As of the end of the fourth quarter of 2021, the Federal Reserve calculated that U.S. public pensions held $5.85 trillion in assets. This staggering collective value alone places a target on pension systems from a myriad of individuals and groups…
SERS’ Board and staff recognize the gravity of the unprovoked Russian incursion into sovereign Ukraine and its effect on the world. We admire the resolve of the Ukrainian people and support their continuing efforts to defend their peaceful nation. SERS supports…
SERS’ Board and staff recognize the gravity of the unprovoked Russian incursion into sovereign Ukraine and its effect on the world. We admire the resolve of the Ukrainian people and support their continuing efforts to defend their peaceful nation. Ultimately, responsibly…
The Annual Comprehensive Financial Report (ACFR) contains detailed information about SERS’ financial operations, which include major initiatives and highlights, investments, and funding for the period from July 1, 2020 to June 30, 2021. The Summary Annual Financial Report (SAFR) is an overview of the…
Join us today in celebrating the School Lunch Heroes of our public schools! School nutrition staff worked tirelessly to take care of their students both inside and outside the cafeteria during the pandemic, ensuring students in need did not miss a…
Any time the federal government earmarks funding for state and local governments, some legislators express concerns that once the money is delivered to the states it will be used to “bail out” public pension funds instead of its intended purpose. While…
UPDATE (March 26): the special enrollment deadline has been extended to August 15, 2021. Original story (February 15, 2021): The federal government is reopening the Health Insurance Marketplace beginning February 15 through May 15, 2021, to assist Americans who remain uninsured…
From time to time, SERS is notified of suspicious calls where the caller states they are contacting the member or retiree on behalf of SERS or to discuss SERS benefits. While SERS may occasionally call you regarding your account, we ask…
The Annual Financial Report contains detailed information about SERS’ financial operations, which include major initiatives and highlights, investments, and funding for the period from July 1, 2019 to June 30, 2020. The Summary Annual Financial Report (SAFR) is an overview of…
SERS has demonstrated a longstanding commitment to transparency, accountability, and trust through its public access of financial reports, availability of investment information, and reporting of its monthly Board meetings. As a responsible steward of SERS’ assets, the System continually looks for…
