Ongoing coverage of the PSERS pensions scandal from Spotlight PA • Spotlight PA

Pensions

About our Pensions coverage

Understand Pennsylvania’s pension funds, including the funds for state employees, public school teachers, and more.

The PSERS building in Harrisburg.

Many Pennsylvania state retirees say they can’t afford inflation on their stagnant pensions

by DaniRae Renno for Spotlight PA

Nearly 69,000 former public school and state workers retired before Pennsylvania boosted pension payments two decades ago. Some lawmakers now want to give them an increase.

Glen Grell, the former executive director of PSERSs, listens during a board session last year at the fund's offices in Harrisburg.

Big PSERS report gives new details on top staff’s actions

by Joseph N. DiStefano, Craig R. McCoy and Angela Couloumbis of Spotlight PA

PSERS brought in legal assistance as it learned that federal investigators had subpoenaed information about the board’s adoption of a false, unduly high figure for investment returns.

Key consultant refused to cooperate with probe into Pa.’s $73 billion school pension: sources

by Angela Couloumbis of Spotlight PA and Joseph N. DiStefano and Craig R. McCoy of The Inquirer

Federal agencies have been looking into PSERS' adoption of an exaggerated number for investment profits as well as the fund’s purchase of real estate near its Harrisburg offices.

Pa. pension fund says it won’t require board to sign secrecy oaths to hear key report

by Angela Couloumbis of Spotlight PA and Joseph N. DiStefano and Craig R. McCoy of The Inquirer

With no explanation and after a meeting closed to the public and media, the PSERS board said that executive director Glen Grell is retiring.

2 top executives quit giant Pa. pension fund amid FBI, SEC probes

by Angela Couloumbis of Spotlight PA and Joseph N. DiStefano and Craig R. McCoy of The Philadelphia Inquirer

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