Missouri Public School Retirement System
public plan · State of Missouri · St. Louis, MO
Funding History
What This Means for You
Missouri Public School Retirement System is 83% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $8.6B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $42.7B | $51.3B | 83.2% | $1.9B |
| 2024 | $40.3B | $47.2B | 85.3% | $1.5B |
| 2023 | $39.9B | $49.4B | 80.8% | $1.8B |
| 2022 | $39.2B | $51.1B | 76.6% | $1.8B |
| 2021 | $35.7B | $38.2B | 93.4% | $1.4B |
Frequently Asked Questions
Missouri Public School Retirement System is 83% funded, meaning it has 83 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Missouri Public School Retirement System has 201,087 total participants, including 73,048 active employees and 128,039 retirees currently receiving benefits.
Missouri Public School Retirement System is not covered by the PBGC. Benefits depend entirely on the plan's assets and the sponsor's ability to fund it.
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.