Benefit Connection Podcast

Episode 22 - What Is the Partial Lump Sum Option (PLSO)?

The Partial Lump Sum Option is one of the most frequently asked-about features of PSRS/PEERS retirement, and this episode breaks it down so you can understand it.

Host Susan Boessen and guest Connor James explain:

• What PLSO is and how it works
• Eligibility requirements, including working three years beyond normal retirement
• How lump-sum amounts are calculated
• Options for receiving PLSO funds
• Tax considerations and potential penalties
• The long-term impact on monthly benefits and COLAs

If you’re exploring retirement options or want to understand how PLSO might fit your financial goals, be sure to listen!

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.