SERS Insights
“After The Love Has Gone’” or “Divorce And The Defined Benefit Pension”

October 20, 2021 | Salvatore Darigo, Chief Counsel’s Office | Terms & Disclaimers

some image


Neither family lawyers nor Earth, Wind and Fire can use a ‘70s ballad to solve the issue of who gets what when marital property is divided as part of a divorce.  In most cases, distributing marital assets is the second most important concern after child custody. When a defined benefit (“DB”) pension such as the one earned by SERS members is tossed into that mix, a complicated and emotionally-charged issue becomes even more complex and confusing.


Read more


My Deferred Compensation Learning Experience

February 22, 2021 | Mary Soderberg, SERS Board Member | Terms & Disclaimers

some image


In 1987, when I first started working for the Commonwealth of Pennsylvania, I was in my late thirties and had never had a pension plan. At the time, I wasn’t sure how long I would work in state government, but I knew having a pension and beginning to plan for retirement was important to my future.


Read more