Welcome to the PSRS/PEERS Member Education Podcast! Tune in to stay informed about your retirement system, gain valuable insights, and hear from experts on how to make the most of your benefits. Join us for engaging discussions and essential updates designed with your needs in mind.
Ever wonder how your PSRS/PEERS retirement benefit is calculated? It all comes down to a simple formula, but each part plays a big role in shaping your future income. In this episode, host Susan Boessen is joined by Member Educators Cami Case, Kate Eickhoff, and Tom Schultz to break down the three key components of the benefit formula: the benefit factor, final average salary, and years of service.
Whether you're early in your career or nearing retirement, understanding the benefit formula can help you make informed decisions and plan with confidence.
Disclaimer: The opinions expressed in this podcast do not necessarily reflect the views of the Public School and Education Employee Retirement Systems of Missouri. Any examples used are for demonstrative purposes and are not designed to be member specific. This podcast is intended to serve as a resource and is not a substitute for the law. If differences are stated between this podcast and the law, the law must prevail.
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