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Two High Execs at Pension Fund Will Exit Amid Federal Probe

Share this…FacebookPinterestTwitterLinkedin The board of Pennsylvania’s largest public pension fund for college lecturers on Thursday reportedly agreed to simply accept…

By Staff , in Investments , at November 18, 2021



The board of Pennsylvania’s largest public pension fund for college lecturers on Thursday reportedly agreed to simply accept the resignation of two prime executives following two separate federal investigations.

The 2 senior officers are below federal investigation for allegedly concocting exaggerated returns.

As reported by The Wall Road Journal, board members of Pennsylvania’s $64 billion Public Faculty Workers’ Retirement System accepted the resignations of Government Director Glen Grell and Chief Funding Officer Jim Grossman.





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