Pennsylvania State Employees' Retirement System

Pennsylvania State Employees’ Retirement System (also known as SERS) is an independent administrative board of the Commonwealth of Pennsylvania that manages the public pension system for state employees in Pennsylvania. It was founded on March 13, 1923.[2]

Pennsylvania State Employees’ Retirement System
Founded1923
Headquarters30 North Third Street
Harrisburg, Pennsylvania
Total assets$34.5 billion [1] (2020)
Websitehttp://sers.pa.gov

Investments

As of February 2021 the fund holds $30 billion in assets.[3]

See also

References

  1. "Press Release, "Penn SERS Investments Earned More Than 11% Return In 2020"" (PDF).{{cite web}}: CS1 maint: url-status (link)
  2. "SERS Introduction". SERS Member Handbook Content. Pennsylvania State Employees’ Retirement System. 2009-09-21.
  3. DiStefano, Joseph N. "Pa. Treasurer Joe Torsella tried to reform the state's biggest pension funds. Then he lost his job". The Philadelphia Inquirer. Retrieved 2021-02-22.{{cite web}}: CS1 maint: url-status (link)


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.