Feds Probe Pennsylvania Public School Employees’ Retirement System
Posted on 05/24/2021
U.S. federal prosecutors are probing the US$ 64 billion Pennsylvania Public School Employees’ Retirement System (PSERS). The FBI is investigating evidence of possible kickbacks or bribery as the public pension fund expanded its real estate portfolio in Harrisburg. The plan is also in deep trouble for exaggerating investment returns, which impacts the amount members have […]
