As Federal Investigation Looms over PennPSERS, CIO and Executive Director Exit
Posted on 12/11/2021
Pennsylvania Public School Employees’ Retirement System (PennPSERS) is dealing with a U.S. federal investigation over an error in its reported investment figures. The board of directors of the pension discovered the error. In December 2020, PennPSERS reported a net annualized return of 6.38% for the nine years ended June 30, 2020 just above the 6.36% […]
