WebJun 8, 2024 · PSERS is short for the Public School Employees’ Retirement System. One of the nation’s biggest pension plans, it sends out more than $6 billion in checks yearly to 265,000 former teachers and other retired staff from public schools. It is supported by its investments and by payments from working educators and taxpayers. WebThe Pennsylvania Public School Employees Retirement System, or PSERS, carries a $45.5 billion unfunded liability. The issue trickles down to the state’s 500 school districts, where elected officials routinely raise property taxes to cover growing retirement costs. ... and a federal investigation into decisions the board made. Now, many PSERS ...
Facing FBI probe, PSERS backtracks on disclosure that staffers …
WebApr 20, 2024 · Unnamed consultants alerted PSERS last month to miscalculations in the rate that put the average return closer to 6.34%, triggering a contribution increase. “The Board regrets the uncertainty and confusion caused by these errors,” PSERS board of trustees said in a news release Monday. “PSERS will begin work immediately to notify school ... WebOct 4, 2024 · The board for PSERS is made up of volunteers, serving to represent various constituencies, most of whom serve in elected posts. Four are elected state lawmakers. One is the state’s elected... sd thicket\\u0027s
Public School Employees Retirement System (PSERS) - Employees
Webthe Board of Health is required to take immediate action to prevent blindness. M.G.L. c. 111, s. 110. Physicians and hospital officers are required to submit to Boards of Health reports … WebBoard Information The Board, consisting of fifteen members, is an independent administrative board of the Commonwealth. The members of the Board stand in a … 1 The ex-officio members consisting of Secretary of Education, Treasurer of the … Friday, March 31, 2024, Board Meeting Agenda: 9:00 A.M. Board Meeting … WebAug 2, 2024 · PSERS board member Melva S. Vogler, 87, shown during a recent board meeting, is the longest serving member currently on the panel. A longtime leader within the main union for Pennsylvania teachers, Vogler has been a staunch backer of the pension fund's executives. "I have no complaints," she says. Read more TYGER WILLIAMS / Staff … sd thimble\\u0027s