Missouri Public Education Employee Retirement System

State retirement systemteachers· Missouri

State retirement system, based in Missouri, reporting $7.0B in assets, for 144,991 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$7.0B
Private allocation
40.0%
As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 15 Dec 2025, Changed its allocation policy 9 months ago.

People to know

View all people
  • Chief Investment Officer
    Why: Chief investment officer: owns the allocation decision
    No route on file yet
  • Chief Investment Officer
    Why: Chief investment officer: owns the allocation decision
    No route on file yet
  • Executive Director
    Why: Executive director: runs the plan or the office
    No route on file yet

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
Missouri Public Education Employee Retirement System

Relationship network

5 connected entities

From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.

Missouri Public Education Employee Retirement System
MO
Reading the network
  • Service provider
  • Person
›How strength and recency are read

Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Size, funding, policy and commitments, with their basesState retirement systemShow
State retirement system
Assets
$7.0B
Total assets, Jun 30, 2024 derived
Funded
not on record
not filed
Private markets target
40.0%
policy Jun 30, 2025
Commitments
0
none on the tape

Allocation policy

ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
Cash & Cash EquivalentsCash0.0%0% to 10%reported psrs-peers.org
U.S. TIPSFixed income0.0%0% to 30%reported psrs-peers.org
U.S. TreasuriesFixed income15.0%0% to 40%reported psrs-peers.org
Hedged AssetsHedge / diversifiers6.0%0% to 25%reported psrs-peers.org
Private CreditPrivate credit8.0%0% to 12%reported psrs-peers.org
Public CreditPrivate credit0.0%0% to 10%reported psrs-peers.org
Private EquityPrivate equity21.0%4% to 28%reported psrs-peers.org
Non-U.S. Public EquityPublic equity16.0%8% to 28%reported psrs-peers.org
U.S. Public EquityPublic equity23.0%15% to 45%reported psrs-peers.org
Private Real EstateReal estate11.0%4% to 15%reported psrs-peers.org

Consultants and advisers

2 firms

Decision makers

who to call first about an allocation, and why; then everyone else by function
  • Craig A. Husting · Chief Investment Officer
    Why this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
  • Craig Rusting · Chief Investment Officer
    Why this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
  • Dearld Snider · Executive Director
    Why this person: Executive director: runs the plan or the office

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

People

3 roles
Chief investment officer
Craig A. Husting
Chief Investment Officer (Jun 30, 2025) psrs-peers.org
Craig A. Husting, CFA Chief Investment Officer
Craig Rusting
Chief Investment Officer (Dec 1, 2025) psrs-peers.org
p.1: Dr. Eric Park, Vice-Chair Craig Rusting, Chief Investment Officer / Chief Investment Officer

Manager roster

No manager relationship is on the tape for this allocator.

What changed

1 event
  • Dec 15, 2025Policy updated
    PSRS/PEERS Board of Trustees (self-invested) adopts a policy change: Investment Beliefs
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.

Size and funding

57 readings
Total assets
$7.0B Jun 30, 2024 derived Census ASPP
$6.4B (2023-06) · $6.2B (2022-06)
Fiduciary net position
$6.9B Jun 30, 2024 reported Census ASPP
$6.4B (2023-06) · $6.2B (2022-06)
Long-term investments
$6.8B Jun 30, 2024 reported Census ASPP
$6.4B (2023-06) · $6.0B (2022-06)
Total pension liability
$862M Jun 30, 2024 derived Census ASPP
$999M (2023-06) · $845M (2022-06)
Discount rate
7.30% Jun 30, 2024 reported Census ASPP
7.30% (2023-06) · 7.30% (2022-06)
Participants
144,991 Jun 30, 2024 reported Census ASPP
138,455 (2023-06) · 131,497 (2022-06)
Active members
53,572 Jun 30, 2024 reported Census ASPP
51,787 (2023-06) · 50,179 (2022-06)
Beneficiaries
38,985 Jun 30, 2024 reported Census ASPP
37,737 (2023-06) · 36,198 (2022-06)
Benefits paid
$445M Jun 30, 2024 reported Census ASPP
$394M (2023-06) · $359M (2022-06)
Investment expense
$61.5M Jun 30, 2024 reported Census ASPP
$42.8M (2023-06) · $94.0M (2022-06)

Provenance

Identifiers: Census PID6 226256
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 23, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: funded ratio, fund commitments.

Record history

1 dated event on the change ledger, latest event first
  • Policy updated
    2025-12-15source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+2 connections on the graph

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.