PSERS History & Background


The Public School Employees Retirement Plan (PSERS) was established January 1970 under Georgia Laws 1969 (O.C.G.A. Title 47, Chapter 4) to provide certain public school employees with a supplemental retirement plan.

Member contributions and contributions by the State are paid into PSERS for the exclusive benefit of members of the System and their beneficiaries. All benefits are paid out of this fund and are separate from any other retirement income you may have. The ability of this fund to meet future obligations is examined each year by an independent actuarial firm specializing in pension and retirement plans. In addition, PSERS is examined annually by an independent accounting firm in accordance with generally accepted auditing standards.

PSERS is administered by a Board of Trustees consisting of the Board of Trustees of the Employees’ Retirement System plus two additional members appointed by the Governor.