Established in 1974, PMRS is an independent state agency based in Harrisburg, Pennsylvania. We help local government organizations throughout the commonwealth secure the future retirement of their employees by providing comprehensive, cost-efficient, pension administration services, and plans.
As the largest single administrator of Pennsylvania local government plans, PMRS administers more than 1000 pension plans and serves approximately 17,000 active and retired members. PMRS offers flexible pension plans tailored to meet the needs of employers and their employees. Our members include police officers and fireman, non-uniform employees and librarians, utility and road crew workers, and union and non-union employees.
Plan assets total more than $3 billion. These assets are allocated in a diverse mix of investments that include stocks, corporate and governmental bonds, and real estate. PMRS places great emphasis on the quality of investments, consistency of return, and adding value to the municipal plan assets while placing them at minimum risk.
PMRS is governed by an 11-member board of directors who are responsible for the organization and administration of the pension system, offering oversight for the system's investments.
The Pennsylvania Municipal Retirement Board and PMRS staff thank our member municipalities for their continued support and welcome your feedback.