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News and Updates
07/10/2014
PA SERS Selects Firm for Chief Investment Officer Search
Korn/Ferry International Wins Competitive Bid

The Pennsylvania State Employees’ Retirement Board today voted to approve the selection of Korn/Ferry International to conduct an executive search for the system’s next Chief Investment Officer ...


06/24/2014
PA SERS Releases Comprehensive Annual Financial Report for 2013
The Pennsylvania State Employees' Retirement System (SERS) today released its 2013 Comprehensive Annual Financial Report (CAFR) that details the audited financial statements of the system for the year, as well as investment, actuarial and statistical information ...


06/13/2014
Hazleton Area Member Update:
Regional Counseling Center Has Moved

After many years at the same location, we’re moving our region 5 counseling center from Hazleton to ...


06/11/2014
PA SERS Reports First Quarter Investment Performance
Directs $50 million to Alternative Investments

The Pennsylvania State Employees’ Retirement System announced earning a net-of-fees return of 2.7% on investments for the first quarter of 2014, which added approximately $726 million to the fund ...


04/30/2014
PA SERS Adopts Employer Contribution Rate
Reviews Key Results of the 2013 Actuarial Valuation and Investment Allocation Targets

The Board of the Pennsylvania State Employees’ Retirement System today moved to set a composite employer contribution rate of 20.5% of payroll for FY 2014-15, to adjust its 10-year asset allocation targets, and to maintain its 7.5% assumed investment rate of return ...





 

 

 

 

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