Pensions
Pennsylvania PSERS Hires Law Firms to Probe Reporting Error
‘Misstatement’ in 2020 financial reporting could lead to increase in teachers’ pension contributions.
Tag: Pennsylvania Public School Employees Retirement System
Asset Allocation
Pennsylvania PSERS Freezes Apollo Global Investments over Epstein Ties
State teachers’ pension fund has more than $900 million invested with Apollo.
Pensions
Pennsylvania PSERS Returns 1.13% in 2020
Net position of teachers’ fund drops by $105 million as benefit payments exceed contributions.
Pensions
Pennsylvania Teachers’ Pension Sheds $2 Billion in Risky Investments
Move receives praise from State Treasurer Joe Torsella.
Asset Management Culture
Investors Adjusting Their Travel Practices Due to Coronavirus
Some of the country’s largest institutional investors are taking precautionary steps to protect their staff from the virus.
Newsmakers
At Pension Bridge: How Susan Oh Is Raising Diversity Awareness for Female Investors
PSERS’s risk parity director tells what prompted her passionate mission.
Newsmakers
Pension Bridge: 3 State Pension Plans Bare All on Funding Messes
At Pension Bridge, Dick Ingram, Dominic Garcia, and Glen Grell reveal how their programs ended up underfunded.
Pennsylvania Pension Bill Could Save $18 Billon
Actuarial note estimates that the proposed legislation would reduce employer contributions through 2050.