Newsmakers
Pennsylvania SERS Approves $286 Million in New Commitments
State retirement system board also confirms James Nolan as acting CIO.
Tag: Pennsylvania State Employees Retirement System (SERS)
Corporate Moves
Bryan Lewis, Pennsylvania SERS’s CIO, Is Leaving
Deputy CIO James Nolan recommended to serve in interim by investment committee.
Risk
Pennsylvania SERS Loses 4.6% in 2018
Funded ratio falls to 56% as portfolio has worst calendar year in a decade.
Newsmakers
Actuarial Report Prompts PennSERS Board to Lower Employer Contributions
Board approves nearly $300 million in private equity, multi-strategy investments.
Pennsylvania Retirement System Approves $250 Million in New Investments
Board also reallocates $1 billion within its portfolio.