You pay no investment management fees. The options offered through your investment company will each have a different level of potential risk and reward. If your investments don't perform well, you accept the loss. You can reduce risk by diversifying your investments. How you invest depends on your retirement needs, personal risk tolerance and your time horizon.
PERS invests in a variety of financial assets to meet future liabilities.
No investment knowledge or action is needed by you, there is no individual investment risk, and you pay no investment management fees. You pay no investment management fees. Vesting Vesting is your right to a benefit from the plan. Institution contributions vest according to your institution's ARP vesting schedule. Your contributions are immediately vested for a refund.