100 Year Old Pension Has New Trustees

Posted on 05/19/2023

Since 1923, Pennsylvania’s retirement system has been in operation. It offers Defined Benefit Plans, Defined Contribution Plans, Hybrid Plans, and Deferred Compensation Plans. Major investments are common and preferred stocks, fixed income, and private equity, with smaller positions in real estate, comingled funds, and hedge funds. Pennsylvania Governor Josh Shapiro has chosen trustees for unpaid…

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