April 24 2017
3:00 pm

Governor Wolf, State Treasurer Torsella Host Press Conference on SERS and PSERS Passive Investments

Governor's Reception Room, Main Capitol Building, Harrisburg, PA

Governor Wolf will be joined by State Treasurer Torsella to host a press conference on the SERS and PSERS Passive Investments.

On April 13, Governor Wolf and Treasurer Torsella announced that they had written to the boards of SERS and PSERS to encourage them to reduce investment costs by moving away from Wall Street money managers, implement administrative efficiencies, and increase savings opportunities. Making these changes would save billions of dollars for tax payers over the coming years and improve our pension systems.