Joseph N. DiStefano | The Philadelphia Inquirer
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The omitted information set the stage for the board to vote to certify an incorrect and exaggerated sum for its investment performance. -
An internal review of PSERS' exaggerated profit figure was presented to board members Monday, but it's unclear if and when the public will learn the results. -
A law firm is set to unveil the findings of an internal investigation into the mammoth plan at a private session for the PSERS board next week.
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Massive probe of Pa.’s largest pension fund is nearly done, but taxpayers may never know the resultsSome PSERS staff believe the probe’s findings could be damaging to their reputations. Their lawyers are pushing for the report to be kept private or contain rebuttals.
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The $73 billion PSERS fund won a ruling keeping secret much of its dealings with three consultants who were brought in to probe a key figure for investment profits. -
The FBI and federal prosecutors launched a criminal probe of the $70 billion PSERS plan in March after the fund’s board revealed doubts about the figure it endorsed for financial results in December. -
Embattled Pennsylvania Teacher Pension Fund Subpoenaed By SEC Over ‘Compensation And Gifts’ To StaffThe FBI and federal prosecutors launched a criminal probe of the $70 billion PSERS plan in March after the fund’s board revealed doubts about the figure it endorsed for financial results in December.
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The $64 billion pension fund claimed in a new IRS filing that its previous disclosures were poorly worded and filed in "error." -
Subpoenas reviewed by Spotlight PA and The Philadelphia Inquirer lay bare the scope of the federal investigation into Pennsylvania's $64 billion public school pension fund.
