# Berks County Employees' Retirement Fund

Berks County Employees' Retirement Fund is a Pension Fund based in Reading, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Reading, United States
- **Region:** North America
- **Address:** Reading, PA, United States
- **Founded:** 1942
- **Assets under management:** $400M – $600M (Altss estimate)
- **Website:** www.co.berks.pa.us

## Regulatory record

- **Reports private funds:** No

## About

The Berks County Employees' Retirement Fund was established in 1942 to provide defined-benefit pensions for county employees. The plan covers public workers across county departments and is administered from Reading, Pennsylvania. Governance rests with a five-member board composed of the three elected County Commissioners, the County Controller, and the County Treasurer, chaired by Commissioner Christian Leinbach. Investment oversight follows a conservative, consultant-advised model typical of small municipal plans. The portfolio spans public equities, fixed-income instruments, and private real estate, with a confirmed position in the SEI Core Property Fund, LP — a core commercial real estate vehicle. Asset-class allocation decisions are made by the board with input from external advisors, a structure that prioritizes liability-matching for current and future retiree obligations over aggressive growth mandates. The fund participates in the Pennsylvania Association of Public Employee Retirement Systems and the National Conference on Public Employee Retirement Systems, standard affiliations for pooled advocacy and education among public-sector plan sponsors. The fund reported roughly $489 million in assets, per Altss research estimates drawn from public filings. It employs no dedicated in-house investment staff, relying on the part-time oversight of its board members. No satellite philanthropic or co-investment vehicles operate alongside the core pension trust. September 2023: The fund's board approved its annual actuarial valuation, a routine procedural event that informs county contribution rates for the coming fiscal year. Structurally, the fund is indistinguishable from thousands of sub-billion-dollar municipal plans across the United States: it pools county resources to create retirement security for public employees without building a proprietary sourcing or direct-investment capability. The key differentiator is governance — five elected officials set investment policy as a collateral duty, a design that places a premium on consultant relationships and peer-network engagement over internal portfolio management talent.

## Sectors

- Real Estate

## People

- Christian Y. Leinbach — Chairman, Retirement Fund Board; County Commissioner
- Michael S. Rivera — Vice Chairman, Retirement Fund Board; County Commissioner
- Dante Santoni, Jr. — Member, Retirement Fund Board; County Commissioner
- Sandra M. Graffius — Member, Retirement Fund Board; County Controller
- A. Dennis Adams — Member, Retirement Fund Board; County Treasurer

## Questions

### What is the fund's relationship with the Pennsylvania Association of Public Employee Retirement Systems?

PAPERS serves as a state-level advocacy and education network for public pension plans in Pennsylvania. Berks County participates as a member, using the association for trustee education, legislative updates, and peer benchmarking. It does not confer any pooled investment authority or shared liability.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/berks-county

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology