PSRS/PEERS News Archive

August 2018 Board Meeting Summary

The August 27, 2018 meeting of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 8 a.m. at the PSRS/PEERS office in Jefferson City.

PSRS/PEERS Benefits Have Positive Impact on Missouri’s Economy

As of June 30, 2018, of the 91,585 individuals receiving benefits from PSRS/PEERS, approximately 89% of them live in Missouri. Total annual benefits paid as of June 30, 2018 were over $2.8 billion. Of this amount more than $2.5 billion was distributed among Missouri's 114 counties, positively impacting the state's economy.

Passage of Senate Bill 892 Creates New Working After Retirement Rules for PSRS Retirees Working in Non-Certificated Positions

Senate Bill 892 (CCS/SCS/SB 892) passed by the Missouri legislature during the 2018 regular legislative session, was signed by Governor Parson and became law July 5, 2018. The bill changes the statutory limits on work after retirement for those PSRS retirees who work at a PSRS/PEERS-covered employer in a non-certificated position, such as a coach, bus driver, cook or office staff.

June 2018 Board Meeting Summary

The Budget and Audit Committee of the Board of Trustees convened June 12, 2018 at 8:30 a.m. at the Hilton Promenade at Branson Landing, 3 Branson Landing, Branson, MO, with the regular session of the Board of Trustees meeting following at 10:15 a.m.

April 2018 Board Meeting Summary

The April 9, 2018 meeting of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Budget Committee convened at 8:00 a.m. at the Retirement System offices in Jefferson City, Missouri. This was followed by the Board of Trustees Regular Session meeting at 8:45 a.m.

February 2018 Board Meeting Summary

The February 12, 2018 meeting of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 9 a.m. at the Retirement System offices in Jefferson City, Missouri.

2018 Tax Tables Available

The IRS has issued 2018 tax withholding tables that reflect the changes made by the recently passed federal Tax Cuts and Jobs Act. If you are a PSRS/PEERS benefit recipient, this may change your net benefit payment amount.

Beth Knes, Trustee

PSRS/PEERS Trustee Beth Knes Confirmed by Missouri Legislature

The Missouri Senate confirmed trustee Beth Knes’ appointment to the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees on January 25, 2018.

December 2017 Board Meeting Summary

The Budget and Audit Committee of the Board of Trustees convened at 9 a.m. in the Retirement System offices in Jefferson City, MO, with the regular session of the Board of Trustees meeting following at 9:30 a.m.

November 2017 Board Meeting Summary

On November 2, 2017, the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees held a working session, which convened at 3 p.m. at the Retirement Systems office in Jefferson City, Missouri. On November 3, 2017 The regular Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees meeting convened at 9 a.m. at the Retirement Systems office in Jefferson City, Missouri.