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.