Pension Fund Sustainability

SERS’ pension fund is designed to be sustainable and adaptive to meet the needs of its members, employers, and retirees.

To maintain sustainability and adaptability, the SERS Board of Trustees began regular discussions on plan design to ensure the System is in the position to withstand changes in member demographics, investment experience, and financial pressures.


Summary of the Board’s Pension Fund Sustainability Discussions
Date Discussion
July 17, 2019 Topics for Exploration
September 20, 2019 Exploring Purpose and Structure
October 17, 2019 Defining the SERS Mission
November 21, 2019 Data Informs Dialogue
December 19, 2019 Preparing for 2020
February 19, 2020 Finalizing Plan Design Elements and Subgroups
May 22, 2020 Revisiting Topics for Exploration
June 26, 2020 Identifying Potential Risks
August 20, 2020 Equity and Cash Flow



Health Care Sustainability

SERS’ approach to health care focuses on program sustainability and access to quality care.


Summary of the Board’s Health Care Sustainability Discussions
Date Discussion
July 17, 2019 How Did We Get Here and Where Are We Now?
September 19, 2019 Subsidies, Eligibility, and Expenses



Sustainability Links

April 2021 Board Query Packet

March 2021 Board Query Packet

Benefit Changes Timeline – March 2021

September 2020 Board Query Packet

Cavanaugh Macdonald Risk Assessment Presentation – June 2020

Projected Cash Flows Based on Three Population Growth Scenarios – June 2020

SERS Board Query: Topics Identified During May Session – June 2020

SERS Update: Sustainability Edition – December 2019

SERS Board Query: Pension Sustainability Data – December 2019

SERS Board Query: Member and Retiree Demographics – November 2019

Proposed Pension Sustainability Initiative Process and Outline – September 2019

Health Care Sustainability Presentation – September 2019

Board Retreat Agenda and Topics for Exploration (Prepared by Michael Perri and Michele Berry of Lincoln Crow Strategies) – July 2019

Health Care Sustainability Presentation – July 2019

SERS Through the Decades – A collection of handouts and timelines outlining SERS’ financial, demographic, and health care information for each decade


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