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July 20, 2016

Important Notice for Members in Allegheny, Fayette, Green, and Washington counties:

On August 30, 2016, PSERS Southwest Regional Office will relocate to:

300  Cedar Ridge Drive, Suite 301
Pittsburgh, PA 15205-9778

New Phone Number (Local): 412.920.2014
New Fax Number: 412.920.2015


July 18, 2016

FFYF Date Change in Lehigh County  

Please note the date of the upcoming Foundations for Your Future meeting in Lehigh County has been changed. It was previously scheduled for July 28th but has been rescheduled for Friday July 29, 2016. The location and time are remaining the same. 


June 10, 2016

Press Release

The Public School Employees' Retirement System (PSERS) Board of Trustees met today. Ms. Virginia Lastner, of Devon, Chester County, was elected to PSERS Board. PSERS Board also adopted new demographic and economic assumptions from its Five-Year Experience Study


April 1, 2016

PSERB Active Certified Member Elections

The Public School Employees' Retirement System (PSERS) Board of Trustees will conduct two active certified member elections this fall.

One election will be a full three-year term, from January 1, 2017, to December 31, 2019.
• The second election will be a special election will be for a four-year term, commencing January 1, 2017, through December 31, 2020.

Members who desire to run in either the regular or special election for the active certified seats must:

• Be an active certified member of PSERS. (Certified members are those in a position requiring certification by the Department of Education.)
• Choose between running with a three-year term (“Seat A”) or the election to complete the remainder of the existing term and a subsequent three-year term (“Seat B”).  You may not run for more than one seat.
• Submit an affidavit and nominating petition with 500 or more valid signatures of other PSERS active certified members.
• Submit a completed biographical form.

To receive a nomination packet and more information on the duties and responsi­bilities of Board members, interested active members may email, fax, or write to:

Lori Koch, PSERS Election Coordinator
5 N 5th Street
Harrisburg PA 17101-1905
Email: lorkoch@pa.gov
Fax: 717.772.5372

Your completed affidavit, nominating petition, and biographical form must be returned to Ms. Koch at the email address, mailing address, or fax above by 4:30 p.m. on July 8, 2016.  Late receipt will disqualify any candidate from the election ballot.

For more information click here...


April 1, 2016

PSERB Annuitant Member Election 

The Public School Employees' Retirement System (PSERS) Board of Trustees will conduct an annuitant member election this fall for an annuitant member to serve a three-year term on the Board from January 1, 2017, to December 31, 2019.

Members who desire to run in the annuitant election must:

• Be an annuitant member of PSERS.
• Submit an affidavit and nominating petition with 125 or more valid signatures of other PSERS annuitant members.
• Submit a completed biographical form.

To receive a nomination packet and more information on the duties and responsibilities of Board members, interested annuitant members may email, fax, or write to:

Lori Koch, PSERS Election Coordinator
5 N 5th Street
Harrisburg PA 17101-1905
Email: lorkoch@pa.gov
Fax: 717.772.5372

Your completed affidavit, nominating petition, and biographical form must be returned to Ms. Koch at the email address, mailing address, or fax above by 4:30 p.m. on July 8, 2016.

For more information click here...


March 18, 2016

PSERS HOP Invitation for Application – IFA 2016-01

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 2017 Health Options Program.  A nonbinding letter of intent to apply is due April 15, 2016. The fully completed application is due May 13, 2016. Proposed rates for 2017 are due June 8, 2016. There are five Parts to the Invitation for Application, plus one attached Form. Instructions are included in the various documents. Please click on each link to download the document:

Part I  – General Information
Part II – Contractor Requirements and Vendor Qualification
Part III – Application
Part IV – Contract Document
Part V – Commonwealth Standard Contract Terms
Form A – Trade Secret Confidential Proprietary Information Notice Form


March 11, 2016

Press Release

PSERS holds annual organizational meeting - Melva S. Vogler re-elected Chairman and James M. Sando re-elected Vice Chairman of PSERS’ Board of Trustees.


March 8, 2016

Attention PSERS members:

PSERS’ House Appropriations budget hearing took place on March 7, 2016. PSERS On Point - Budget Report Highlights and the FY 2016-2017 Budget Hearing Report have been posted to PSERS’ website.  We are pleased to present these detailed reports to our members, employers, and stakeholders.


March 7, 2016

Attention All PSERS Members: Notice of Email Scam

It has been brought to the Public School Employees’ Retirement System’s (PSERS) attention that there is a fraudulent email claiming to originate from “PSERS Retirement System”.

The subject line of the email indicates "3 PSERS Retirement System Alerts". The narrative of the email provides supposed alerts regarding funds at risk due to stock market declines, scholarship program availability and scheduling a retirement planning session with PSERS. There are various links to click throughout the email relating to the individual topics that are presented. Those links redirect the user to websites not affiliated with PSERS or the Commonwealth of PA. 

Click here for more information...


January 29, 2016

PSERS Tax Qualification

An application is to be made to the Internal Revenue Service for an advance determination on the qualification of the following employee pension benefit plan.

The application will be filed on or before February 1, 2016 for an advance determination as to whether PSERS meets the requirements of Section 401(a) of the Internal Revenue Code of 1986, as amended, with respect to the qualification of PSERS.

You may submit to the Internal Revenue Service, either individually or jointly with other interested parties, your comments as to whether PSERS meets the qualification requirements of the Internal Revenue Code. 

Read More...


January 21, 2016

Form 1099-R Mailings

Forms 1099-R are mailed by PSERS by the last business day of January.  Due to volumes, not all Forms 1099-R are mailed the same day. To allow for mail delivery time, it is requested that you wait until February 10 to contact PSERS if you have not received your Form 1099-R.  If you have received payments from PSERS and do not receive your Form 1099-R by February 10, you can contact PSERS for a duplicate copy of your Form 1099-R or you can obtain a copy through Interaction (the secure member login portion of the PSERS website).   Forms 1099-R will be available on Interaction on February 2.   More information regarding Form 1099-R can be found here: http://www.psers.state.pa.us/retired/taxesonbene2.htm

 

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