All corrections hires after July 1, 2018, to use 401(a) accounts.
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.
Upcoming Board of Trustees Meeting - August 28, 2019View All
System UpdatesView All
CORP benefits changing for new hiresFebruary 16, 2018
New Local Board portal improves flow, functionalityFebruary 08, 2018
The launch of the new portal includes upgrades to the reports and retirement estimator.
PSPRS built to protect your retirement through stock shocksFebruary 06, 2018
This week's stock market drop has some worried about their retirement money, but PSPRS is keeping it safe.
Employer contribution rates are now availableDecember 22, 2017
Positive trend for overall funding level, but individual contribution rates vary