# Cambria County Employees' Retirement System

Cambria County Employees' Retirement System is a Pension Fund based in Ebensburg, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Ebensburg, United States
- **Region:** North America
- **Address:** 200 South Center Street, Ebensburg, PA 15931, United States
- **Founded:** 1942
- **Assets under management:** 260 (Altss estimate)
- **Website:** cambriacountypa.gov
- **LinkedIn:** https://www.cambriacountypa.gov/controller-office/retirement-board/

## Regulatory record

- **Reports private funds:** No

## About

The Cambria County Employees' Retirement System was established in 1942 as a contributory defined benefit plan for county employees. A five-member retirement board administers the plan, with membership drawn from elected county officials. The plan holds positions in private equity through Ironsides Opportunities Fund and Ironsides Opportunities Fund III. Real estate exposure includes the IDR Core Property Index Fund and Duff & Phelps Global Real Estate Securities Fund. Public equity allocations run through Vanguard Growth Fund, Vanguard Value Fund and Fidelity Global. Fixed income mandates sit with C.S. McKee and Baird. Geographic focus centers on the United States with limited international equity holdings. The system maintains 260 professionals-level oversight through its board and external providers. Marquette Associates serves as investment advisor since 2024. Key Bank acts as custodian. Bernstein Litowitz Berger & Grossmann LLP provides legal counsel. In May 2024 the system attended the PAPERS Spring Forum for fiduciary education. Board composition ties investment decisions directly to county elected officials rather than external investment staff. This structure keeps governance inside the county government while relying on outside managers for day-to-day execution.

## Sectors

- Diversified

## People

- Scott W. Hunt — Chairman of the Retirement Board
- Ed Cernic, Jr. — Secretary of the Retirement Board
- Lisa Kozorosky — Vice Chairwoman of the Retirement Board
- Keith Rager — Retirement Board Member
- Thomas C. Chernisky — Retirement Board Member

## Questions

### Who runs investment decisions at Cambria County Employees' Retirement System?

A five-member retirement board chaired by Scott W. Hunt makes decisions. The board includes three county commissioners, the controller and the treasurer.

### Does Cambria County Employees' Retirement System participate in fund commitments or only direct deals?

The system commits to funds including Ironsides Opportunities Fund and IDR Core Property Index Fund. No direct company-level investments appear in records.

### What asset classes does Cambria County Employees' Retirement System hold?

Holdings include private equity, real estate funds, public equities through mutual funds and fixed income mandates. Cash equivalents support rebalancing.

### How is Cambria County Employees' Retirement System related to PAPERS?

The system maintains membership in the Pennsylvania Association of Public Employee Retirement Systems. Ed Cernic, Jr. has served as Board Chair of PAPERS.

### Which external providers support Cambria County Employees' Retirement System?

Marquette Associates acts as investment advisor. Key Bank serves as custodian. Bernstein Litowitz Berger & Grossmann LLP and Robbins Geller Rudman & Dowd LLP provide legal counsel.

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

Canonical page: https://altss.com/profile/cambria-county-employees-retirement-system

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