Top 2 Pennsylvania school pension system executives to be out of jobs
HARRISBURG (AP) — The top two executives at Pennsylvania’s largest public pension system will leave their jobs under resolutions approved by the system’s board Thursday, amid two federal investigations into the agency and calls by board members for their resignations over lackluster investment returns. Their departures come after a protracted fight to get the $62 billion Public School Employees’ Retirement System — which manages one of the nation’s biggest public pension funds — to divest its pricier investments in things like private equity firms. Under the ...