Pennsylvania Withholds City’s Aid over Investment Firm Hiring
Auditor general says the process to replace the investment manager was 'fatally flawed.'
Tag: Pennsylvania
Pennsylvania SERS Returns 15.1% in 2017
System gains $3.9 billion to reach total assets of $29.3 billion.
Newsmakers
Pennsylvania Pension Returns 3.7% in Q3
Board also approves $175 million in new commitments.
Newsmakers
Pennsylvania Delays Pension Payments
State treasury holds up $581 million in obligations to PSERS.
PA Auditor General Calls for Further Fee Cuts at SERS
$178 million reduction in investment fees since 2007 is not enough.
PA SERS Praised by Dept. of Auditor General After Year-Long Investigation
Policies lauded for governance, portfolio management.
Newsmakers
Pennsylvania Pension Reform Bill Becomes Law
The hybrid pension plan known as Senate Bill 1 was made official, but what does it mean for new and current workers?
Newsmakers
Pennsylvania Senate Passes Hybrid Pension Bill
The state’s 40-9 vote on Senate Bill 1 could move teachers and employees of non-high-risk jobs to a hybrid plan.
Pennsylvania to Move $2.4 Billon in Equity Investments into Passive Investing
Treasurer says the change will save the state $5 million a year in fees.
Pennsylvania Gets on Indexing Bandwagon
State treasurer expects the move to save the state about $5 million a year in fees paid to managers.