You are welcome to sign up to have SERS' press releases and board meeting agendas automatically emailed to you. If you are a member of the media working on a story, email your questions to phile@pa.gov or call our communications office at 717.787.9657. It's helpful to let us know if you're working on a deadline and which media outlet you represent.
03/24/2025
Active Members: Your 2024 SERS Statement is In the Mail
Your 2024 SERS statement has mailed from our print-and-mail vendor in Claysburg, PA.
While you can view and print your statement in your online account now, we have also mailed you a hard copy. Please allow ten days for delivery.
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.
03/20/2025
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
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.
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.
02/05/2025
Winter Weather Closes Offices to In-Person Services, Staff Working Remotely
In following the Governor’s direction, the Bensalem, Harrisburg, & Wilkes-Barre regional offices will be closed to in-person services tomorrow, Thurs. 2/6/2025, due to forecasted winter weather.
Plan specialists and other staff will be working remotely.
02/04/2025
State College Regional Office Closed to Public
The State College regional office will be closed to in-person services on Fri, Feb. 14, 2025, due to water system maintenance in the office.
Plan specialists and other staff will be supporting members remotely.
01/31/2025
Winter Weather Closes Wilkes-Barre Regional Office, Staff Working Remotely
The Wilkes-Barre regional office will be closed to in-person services today.
Plan specialists and other staff will be working remotely.
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.
01/14/2025
1099-R Tax Documents Are in the Mail
Today we mailed your 1099-R tax documents directly from our print and mail vendor in Claysburg, PA. If you do not receive your 1099-R tax documents by January 29, 2025, please contact a SERS Defined Benefit Plan Specialist at 1.800.633.5461.
You can expect your account statement, featuring the 2025 payment calendar, in about a week. It, too, will be mailed from Claysburg.
01/06/2025
Winter Weather Closes Regional Offices, Staff Working Remotely
The Bensalem, Harrisburg, Pittsburgh, and State College Area regional offices will be closed to in-person services today.
Plan specialists and other staff will be working remotely.
The Montoursville, Seneca, and Wilkes-Barre offices are open today.
12/10/2024
Penn SERS Announces Investment Performance
Pension Fund Investments Up 10% Heading Into 4th Quarter
HARRISBURG – The Pennsylvania State Employees’ Retirement Board, meeting here today, received investment return reports detailing a 10.03% gain for the first nine months of calendar year 2024.
12/6/2024
Regional Offices Remain Closed Due to Winter Weather
The Pittsburgh and Wilkes-Barre regional offices will be closed to in-person services today, Thurs. Dec. 6, 2024.
Plan specialists and other staff will be working remotely.
12/5/2024
Winter Weather Closes Regional Offices
The Pittsburgh, Seneca and Wilkes-Barre regional offices will be closed to in-person services today, Thurs. Dec. 5, 2024.
Plan specialists and other staff will be working remotely.
11/22/2024
Icy Weather Closes Regional Office
The Wilkes-Barre regional office will be closed to in-person services today.
Plan specialists and other staff will be working remotely.
10/30/2024
New & Updated Online Services Debuted Today
Earlier today, we updated services available in members’ online accounts.
If you are an active member currently working for a SERS employer or left state employment after qualifying for monthly pension payments but haven’t yet applied for them, you can now estimate your monthly pension reflecting a partial withdrawal of your contributions and interest.
If you are retired or receive payments from SERS as a beneficiary or survivor of a deceased SERS member, you can now produce a pension verification reflecting the payment data pulled from your member record. You also can now compare how changes to various fields on the new IRS W-4P form will impact the amount of money withheld from your payments for federal income tax purposes.
You’ll need to sign into your online account to use these new or updated services.
HARRISBURG – The Pennsylvania State Employees’ Retirement Board, meeting here today, received reports on investment performance as of June 30 and its annual stress testing and risk assessment of the Defined Benefit (pension) Plan.
HARRISBURG – The Pennsylvania State Employees’ Retirement System today announced Empower as the winning bidder in its Board’s request for proposal (RFP) for a third-party administrator of the commonwealth’s restructured deferred compensation and defined contribution plans.
HARRISBURG – The Pennsylvania State Employees’ Retirement Board, meeting at the AFSCME Council 13 Conference Center today, approved a policy providing for public comments at board meetings.