In response, Penn argued that governments have to be more responsible with how the public purse is managed going forward. “I agree with the question. We’re running the system on the backs of the public servants,” Penn said. “When you look at some of the decisions that we’ve made ...
Employer contributions are paidin the aggregateas a percent of payroll, again, based on the number of employees they have, their Classes of Service, and their salaries. (By way of example–and this is confusing for many people–employers do not transfer their contributions to SERS broken out ...