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PA’s Pension System Subject of Discussion During Budget Hearings

As Pennsylvania’s budget hearings progress, the General Assembly has and will continue to include significant discussion of the state’s two largest pension funds, the State Employee Retirement System (SERS) and the Public School Employee Retirement System (PSERS).  Understanding the state’s pension funding situation can be difficult and misleading on a normal day, but even more so during the intense nature of the Commonwealth’s budget hearings. Read More