Strong Returns Reduce Member Rates
June 24, 2026 | Pension Analysis
The IFO published a new research brief that details potential savings from shared-gain provisions at the two state pension systems beginning in FY 2026-27 (SERS) and FY 2027-28 (PSERS). Using data from the most recent actuarial valuations and current market conditions, the brief estimates that SERS members will save $15 million per annum and PSERS members will save $41 million per annum for three fiscal years, and that savings will grow as salaries grow. Examples for employees in different membership classes and wage levels are also provided.