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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 ...
Agencies. Pennsylvania Attorney General. Pennsylvania Auditor General. Pennsylvania Board of Probation and Parole. Pennsylvania Department of Aging. Pennsylvania Department of Agriculture. Pennsylvania Department of Banking. Pennsylvania Department of Community and Economic Development. Pennsylvania Department of Conservation and Natural Resources.
Joe Torsella. Joseph M. Torsella (born October 8, 1963) is an American politician and former diplomat, who served as the Pennsylvania Treasurer from 2017 to 2021. He was the U.S. Representative to the United Nations for Management and Reform (with the rank of ambassador) from 2011 to 2014. [1]
In 2021, in her ex-officio capacity on the board of the Pennsylvania Public School Employees’ Retirement System, Garrity joined a group of "dissident" board members opposing the contemporary management of the pension fund's investments, arguing instead that the pension fund should invest in low-fee, public investments. After failing to ...