The Public School Retirement System of Missouri administers pension and other benefits for certificated employees of public school districts and state community colleges. St. Louis and Kansas City maintain separate teacher plans. The System is administered jointly with the Public Education Employees Retirement System (PEERS) of Missouri. Both systems are overseen by a common board and administered by a common staff.
Missouri Public School and Education Employees Retirement Systems Basics, by Plan
Source: Public Plans Database (as of 2023)
Note: Missouri Public School and Education Employees Retirement Systems has 0 other plans.
Assets
Assets at Year-End
Missouri Public School and Education Employees Retirement Systems
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
21.8 |
| 2002 |
21.0 |
| 2003 |
21.7 |
| 2004 |
24.0 |
| 2005 |
25.8 |
| 2006 |
27.9 |
| 2007 |
32.0 |
| 2008 |
30.0 |
| 2009 |
23.7 |
| 2010 |
26.2 |
| 2011 |
31.0 |
| 2012 |
30.8 |
| 2013 |
33.7 |
| 2014 |
38.2 |
| 2015 |
38.8 |
| 2016 |
38.3 |
| 2017 |
41.7 |
| 2018 |
44.0 |
| 2019 |
45.6 |
| 2020 |
45.8 |
| 2021 |
57.1 |
| 2022 |
53.8 |
| 2023 |
55.2 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Missouri Public School and Education Employees Retirement Systems |
US State and Local Pensions |
| 2001 |
2.8 |
2.4 |
| 2002 |
2.7 |
2.3 |
| 2003 |
2.6 |
2.2 |
| 2004 |
2.4 |
2.1 |
| 2005 |
2.3 |
2.1 |
| 2006 |
2.3 |
2.0 |
| 2007 |
2.2 |
2.0 |
| 2008 |
2.2 |
1.9 |
| 2009 |
2.1 |
1.9 |
| 2010 |
2.0 |
1.8 |
| 2011 |
1.8 |
1.7 |
| 2012 |
1.7 |
1.6 |
| 2013 |
1.7 |
1.5 |
| 2014 |
1.5 |
1.4 |
| 2015 |
1.5 |
1.4 |
| 2016 |
1.5 |
1.4 |
| 2017 |
1.4 |
1.4 |
| 2018 |
1.3 |
1.3 |
| 2019 |
1.3 |
1.3 |
| 2020 |
1.3 |
1.3 |
| 2021 |
1.2 |
1.2 |
| 2022 |
1.2 |
1.2 |
| 2023 |
1.2 |
1.2 |
2023 Membership for Missouri Public School and Education Employees Retirement Systems
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 130,224 |
111,276 |
18,967 |
260,467 |
535 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Missouri Public School and Education Employees Retirement Systems
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-114.2 |
21,793.7 |
| 2002 |
-178.3 |
20,988.5 |
| 2003 |
-209.6 |
21,725.8 |
| 2004 |
-288.6 |
24,038.6 |
| 2005 |
-361.2 |
25,807.5 |
| 2006 |
-350.7 |
27,890.5 |
| 2007 |
-424.3 |
31,964.8 |
| 2008 |
-438.2 |
30,010.7 |
| 2009 |
-517.6 |
23,702.9 |
| 2010 |
-527.7 |
26,160.2 |
| 2011 |
-663.6 |
31,018.9 |
| 2012 |
-727.7 |
30,781.3 |
| 2013 |
-821.7 |
33,691.9 |
| 2014 |
-936.4 |
38,226.9 |
| 2015 |
-1,016.7 |
38,821.1 |
| 2016 |
-1,103.3 |
38,311.3 |
| 2017 |
-1,173.8 |
41,726.7 |
| 2018 |
-1,252.6 |
44,029.3 |
| 2019 |
-1,332.7 |
45,612.3 |
| 2020 |
-1,422.5 |
45,829.1 |
| 2021 |
-1,478.2 |
57,073.7 |
| 2022 |
-1,608.5 |
53,824.6 |
| 2023 |
-1,804.5 |
55,235.8 |
2023 Cash Flows for Missouri Public School and Education Employees Retirement Systems (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 1,928.7 |
3,733.2 |
3,215.7 |
1,411.2 |
Cash Flow as a Percentage of Assets
Missouri Public School and Education Employees Retirement Systems
2001-2023
| Fiscal Year |
Missouri Public School and Education Employees Retirement Systems |
National Average |
| 2001 |
-0.5 |
-2.1 |
| 2002 |
-0.8 |
-2.0 |
| 2003 |
-1.0 |
-2.5 |
| 2004 |
-1.2 |
-2.0 |
| 2005 |
-1.4 |
-2.2 |
| 2006 |
-1.3 |
-2.2 |
| 2007 |
-1.3 |
-2.1 |
| 2008 |
-1.5 |
-2.3 |
| 2009 |
-2.2 |
-3.1 |
| 2010 |
-2.0 |
-3.2 |
| 2011 |
-2.1 |
-3.1 |
| 2012 |
-2.4 |
-3.3 |
| 2013 |
-2.4 |
-3.1 |
| 2014 |
-2.4 |
-2.9 |
| 2015 |
-2.6 |
-2.8 |
| 2016 |
-2.9 |
-3.0 |
| 2017 |
-2.8 |
-2.9 |
| 2018 |
-2.8 |
-2.6 |
| 2019 |
-2.9 |
-2.6 |
| 2020 |
-3.1 |
-2.4 |
| 2021 |
-2.6 |
-2.1 |
| 2022 |
-3.0 |
-2.1 |
| 2023 |
-3.3 |
-2.1 |
