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

- Jun 2, 2015
- 3 min

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...

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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