Counseling Service- 412.488.2031
Web Page- www.psers.state.pa.us
· Members on or after 7/1/11 contribute 10.3 percent of gross salary.
· Members on or after 7/22/83 contribute 7.5 percent of gross salary.
· Members prior to 7/22/83 contribute 6.5 percent of gross salary.
· College contribution is determined each July 1 by state.
· Employee’s contribution is tax deferred.
· PSERS has a 10-year vesting period.
Retirement benefits for both the SERS and PSERS plans are based on the average of the three highest years of salary x 2.5 percent x number of years in the plan. Several income options are available at time of retirement.