Pensions
PSERS, Aon Settle Lawsuit for $7M
The accounting firm admitted to errors in a 2020 risk analysis, significantly disrupting the Pennsylvania education workers’ plan.
Tag: Jim Grossman
Manager Selection
Pennsylvania PSERS Names New CIO, Tapping UAW Investment Official
Benjamin Cotton fills the position has been vacant for a year amid probes and controversies.
Manager Selection
PSERS Posts Ad for New CIO
The $75 billion pension fund is looking for its first permanent CIO since Jim Grossman resigned last year.
Pensions
Justice Department Ends Investigation of Pennsylvania PSERS
A 2020 accounting error had prompted the investigation that lasted for more than a year.
Newsmakers
PSERS Considers Suing Aon for Miscalculating Returns
The pension fund has hired law firm Blank Rome to look into potential litigation.
Manager Selection
CIO, Executive Director Resign From Embattled Pennsylvania PSERS
Jim Grossman will stay on until May, while Glen Grell will leave at the end of February.