Press Release:  Fund reports positive investment performance for the fiscal year ended June 30, 2010 and announces award for financial reporting

PSERS Board of Trustees Recertifies Employer Contribution Rate As a result of passage of the Fiscal Code Bill (S.B. 1042) that accompanied the Commonwealth's General Fund Budget (H.B. 2283), the PSERS Board of Trustees met on Friday, July 23, 2010 and recertified the employer contribution rate from 8.22 percent to 5.64 percent. This recertification supersedes the previous certification of 8.22% which was to begin July 1, 2010. For more information and to read the resolutions passed in conjunction with the recertification click here for PSERB Resolution 2010-26 and PSERB Resolution 2010-27.

PSERS HOP Invitation for Application - June 28, 2010. PSERS has posted the Invitation for Application documents for managed care organizations to apply to provide Medicare Advantage and pre-65 managed care plans for the 2011 Health Options Program. Applications are due July 14, 2010. There are five contract documents. Please click on each link to download the document: