Tag: Pennsylvania PERS

Newsmakers January 3, 2019

Pennsylvania Pension Revamp Starts, Barring New Hires from Legacy Plan

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.

Newsmakers September 24, 2018

Two Biggest Pennsylvania Public Pension Funds Underreported $3.8 Billion in PE Fees, Oxford Professor Says

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

Newsmakers August 2, 2018

Pennsylvania Pension Panel Looks to Cut Investment Managers’ Fees

Study group searches for ways to bridge shortfall in state workers’ and teachers’ plans.