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Pennsylvania Public School Employees Retirement System (PSERS)

Government Administration

Specialities :
Pennsylvania retirement
Public pension
Defined benefit
And defined contribution
revenue-icon Revenue
11M - 100M
funding-icon Total Funding
--
size-icon Size
51 - 200

Frequently Asked Questions About Pennsylvania Public School Employees Retirement System (PSERS)

What does Pennsylvania public school employees retirement system (psers) do?+

PSERS, founded in 1917, began operations in 1919 to oversee a statewide defined benefit pension plan for public school employees. PSERS role expanded upon the passage of Act 5 of 2017 to include oversight of two new hybrid options consisting of defined benefit and defined contribution (DC) components and a stand-alone DC plan. As of Dec. 31, 2021, PSERS had net assets of $75.1 billion and a membership of about 256,000 active, 240,000 retired school employees and 26,000 vested inactive members

What are Pennsylvania public school employees retirement system (psers)'s specialties? +

Pennsylvania retirement,public pension,defined benefit,and defined contribution

What is Pennsylvania public school employees retirement system (psers)'s industry? +

Pennsylvania public school employees retirement system (psers) operates in the Government administration industry.

What is Pennsylvania public school employees retirement system (psers)'s revenue? +

Pennsylvania public school employees retirement system (psers)'s revenue is 11m - 100m

What is Pennsylvania public school employees retirement system (psers)'s company size? +

Pennsylvania public school employees retirement system (psers) has 51 - 200 employees.

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