PSRS/PEERS News Archive
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.
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.
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.
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).
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.
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.
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.
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).
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.
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.
