Employees could have different investments outside of work – real estate holdings, rental properties, stocks, bonds, mutual funds, and more. However, we all have one thing in common as state employees – the Public Employees Retirement System of Idaho (PERSI).
* 10.32% Current Fiscal Year-to-date return (July 1, 2017-present)
PERSI was created in 1963 by the Idaho Legislature to provide secure, long-term pension benefits for public employees. The system is funded through investment income, and employer and employee contributions. It serves about 145,000 members, retirees and beneficiaries. In fiscal year 2017, PERSI paid out more than $836 million in benefits.