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    Retirement Benefits

     psrs

      

    BENEFIT

    NOTES

    EMPLOYEES AFFECTED

     

    Public School Retirement

    System (PSRS) Certified Staff

    · State mandated 14.5% deduction

    · Matched by the District

    · Vested after 5 years

    · Questions – Contact 573-634-5290    www.psrs-peers.org

     

     

    All certified staff employed on a full-time basis who work at least 17 hours per week on a regular basis in a position that would normally require at least 600 hours of employment per school year, regardless of position.

     

    Public Education Employee  Retirement System (PEERS) Non-Certified Staff

    · State mandated 6.86% deduction

    · Matched by the District

    · Vested after 5 years

    · Questions – Contact 573-634-5290    www.psrs-peers.org

     

     

    All non-certified staff who work at least 20 hours per week on a regular basis in a position that would normally require at least 600 hours of employment per school year, regardless of position.