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Has anyone heard of the Pinchot retirement investment? What reputable source can you contact for information?


Has anyone heard of the Pinchot retirement investment? What reputable source can you contact for information?

The Retirement Plan was done in 1923 by Gifford Pinchot for the state of Pennsylvania employees, and has grown to about $25 billion in assets.
http://www.hoovers.com/pennsylvania-stat...

Here's the short of it

Commonwealth of Pennsylvania State Employees' Retirement System Company Profile

Employees of the Keystone State can rest assured the Pennsylvania State Employees Retirement System (SERS) is keeping a keen eye on their currency. SERS administers the statewide retirement and pension benefits fund for Pennsylvania's public employees. Serving more than 200,000 members, SERS is funded by a combination of employee contributions, employer contributions, and investment earnings. On top of managing retirement accounts, it provides retirees with health insurance. Established in 1923 by Governor Gifford Pinchot, the system has grown to manage more than $25 billion in assets.

http://biz.yahoo.com/ic/110/110634.html....

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