March 2010
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PERC Appoints New Leadership, Discusses Pension Crisis with PSERS

The Public Employee Retirement Commission (PERC) held its first meeting of the year this morning. At the meeting, the commission appointed Anthony Salomone as its new Chairman with Carville Foster stepping down from that post. Also, in light of the retirement of Dr. Richard Aronson, the commission greeted Ureneus Kirkwood as a new member of the commission. After reviewing an actuarial note, the commission discussed the pension crisis with representatives of PSERS. Check the Capitol Toolbox later for the full story.


Public Employee Retirement Commission – 10:00 a.m.

The commission met with its Municipal Pension Advisory Committee and Municipal Employee Pension Advisory Committee. Commission staff provided a review of legislative activity during the current session of the General Assembly and a detailed report on the provisions in Act 51 and Act 44 of 2009. They also provided a municipal pension update. Check the Capitol Toolbox later today for complete story.