PSRS/PEERS News Archive

a photo of the Board of Trustees Meeting Room prior to the February 2019 meeting

October 2019 Board Meeting Summary

The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened on October 27 and 28, 2019 at the PSRS/PEERS offices in Jefferson City, MO.

Charts-Hands

CPI-U Low, Resulting in No COLA for January 2020; Contribution Rates to Remain Stable

At the October 28, 2019 meeting of the PSRS/PEERS Board of Trustees, Board members voted on whether to grant a January 2020 cost-of-living adjustment for benefit recipients, as well as the active member and employer contribution rates for the 2020-2021 school year.

a photo of the Board of Trustees Meeting Room prior to the February 2019 meeting

August 2019 Board Meeting Summary

The August 26, 2019 meeting of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 8 a.m.

Jason Hoffman was recently honored with the 2019 Distinguished Eagle Award from the Association of School Business Officials International (ASBO).

PSRS/PEERS Board Vice Chair, Jason Hoffman, Receives Leadership Award

Jason Hoffman was recently honored with the 2019 Distinguished Eagle Award from the Association of School Business Officials International (ASBO).

a photo of the Board of Trustees Meeting Room prior to the February 2019 meeting

June 2019 Board Meeting Summary

The Budget and Audit Committee of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 9 a.m. on June 10, 2019 at the Retirement System offices in Jefferson City, MO, with the regular session of the Board of Trustees meeting following at 10:15 a.m.

a close-up photo of the word legislation from a dictionary listing

New Law Changes Work Limits for PSRS Retirees Working for Community Colleges

Governor Mike Parson signed legislation that changes the working after retirement limits that apply to Public School Retirement System of Missouri (PSRS) retirees who work for PSRS-covered public two-year (community) colleges.

Board Meeting April 2019

April 2019 Board Meeting Summary

The Budget and Audit Committee of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 8 a.m. Monday, April 15 in the Retirement System offices in Jefferson City, MO, with the regular session of the Board of Trustees meeting following at 8:45 a.m.

Dr. Aaron Zalis receives the Distinguished Service Award from MASA

PSRS/PEERS Board Chair, Aaron Zalis, Recognized for Distinguished Service in Education

Dr. Aaron Zalis was recently honored for his more than 25 years of service in educational administration by the Missouri Association of School Administrators (MASA).

a photo of the Board of Trustees Meeting Room prior to the February 2019 meeting

February 2019 Board Meeting Summary

The Budget and Audit Committee of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) Board of Trustees convened at 8:30 a.m. in the Retirement System offices in Jefferson City, MO, with the regular session of the Board of Trustees meeting following at 9 a.m.

Cover page from NIRS-Sponsored Study

Missouri Teachers are Better Off in a Defined Benefit Plan than a 401k

A recent study conducted by UC Berkeley Labor Center and the National Institute on Retirement Security (NIRS) confirms that defined benefit pension plans like PSRS are better designed to meet the long-term financial needs of teachers in retirement than a 401(k)-type plan.