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PERS moves forward with multi‑year pension software upgrade; committee funds year‑four request
2868033 · February 28, 2025
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Summary
JFAC approved a one‑time $3.641 million package for the Public Employee Retirement System to continue a five‑year pension software upgrade and related IT work; the motion passed with bipartisan majorities in both panels.
Frances Lippett, a budget and policy analyst with the Legislative Services Office, briefed JFAC on Feb. 28 about the Public Employee Retirement System of Idaho (PERSI) enhancement requests for fiscal year 2026. PERSI administers state and local public employee retirement plans and manages the plan’s investment portfolio.
PERSI requested a…
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