Chronicling an FBI investigation into Pennsylvania's $64 billion public school pension fund and the resulting fallout. • Spotlight PA

The PSERS Scandal

About our The PSERS Scandal coverage

Chronicling an FBI investigation into Pennsylvania's $64 billion public school pension fund and the resulting fallout.

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

The report found no criminal conduct.

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

PSERS — the Public School Employees’ Retirement System — admitted in March that it had botched its crucial official calculation of investment returns.

A massive probe of Pa.’s largest pension fund is nearly done, but taxpayers may never know the results

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

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