Funding trends positively while individual rates vary; PSPRS board elects to continue current Tier 3 rates.
Coming soon: Pension increases
PSPRS, CORP and EORP retirees to receive 2 percent increases.
Service purchase refunds and discount period underway
Some post-July 2017 buybacks impacted; discounted service purchase cost period opens
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.
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.
System UpdatesView All
Employer contribution rates available online
DROP rollback for Tier 1b members
What’s next with the contributory DROP rollback?