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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 ...
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The median amount in those retirement accounts is $86,900, the analysis said. For those closer to retirement age, ages 55 to 64, the median amount held in a retirement account in 2022 was $185,000 ...
However, her plans for retirement took an unexpected turn when she discovered the intricacies of the pension system. When she retired, Cosgrove's reduced payments affected her ability to pay bills ...
The outgoing head of Ohio's troubled teachers retirement system said that she is leaving the fund in strong fiscal condition, despite the turmoil at the top that her successor will inherit. In a ...
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