Legislation Making 25-and-Out Provision Permanent; Extending PSRS 2.55% Benefit Factor Passes and Awaits Governor’s Approval
Both Provisions Would Become Effective August 28, 2013
The 97th Regular Session of the Missouri Legislature officially ended Friday, May 17, at 6 p.m. On the final day, legislation was approved making the 25-and-Out early retirement provision a permanent retirement option for members of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS). The same bill also extends the availability of the PSRS 2.55% benefit factor for 31 or more years of service through July 1, 2014. Read More
Sick Leave/Workers' Comp and Military Purchase Deadline is June 30
With the school year half over, it is important
to consider whether you are eligible to
purchase service for your unpaid sick leave,
workers’ compensation leave or military leave. Read More
Strong Investment Performance for Calendar Year 2012
The Public School and Education Employee Retirement Systems of Missouri (PSRS and PEERS) earned investment returns of 12.1% and 11.7%, respectively, for the calendar year ended December 31, 2012. Read More
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