• Service purchase refunds and discount period underway

    Service purchase refunds and discount period underway

    Some post-July 2017 buybacks impacted; discounted service purchase cost period opens

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  • Tier 1b members: DROP rollbacks underway

    Tier 1b members: DROP rollbacks underway

    About 1,300 active Tier 1b retirees and members are expected to be affected by the refunds and interest recalculations that PSPRS is working to complete by June 30, 2019.

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  • Mark Steed named PSPRS Chief Investment Officer

    Mark Steed named PSPRS Chief Investment Officer

    Following a national search that produced dozens of candidates who sought to manage the agency’s billion investment portfolio, Steed was promoted.

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  • 50th Anniversary of PSPRS

    50th Anniversary of PSPRS

    On March 14, 1968, PSPRS and a unified retirement system for first-responders were created with the signing of Senate bills 224 and 211. 

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Public Safety Personnel

Corrections Officer

Elected Officials

Upcoming Board of Trustees Meeting - March 27, 2019

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System Updates

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Service purchase refunds and discount purchase period

Trustees rollback prompts partial refunds to some post-July 1, 2017, service purchases; discounted service purchase cost period open until July 1, 2019

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Employer contribution rates available online

Funding trends positively while individual rates vary; PSPRS board elects to continue current Tier 3 rates.

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DROP rollback for Tier 1b members

What’s next with the contributory DROP rollback?

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PSPRS staff among top pension investors

Notable industry publication cites honorees’ creativity, contribution to long-term growth.

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