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The Public School Employees’ Retirement System (PSERS) is a pension fund for public school employees in the Commonwealth of Pennsylvania.Eligible members include all full-time public school employees, part-time hourly public school employees who render at least 500 hours of service in the school year, and part-time per diem public school employees who render at least 80 days of service in ...
By 1994, "Pennsylvania's state pension funds [had] the most active program of in-state investments in the country," according to the Richmond Times-Dispatch, which also noted that Pennsylvania's pension system had "committed $259.5 million to venture capital funds that invest in the state or in out-of-state companies that create jobs in ...
Circa the late 1960s the number of school districts was 2,277. The state government had passed laws encouraging these districts to merge with one another, so the figure fell to 669, and then 501, in the 1970s and then in 1981. [1] There are approximately 500 public school districts in Pennsylvania as of 2023.
James and her unlucky former colleagues retired before the enactment of a 2001 state law known as Act 9 that increased pension benefits for public workers. Some of those 70,000 people, whose ...
In February 2021, Torsella was appointed to the Pennsylvania Public School Employees' Retirement System (PSERS) Board of Trustees by Governor Tom Wolf. The appointment is Torsella's first for the board but would result in his second time as a board member, after serving as an ex-officio member of both PSERS and the State Employees' Retirement ...
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005).; Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
The 10 highest paid school superintendents in Pennsylvania last year were all in school districts in southeastern Pennsylvania at salaries between $275,980 to $340,000, according to recent salary ...
Education in theUnited States. There are numerous elementary, secondary, and higher institutions of learning in the Commonwealth of Pennsylvania, which is home to 500 public school districts, thousands of private schools, many publicly funded colleges and universities, and over 100 private institutions of higher education.