Public School Employees Retirement System
If you qualify by years of service and age, PSERS provides lifetime retirement benefits, disability benefits, and death benefits. At retirement, options may also be chosen that can provide lifetime benefits to your beneficiary beginning 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, 2023 the current dollar amount is $16.50.
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.