Pennsylvania Public School Employees' Retirement System
Encyclopedia
Pennsylvania Public School Employees' Retirement System (also known as PSERS) is an independent administrative board of the Commonwealth of Pennsylvania that manages the public pension system for educational employees in Pennsylvania. It was established by an act of the Pennsylvania General Assembly
on July 1, 1919. Os of December 31, 2008, the pension fund amounted to $45.4 billion.
Pennsylvania General Assembly
The Pennsylvania General Assembly is the state legislature of the U.S. state of Pennsylvania. The legislature convenes in the State Capitol building in Harrisburg. In colonial times , the legislature was known as the Pennsylvania Provincial Assembly. Since the Constitution of 1776, written by...
on July 1, 1919. Os of December 31, 2008, the pension fund amounted to $45.4 billion.