May 15, 2015 - of the POBs must be below PERA's 7.50% actuarial rate; and (2) the ... the State has created a ï¬nancing structure that creates savings. A POB ... that PERA has the capability to invest the proceeds quickly based on its current split between ï¬xed ... Additionally, the Treasurer's Ofï¬ce believes it is in the best.