Tag: Pennsylvania Public School Employees Retirement System (PSERS)

Manager Selection November 18, 2021

CIO, Executive Director Resign From Embattled Pennsylvania PSERS

Jim Grossman will stay on until May, while Glen Grell will leave at the end of February.

Regulation September 28, 2021

The regulator is also seeking information on a financial misstatement from 2020 that triggered a contribution increase.

Asset Management Culture June 14, 2021

Board members at the beleaguered pension fund withdrew their call for a vote of termination at Friday’s meeting.

Asset Management Culture June 11, 2021

The board members are asking that a vote of no confidence be called at Friday’s pension board meeting.

Pensions May 19, 2021

State’s largest pension fund has reportedly spent over $1 million for reporting error damage control.

Pensions April 21, 2021

Thousands of Pennsylvania teachers will have to pay more in contributions starting in July.

Pensions March 25, 2021

‘Misstatement’ in 2020 financial reporting could lead to increase in teachers’ pension contributions.

Asset Allocation January 21, 2021

New CIO Seth Kelly is hiking the fund's asset allocation to fixed income.

Asset Allocation October 23, 2020

State teachers’ pension fund has more than $900 million invested with Apollo.

Pensions October 15, 2020

Net position of teachers’ fund drops by $105 million as benefit payments exceed contributions.

Pensions October 9, 2020

Stress test finds capital preservation plan effective at providing security during market downturn.

Pensions September 1, 2020

Move receives praise from State Treasurer Joe Torsella.

Asset Management Culture July 1, 2020

Kelly replaces Bryan Lewis, who left last year and is now CIO of US Steel.

Asset Management Culture March 9, 2020

Some of the country’s largest institutional investors are taking precautionary steps to protect their staff from the virus.

Asset Allocation December 9, 2019

Board addresses transparency concerns, and hires firm to find new CIO.