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PSERS
Rep. Glen Grell
87
th
Legislative District
–
Cumberland County
Pennsylvania’s defined benefit
pension plans (PSERS and SERS)and municipal pension plans areexperiencing financialdifficulties, which is threateningtheir future sustainability.
September 30, 2009 Snapshot
279,000 active employees
177,000 annuitants
Net Plan Assets -$46 Billion
High-Water (2007) -$67.5 Billion
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