Through the prudent person standard, the Retirement Board has established investment objectives and policies that recognize future funding requirements based on current membership demographics. PERS blend of asset types is designed to provide protection against large fluctuations in portfolio returns and to stabilize overall investment earnings. This important shift is designed to increase the portfolio's probability of achieving the actuarial goal, while maintaining its relatively conservative risk posture. A positive investment environment has enabled us to exceed our actuarial goal over the long-term. The PERS investment portfolio is managed on a fully discretionary basis by external managers.
PERS employs a number of institutional investment management firms.
If you have any questions regarding any aspect of the PERS' investment fund, please contact us.