Commonwealth of Pennsylvania State Employees' Retirement System

Established in 1923 by Governor Gifford Pinchot, the system has grown to manage more than $35 billion in assets. Employees of the Keystone State can rest assured the Pennsylvania State Employees Retirement System (SERS) is keeping a keen eye on their currency. SERS administers the statewide retirement and pension benefits fund for Pennsylvania's public employees. Serving more than 210,000 members, SERS is funded by a combination of employee contributions, employer contributions, and investment earnings. In addition to managing retirement accounts, the system provides retirees with health insurance.