Disability benefits are available if you have five years of eligible employment and cannot work due to a disability that appears to be total and permanent
Survivor benefits may be payable upon your death
If you take leave from employment for military service, you may be able to get credit with PSRS/PEERS (to count toward your retirement) for the leave time
Purchasing credit with PSRS/PEERS may allow you to reach vested status, retirement eligibility or qualify for a larger benefit
Reinstating credit allows you to buy back credit for a membership you previously forfeited by taking a refund of your account balance
Your contributions and interest are always returned to you or a beneficiary
You are eligible for normal retirement:
At age 60 with at least five years of credit,
At any age with at least 30 years of credit, or
At Rule of 80: when the sum of your age, plus your years of credit, equals 80 or more
Early retirement options are available, but benefit amounts under these options are reduced. To learn of your early retirement options, please visit the Retirement System’s website at PSRS-PEERS or contact a Retirement System representative at (800) 392-6848.
PSRS/PEERS provides valuable protection to your beneficiaries if your death occurs prior to retirement. Be proactive in updating your beneficiary designation and provide complete information to help ensure any benefit payable at your death is distributed in accordance with your wishes.
Important: If a change in life status, such as a marriage, divorce, birth or adoption of a child, has occurred since you have filed your beneficiary designation with PEERS, your designation is invalid. You must file new beneficiaries with PEERS or Missouri law will determine your beneficiaries if you die before retirement.
For additional information about beneficiary designation, review the Protecting Those you Care About brochure. For questions regarding your beneficiary information, please contact a Retirement System representative at (800) 392-6848, as the District does not have access to your beneficiary information.
To change your beneficiary information, please visit the Retirement System’s website at PSRS-PEERS to complete the required form.