SERS 2021 Supplemental Budget Book Released
The budget book provides detailed information about the retirement plans SERS administered in 2020 and proposed budgets for 2021. Key data is provided in a budget handout that includes the budget highlights, snapshots of data for each SERS-administered retirement plan, and the 2020 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 Plan; and participant information, and investment options and performance information for the supplemental, voluntary Deferred Compensation Plan. You’ll also find participant information, and investment options and performance information for the Defined Contribution Plan; and participant information for the Hybrid Plan.