The board of Pennsylvania’s largest public pension system, the Public School Employees’ Retirement System, said it is investigating a consultant’s calculation about the fund’s investment performance ...
LONDON (Reuters) - The government launched on Thursday a consultation into the method it uses to calculate public pension obligations, which pension experts say underestimates them. Official figures ...
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After Pennsylvania’s biggest pension plan botched a crucial financial calculation, the FBI launched an investigation, the fund’s board began its own probe, and 100,000 public school employees suddenly ...