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Pa s $73 billion school pension fund will finally learn what went wrong with key calculation | Education

Pa s $73 billion school pension fund will finally learn what went wrong with key calculation

Pennsylvania s $73B school pension fund will finally learn what went wrong with key calculation

PSERS board freezes private investments, but move to oust bosses fizzles

PSERS board freezes private investments, but move to oust bosses fizzles
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PSERS fund dissidents, short of votes, pull back on move to oust top staff

HARRISBURG Lacking a board majority, six dissident members of the PSERS pension fund backed away Friday from their push to fire the plan’s top two leaders. But they helped derail a proposal to pump another $1 billion into so-called alternative investments the kind of investment the critics say has generated only high fees and lackluster results.In a rare public boardroom rebellion .

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