Plan participants direct their deferred salary among the offered investment options. The investment options offered are selected by the PERB in compliance with their Investment Policy Statement, the advice of an independent investment analyst, and assistance from the statutorily-created Employee Investment Advisory Council. Participants may invest in any or all of the offered options and transfer between options.
The offered investment options fall into two primary types: (1) the fixed investment options and (2) the variable investment options. The variable investment options include mutual funds, bond funds and Target Date funds. All options range from aggressive to conservative. The mutual funds cover all standard asset classes and categories.
All funds are evaluated on a quarterly basis.
Quarterly Investment Reports