Updates & Press Releases

  • Pension increases coming for retirees

    Ballot props 124 and 125 trigger 2 percent increases.

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  • Global financial expert and CEO Jim Ameduri appointed to PSPRS Board of Trustees

    “Exactly the right skillset,” Chairman Buividas says of Ameduri.

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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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  • Municipal financial professional Scott McCarty appointed to PSPRS Board of Trustees

    McCarty has served nearly three decades in public service.

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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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  • Retiree Health Insurance Open Enrollment FAQs

    Retiree Health Insurance 2019 Open Enrollment Season is here!

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  • Proposition 125: Frequently Asked Questions

    On the November general election ballot voters will have the opportunity to vote on Proposition 125.

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  • PSPRS generates $660 million in returns for FY18

    7.76 percent gross return rate helps trust tops $10 billion in assets.

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  • Mark Steed named PSPRS Chief Investment Officer

    Administrator Smout praises Steed as "right fit" for new era.

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  • Journal of Index Investing publishes PSPRS research

    Bill Thatcher's index vs. active funds work continues to generate interest.

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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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  • PSPRS private equity investments outperform critical industry benchmarks

    10-year returns surpass bull market and peer fund gains, says consultant.

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  • 50th Anniversary of PSPRS

    A look back at how the agency was created, and what was going on locally and nationally in 1968.

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  • CORP benefits changing for new hires

    All corrections hires after July 1, 2018, to use 401(a) accounts.

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  • New Local Board portal improves flow, functionality

    The launch of the new portal includes upgrades to the reports and retirement estimator.

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