Public School Employees Retirement System
Public School Employees Retirement System (PSERS)
Membership
If you qualify by years of service and age, PSERS provides lifetime supplemental retirement benefits, disability benefits, and death benefits. At retirement, options may also be chosen to provide lifetime benefits to your beneficiary at your death.
The amount you receive is calculated by years of Creditable Service multiplied by a specific dollar amount. The dollar amount is set by the Georgia General Assembly.
Effective July 1, 2024 the current dollar amount is $17.00
Members who leave employment before retirement are entitled to a refund of member contributions plus interest.
Member Contribution Rates
- New Members who first join PSERS on or after July 1, 2012 will pay a required contribution of $10 each month for the 9-month contribution period of September through May. This amounts to an annual contribution of $90.
- Members who first joined PSERS prior to July 1, 2012 will continue to pay a required contribution of $4 each month, for an annual contribution of $36.
PSERS Benefit Multiplier Increase
Effective 7/1/2024
The benefit rate for members of the Public School Employees Retirement System (PSERS) has been raised for PSERS members, retirees, and beneficiaries to $17.00 per month per year of service.
This increase is effective 7/1/2024 and will be reflected in the July 2024 pension payment.
To learn more about your PSERS retirement benefit, please visit the PSERS plan page.
PSERS Forms
- Service Retirement Application
- Disability Retirement Application
- Retiree Change of Beneficiary Form
- Active or Inactive Member Change of Beneficiary Form
- Retiree Pension Direct Deposit Form
- Federal Income Tax Form W-4P
- Retiree and Inactive Change of Address Form
- State Income Tax Form G-4P
- Pension Benefit Estimate Request Form
- Click for PSERS forms
PSERS
Board of Trustees
The Public School Employees Retirement System (PSERS) Board of Trustees consists of 9 members who are appointed or elected for a term of four years.
Click below for board members, contact information, and meeting details.
PSERS History & Background
The Public School Employees Retirement Plan (PSERS) was established January 1970 under Georgia Laws 1969 (O.C.G.A. Title 47, Chapter 4) to provide certain public school employees with a supplemental retirement plan.