North St. Francois County R-I School District

Retirement

Public School Retirement System

(PSRS)

PSRS - Professional Staff including Teachers and Administrators

Contributions are 14.5% and are matched by the board. This is deducted from your gross wages each pay period.

Medical/Dental/Vision costs are also considered retirement wages. A 14.5% contribution will be deducted for the cost of these premiums. Life insurance is not considered retirement wages.

Public Education Employee Retirement System (PEERS)

PEERS - Support Staff

Contributions are 6.86% and are matched by the board. This is deducted from your gross wages each pay period. Medical/Dental/Vision costs are also considered retirement wages. A

6.86% contribution will be deducted for the cost of these premiums. Life insurance is not considered retirement wages.

For more information beyond what is included here, please visit the PSRS/PEERS website at the following link: psrs-peers.org.

403(b) Annuity Program

The District also offers participation in a 403(b) annuity program in accordance with law. The North St. Francois County R-I School District has selected and contracted with a third-party company to administer this program. See the 403B Universal Availability Notice for additional information by clicking here.

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