WebAug 8, 2024 · In 2024, for example, PSERS said it paid more than $700 million to 170 outside managers. Taxpayers account for most of the system’s funding ― putting in nearly $5 billion last year, more than four times the $1.1 billion from school employees. WebIf you first worked between Sept. 4, 2012, and Jan. 31, 2024 As a new member of the Michigan Public School Employees' Retirement System, you have a decision to make for your future retirement plan. You have 75 calendar days from your first payroll end date to decide which retirement plan best meets your needs: The Pension Plus retirement plan, or
Pennsylvania Pension Fund Initiates Shift to Lower-Cost …
WebJan 18, 2024 · On Dec. 18, the board of the Public School Employees’ Retirement System (PSERS) approved an update to its investment policies that includes a plan to eliminate … WebFeb 1, 2024 · PSERS spent much of 2024 dealing with the fallout of this error, with the board holding numerous closed meetings and attempting to replace leadership with an … edinburgh districts
PSERS Fiscal Year 2024-22 Budget Report Appropriations …
WebDec 31, 2024 · The preliminary return produced net investment income of $12.8 billion. That amount helped push the Fund’s total unaudited net asset value to an all-time high of $75.1 … WebJun 27, 2024 · The stakes are high for PSERS, the $67 billion Public School Employees’ Retirement System. The fund, one of the top 25 in the nation, takes in money from taxpayers, working teachers and its own investment returns and sends out more than $6 billion yearly in retirement checks to 265,000 pensioners. http://www.sers.pa.gov/ connecting razer kraken headset to pc