Public Employee Retirement System of Idaho (PERSI) is a defined benefit public pension fund based in Boise, Idaho. Established in 1963, the system administers six fiduciary funds which include Public Employee Retirement Fund Base Plan (PERSI Base Plan), Firefighters' Retirement Fund, Public Employee Retirement Fund Choice Plan 401(k) and 414(k), and two Sick Leave Insurance Reserve Trust Funds, one for state employers and one for school district employers. The assets of the pension fund are managed by the executive management team.