Public School and Education Employee Retirement Systems of Missouri

Profile narrative

The Public School and Education Employee Retirement Systems of Missouri administers retirement benefits for individuals employed in the state's public school and education sectors. It manages the collection of employee and employer contributions, invests those funds to generate returns, and calculates pension payouts based on years of service and salary history. The organization also processes survivor and disability benefits when eligible members encounter qualifying life events. Its core function is to provide long‑term financial security to Missouri’s education workforce after they leave active employment.

According to the breach notification issued in September 2021, the retirement system serves approximately 349,000 active employees and retirees. This figure reflects the total number of individuals whose personal information was potentially exposed in the email account compromise. The size of the membership base indicates a substantial reach across Missouri’s public school districts and higher education institutions. The organization therefore represents one of the larger state‑focused pension plans serving a specific occupational group.

Its specialization in the public school and education employee sector distinguishes it from multi‑industry retirement systems that serve a broader mix of employers. Operating under Missouri state statutes, the system follows a defined benefit structure that guarantees a predetermined monthly benefit upon retirement. This regulatory framework shapes its investment policies, funding requirements, and benefit administration practices. Consequently, the organization is positioned as a key provider of retirement security within the state’s education community.

Incidents

1 incident linked to this organisation.