• Coming soon: Pension increases

    Coming soon: Pension increases

    PSPRS, CORP and EORP retirees to receive 2 percent increases.

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  • 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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Public Safety Personnel

Corrections Officer

Elected Officials

System Updates

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PSPRS investment chief Ryan Parham retires after 14 years

Deputy CIO Mark Steed named interim investment leader during CIO search.

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Public safety retirees to receive pension increases

Two percent increase for most retirees/beneficiaries after Prop 124 passage.

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Board lowers assumed earnings rate

Effect to be reflected in Tiers 1, 2 rates starting July 2020.

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EORP contribution rate increase signed into law

Actuarially determined rate of 61.5 percent starts in July.

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