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GERS reports initial uptake in retiree loan program; staff to review program in July–August
4744862 · June 20, 2025
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Summary
Trustees received an update on the Government Employees Retirement System's retiree loan program at the June 18, 2025 meeting.
Trustees received an update on the Government Employees Retirement System's retiree loan program at the June 18, 2025 meeting.
Administrator Angel Dawson reported that the board previously authorized a $15,000,000 program split as $7,500,000 per district and a maximum loan size of $7,500 per participant.…
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