Stephen Caffarelli

State of Georgia (Investment Management) (also known as the Georgia Division of Investment Services) is the pension fund management division of the State of Georgia which is headquartered in Atlanta, Georgia. The firm manages the assets of the majority of the State of Georgia’s pension funds: Employees Retirement System (ERS), Public School Employees Retirement System (PSERS), Georgia Judicial Retirement System (GJRS), Legislative Retirement System (LRS), State Employees’ Assurance Department (Pre-Retirement), State Employees’ Assurance Department (Post-Retirement), Survivor’s Benefit Fund (SBF), and Georgia Military Pension Fund (GMPF).

Founded in 1950, the Employees Retirement System of Georgia is a pension fund administered in Atlanta, Georgia. The fund is administered by the State of Georgia Division of Investment.