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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 ...
Pennsylvania State Board of Censors. Pennsylvania Department of Commerce; Pennsylvania Department of Community Affairs; These two departments were merged to form the Pennsylvania Department of Community and Economic Development. Pennsylvania Department of Environmental Resources; Pennsylvania Department of Forests and Water
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
In February 2021, Torsella was appointed to the Pennsylvania Public School Employees' Retirement System (PSERS) Board of Trustees by Governor Tom Wolf. [72] 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 ...
Pennsylvania Municipal Retirement System (also known as PMRS) is an independent state agency of the Commonwealth of Pennsylvania that manages the public pension system for some municipal employees in Pennsylvania. It was founded in 1974.
He sat on the House Judiciary, State Government, Insurance, and Labor Relations Committees. It was announced on May 14, 2015 that Representative Grell would be stepping down from the House of Representatives effective April 30, 2015 to serve as executive director of the Public School Employees' Retirement System (PSERS).
The Pennsylvania Department of Human Services is a state agency in Pennsylvania [2] tasked to provide care and support to vulnerable citizens. With a range of program offices, the department administers various services including eligibility determination, foster care, early childhood development, services for individuals with disabilities, long-term living programs, and management of ...