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The Private Education Retirement Annuity Association was formally organized on September 2, 1972 with the signing of the Trust Agreement. There were 22 founding members* of PERAA though only 14 institutions, who braved the gloomy weather, made it that night. Established as a private, non-profit, employees trust under the auspices of Fund for Assistance to Private Education, PERAA is the first comprehensive retirement program in the country. It was modeled after the Teachers Insurance Annuity Association - College Retirement Equity Fund or TIAA-CREF (the multi-billion dollar retirement system for teachers in the U.S.). Today, it has evolved into a solid,...
Private education retirement annuity association operates in the Financial services industry.
Private education retirement annuity association's revenue is 11m - 100m
Private education retirement annuity association has 11 - 50 employees.
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