Retirement Benefits

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.