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public school retirement system of missouri
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Established in 1946, The Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) manages two distinct retirement systems: PSRS for teachers and other certificated employees, and PEERS for non-certificated public school employees. As a defined benefit plan, it is responsible for prudently investing member and employer contributions to ensure the long-term funding and payment of promised lifetime retirement benefits. The Systems serve over 280,000 members and retirees, managing a multi-billion dollar investment portfolio to fulfill their fiduciary duty to Missouri's public education community.
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