Susquehanna County Retirement Board

Susquehanna County Retirement Board

The Susquehanna County Retirement Board functions as a governmental committee of Susquehanna County, Pennsylvania, with County Commissioners Alan Hall, Elizabeth Darrow, and David Herschel serving as board members. The board's membership also includes the county treasurer, Rebecca Wescott, and chief clerk, Rebekah Hubbard. Its mandate centers on administering retirement benefits for county employees, operating within the broader structure of a county government that was established in 1810 and is based in Montrose. The board's investment activities are not publicly detailed through a dedicated plan document or investment policy statement found on the county's website. As a sub-unit of county government, its retirement plan assets are recorded separately from general county funds, but no specific asset allocation, manager roster, or direct co-investment activity is disclosed. The plan covers county employees, while a separate but related plan covers the Susquehanna County Housing/Redevelopment Authority, suggesting a small, segmented benefit structure common to municipal plans in rural jurisdictions. The board meets periodically as part of the county's public meeting schedule, with agendas and minutes available through the county. No external investment consultant, outsourced CIO relationship, or professional investment staff is identified. The structure is typical of a self-administered county pension board in a jurisdiction where the total population is under 40,000, with governance provided by elected officials who also serve as plan fiduciaries. The board's architecture is defined by its integration into general county government rather than a separate investment office. All fiduciaries are elected or appointed county officials with other primary duties — a governance model that places retirement oversight alongside responsibilities like election administration, tax collection, and public records.