In latest blow, giant pension fund faces possible class-action lawsuit from teachers
Delco teacher files suit against investing consultants to PSERS Joseph N. DiStefano, The Philadelphia Inquirer © TYGER WILLIAMS / Staff Photograp PSERS executive director Glen Grell listens during a meeting in the main boardroom at the fund's offices in Harrisburg. Lawyers for a Delaware County public school teacher have filed a lawsuit over problems at Pennsylvania’s largest pension fund, alleging that poor advice from highly paid outside consultants has cost the retirement plan billions and forced 100,000 teachers to pay millions in extra pension contributions. Popular ...