Pension Incentives
1. Stay in school: This one may seem obvious, but the key to maximizing a pension is to stay in the pension plan as long as possible, or...
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Bob Sage
- Nov 12, 2014
- 2 min
PSERS - The Fix
$14.0B - Employer Funding Deferrals $9.0B - Investment under-performance $8.9B - Unfunded Benefit Enhancements $0.8B - Divergence...
Bob Sage
- Oct 30, 2014
- 1 min
PSERS Crisis - How did this happen?
Act 9 gave away additional benefits without putting in place funding for them Act 38, 40, and 46 cut contributions from employers and the...
Bob Sage
- Oct 26, 2014
- 1 min
PSERS - How bad is the under-funding?
Each current working PSERS member makes a one-time payment of $127,000 into PSERS Each PA school district makes a one-time payment of $62...
Bob Sage
- Oct 19, 2014
- 2 min
PSERS - How does Pension Valuation Work?
How much money has been contributed into the fund when Anne concludes her service? How much money is in the fund when Anne starts drawing...
Bob Sage
- Oct 6, 2014
- 1 min
PSERS - How are benefits earned?
When considering teacher and administrator compensation, we must consider the value of pension benefits that are earned. This benefit...
Bob Sage
- Oct 3, 2014
- 1 min
What is PSERS?
Earn more from the investment portfolio (take more risk) Raise contribution rates for those still working and contributing to the plan...
Bob Sage
- Sep 29, 2014
- 1 min
PSERS - An Emerging Problem
What is PSERS? How are benefits earned ? How is PSERS funded? How does pension valuation work? How bad is the under-funding? How did this...
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