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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 ...
According to State Rep. Glen Grell, a trustee of the Pennsylvania Public School Employees’ Retirement System Board, a 40-year educator can retire with a pension equal to 100 percent of their final salary. [70] In 2007, the district employed 99 teachers. The average teacher salary in the district was $48,400 for 180 school days worked. [71]
The entrance to the T.R.S. Building on Red River Street in Austin. Teacher Retirement System of Texas (TRS) is a public pension plan of the State of Texas.Established in 1937, TRS provides retirement and related benefits for those employed by the public schools, colleges, and universities supported by the State of Texas and manages a $180 billion trust fund established to finance member benefits.
In 1997, retirement system executives faced increasing pressure to divest the system from its holdings in cigarette manufacturers, tobacco companies and tobacco-related stock. [12] In 2000, the Pennsylvania State Employees’ Retirement System was documented as a co-owner of the Willow Grove Park Mall in Abington, Pennsylvania. [13]
Teacher Retirement System of Texas: $146,326 $146,326 79.7% 8.0% 7 New York State Teachers: $115,637 $115,637 94.2% 7.5% 8 State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 Ohio Public Employees Retirement ...
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]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 ...
She retires Sunday after 31 years at STRS, one of the nation’s oldest and largest public pension funds. Its more than 500,000 members include active and inactive public school teachers and retirees.
The district covers approximately 71.4 square miles (185 km 2) in central Venango County. According to 2000 federal census data, the district serves a resident population of 16,270. In 2009, the district residents' per capita income was $15,503, while the median family income was $38,401. [2]