03/20/2025
Active Members: Your 2024 SERS Statement is Now Available

Your 2024 SERS statement is now available in your online account.

Print copies are scheduled to mail directly from our print and mail vendor in Claysburg, PA on Monday.

Your statement provides a snapshot of all your SERS retirement plans as of December 31, 2024, whether you have one or multiple SERS retirement plans. The statement lists the number of beneficiaries you have on file for each plan. Beneficiaries are plan specific, so if you contribute to more than one SERS retirement plan, you will need to name beneficiaries for each plan.

Please review your annual statement for accuracy and keep it with your other important financial documents. Your combined statement will help you plan for your retirement.

If you do not receive your member statement by April 4, 2025, please contact a SERS plan specialist at ra-sersretc@pa.gov or 1.800.633.5461.

If you would like to receive member updates directly to your e-mail, sign up here.

03/04/2025

Penn SERS Investments Earned More than 9.8% in 2024
Returns Added Approximately $3.5 Billion for Pension Benefits

HARRISBURG – The Pennsylvania State Employees’ Retirement Board, meeting here today, received investment reports detailing a 9.8% return in 2024 that added approximately $3.5 billion to the SERS Fund for pension benefits.

Learn more

02/24/2025

SERS 2025 Supplemental Budget Book Released

The budget book provides detailed information about the retirement plans SERS administered in 2024 and proposed budgets for commonwealth fiscal year 2025-26. Key data is provided in a budget handout that includes the budget highlights, snapshots of data for each SERS-administered retirement plan, and the 2024 Pension Payments By County map.

As in years past, the budget book includes investment performance, member demographics, actuarial information, and employer funding projections for the Defined Benefit (pension) Plan, and participant information, and investment options and performance information for both the Defined Contribution Plan and the supplemental, voluntary Deferred Compensation Plan. You’ll also find information on the Hybrid Plan that is the default plan for most state employees hired since 2019, in which a portion of the employee’s retirement benefit comes from the Defined Benefit (pension) Plan and a portion comes from the Defined Contribution (investment) Plan.

01/22/2025

Retirees: Your Annual Statement Is in the Mail

Today, we mailed your Personal Statement of Pension Payments, featuring the 2025 payment calendar, directly from our print and mail vendor in Claysburg, PA. A copy of your statement will be available in your online member services account tomorrow.

If you would like to receive retiree updates directly to your e-mail, sign up here.