Tag: Pennsylvania Public School Employees Retirement System (PSERS)

Board OKs nearly $1 billion in real estate, multi-strat, private equity deals.

PSERS’s risk parity director tells what prompted her passionate mission.

At Pension Bridge, Dick Ingram, Dominic Garcia, and Glen Grell reveal how their programs ended up underfunded.

Newly hired state workers will get lower benefits and either a 401(k) or hybrid retirement plan to save tax dollars, prop up DB funding levels.

Report says annual fees were greater than all employee contributions.

The state’s SERS and PSERS retirement organizations say they are looking for ways to cut management fees and improve transparency.

 State treasurer and lawmaker demand more transparency from debt-laden PSERS and SERS plans.

Funded status improves thanks to portfolio changes.

System has approved nearly $1.8 billion in investments since September.

State treasury holds up $581 million in obligations to PSERS.

Board approves up to $700 million in private equity, multi-strategy real estate commitments.