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Pensions board in Pennsylvania votes to raise rates for 94K school employees

If the increases take effect, contribution rates would rise starting next July 1 for about 94,000 public school employees, all hired in 2011 or after.

By Marc Levy/The Associated Press

Updated: April 8, 2021 | 5:00 am

Pennsylvania pension board hires law firm for federal probe

The system has not publicly disclosed how broad the federal investigation is and what it involves.

By Marc Levy/The Associated Press

Updated: March 29, 2021 | 5:09 pm

Pennsylvania pension system investigating calculation error

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 last year that is apparently wrong.

By Marc Levy/The Associated Press