Skip to content
Business
Link copied to clipboard
Link copied to clipboard

PSERS trustees brag plan is ‘number one,’ staff warns of risk ahead

Pa. teachers' pension plan reported returns beat markets, staff warns of second-quarter markdowns ahead

A PSERS consultant report showed high investment returns for the first quarter of 2022 which also boosted the system's performance compared to other states. But staff acknowledged the data excludes data for PSERS' extensive private equity and real estate for the quarter, as markets fell and interest rates rose
A PSERS consultant report showed high investment returns for the first quarter of 2022 which also boosted the system's performance compared to other states. But staff acknowledged the data excludes data for PSERS' extensive private equity and real estate for the quarter, as markets fell and interest rates roseRead morePSERS