ULC

Legislative Fact Sheet - Management of Public Employee Retirement Systems Act

Act Management of Public Employee Retirement Systems Act
Origin Completed by the Uniform Law Commission in 1997.
Description UMPERSA modernizes, clarifies, and makes uniform the rules governing the investment and management of public retirement systems’ assets. Public retirement systems become trusts operated under rules of prudent investment.
Endorsements

American Bar Association

Enactments Maryland, Wyoming
2018 Introductions
Staff Liaison(s)