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In 1997, retirement system executives faced increasing pressure to divest the system from its holdings in cigarette manufacturers, tobacco companies and tobacco-related stock. In 2000, the Pennsylvania State Employees’ Retirement System was documented as a co-owner of the Willow Grove Park Mall in Abington, Pennsylvania. Investments
Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.
The Public School Employees’ Retirement System (PSERS) is a pension fund for public school employees in the Commonwealth of Pennsylvania.Eligible members include all full-time public school employees, part-time hourly public school employees who render at least 500 hours of service in the school year, and part-time per diem public school employees who render at least 80 days of service in ...
Pennsylvania manages its state government employees’ pensions through two different systems: Pennsylvania State Employees’ Retirement System (SERS) and Public School Employees’ Retirement ...
According to the Florida Retirement System, 11,639 of its members retired between July 1, 2009, and June 30, 2010. That compares with 10,888 retirements for the year-earlier period, says ...
Pennsylvania State Employees' Retirement System; ... Pennsylvania State System of Higher Education (PASSHE) Pennsylvania Higher Education Assistance Agency (PHEAA)
In February 2021, Torsella was appointed to the Pennsylvania Public School Employees' Retirement System (PSERS) Board of Trustees by Governor Tom Wolf. The appointment is Torsella's first for the board but would result in his second time as a board member, after serving as an ex-officio member of both PSERS and the State Employees' Retirement ...
During the 2021–22 election cycle, an obstinately pro-government union majority took over Michigan’s state government after the four largest public employee unions spent $2.6 million to elect ...