.m.

Charts-Hands

Board Approves 2% Cost-of-Living Adjustment effective January 2021; Contribution Rates Unchanged for Next School Year

At the October 26, 2020 PSRS/PEERS Board of Trustees meeting, the Board voted to grant a 2% cost-of-living adjustment (COLA) for eligible benefit recipients effective January 1, 2021. They also voted to maintain the current active member and employer contribution rates at their current levels for the upcoming school year.

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August 2020 Board Meeting

The August 31, 2020 meeting of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 8:30 a.m.

PSRS/PEERS Executive Director M. Steve Yoakum

PSRS/PEERS Executive Director M. Steve Yoakum Announces December Retirement

After 43 years in the pension industry and 22 years serving as the executive director of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS), M. Steve Yoakum announced today he plans to retire, effective December 1, 2020.

2019 GFOA Certificate of Achievement

PSRS/PEERS Receives Award for Excellence in Financial Reporting

PSRS/PEERS was awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for the Systems’ fiscal year 2019 Comprehensive Annual Financial Report. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting.