Retirement Plans

  • Lindbergh Schools offers a variety of options which allow you to save for your retirement:

    PSRS/PEERS

    Public School and Education Employee Retirement Systems of Missouri

    As an employee of Lindbergh Schools, if you hold a teaching certificate and work at least 17 hours per week, Lindbergh Schools and you contribute into the Public School Retirement System of Missouri (PSRS) toward your retirement savings. If you do not hold a teaching certificate and work 20 or more hours per week, Lindbergh Schools and you contribute into the Public Education Employee Retirement System of Missouri (PEERS) toward your retirement savings.

    Additionally, if you hold a position with Lindbergh Schools as a contracted teacher, you do not contribute toward your Social Security Retirement.  However, if you do not hold a position as a contracted teacher with Lindbergh Schools, you, in addition to your contribution into PEERS, contribute toward your Social Security Retirement.  

    For details regarding your particular situation with PSRS/PEERS, please sign up to receive your login ID and password to access your membership information at www.psrs-peers.org. The membership information provided here includes your account balance to date, your contribution percentage of salary, interest earned to date, and much more.

    You may also contact PSRS/PEERS at 573-634-5290 or 800-392-6848 or member_services@psrsmo.org for more information.

    PSRS/PEERS nullifies current beneficiary designations if any of the following events occurs in your life:

    • Marriage
    • Divorce
    • Birth or adoption of child

    If you have had any of these events since you last updated your beneficiary designation form with PSRS/PEERS, please contact them at 800-392-6848 to get your beneficiary designation updated.

    CSD Retirement Trust - 403(b) and 457(b)

    In addition to your PEERS/PSRS retirement, Lindbergh participates in the CSD Retirement Trust bringing you a top of the line 403(b) Salary Reduction plan and a 457(b) Deferred Compensation plan with VALIC as the current investment provider.  

    The investment line ups in these plans meet or exceed their comparative benchmarks and have some the lowest fees around – rivaling large corporate 401(k) plans. Both of these plans reduce your taxable income now while helping you save for retirement.  So a $100 contribution will only reduce your net pay about $75.  

    In addition to these plans, there is also a 403(b) Roth available. With this plan, contributions go in as taxable. But the earnings growth and subsequent withdrawals at retirement are tax free.

    Please contact one of our VALIC Financial Advisor for further information regarding these plans.

Contacts

  • PSRS/PEERS
    573-634-5290
    800-392-6848
     
    AIG Retirement Services
    Mel Ballenger                                 Doug Hanna
    314-712-9490                                 314-330-0961
    Melvin.Ballenger@AIG.com           Douglas.Hanna@AIG.com
     
     

Retirement Documents