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Facing FBI probe, state public schools' pension plan backtracks on disclosure that staffers were on both sides of real estate dealings

The state's teachers' pension plan has backtracked on an official disclosure form that said its top investment staff was paid by a firm managing its real estate in Harrisburg. ....

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Facing FBI Probe, PSERS Backtracks On Disclosure That Staffers Were On Both Sides Of Real Estate Dealings

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Under FBI investigation, Pennsylvania s $64 billion public school pension fund sought to backtrack on previous disclosures that staffers were working on both sides of real estate dealings.
Amid an FBI investigation, the mammoth PSERS pension plan has disavowed as poorly worded an official disclosure form that said its top investment staff was also being paid by a firm hired to manage its real estate in Harrisburg.
The fund said that in fact no one on its staff had received any “additional compensation” even though the forms said they were paid employees of both the retirement plan and the realty firm. The $64 billion fund said it has filed replacement disclosures with the IRS “correcting this error.” ....

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PSERS backtracks on staff disclosure amid FBI probe

WHYY
By
Angela Couloumbis, Spotlight PA ; Craig R. McCoy and Joseph N. DiStefano, The Philadelphia InquirerJune 9, 2021
Under FBI investigation, Pennsylvania’s $64 billion public school pension fund sought to backtrack on previous disclosures that staffers were working on both sides of real estate dealings.
This story originally appeared on Spotlight PA.
Amid an FBI investigation, the mammoth PSERS pension plan has disavowed as poorly worded an official disclosure form that said its top investment staff was also being paid by a firm hired to manage its real estate in Harrisburg.
The fund said that in fact no one on its staff had received any “additional compensation” even though the forms said they were paid employees of both the retirement plan and the realty firm. The $64 billion fund said it has filed replacement disclosures with the IRS “correcting this error.” ....

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Tenant alleges injuries from collapsed ceiling at Belleville apartment complex

Tenant alleges injuries from collapsed ceiling at Belleville apartment complex
madisonrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from madisonrecord.com Daily Mail and Mail on Sunday newspapers.

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Harrisburg Jobs: See Who's Hiring In The Area

Harrisburg Jobs: See Who s Hiring In The Area
Patch
2 hrs ago
Job News
© Shutterstock / NPFire
The employment site ZipRecruiter.com has listed scores of jobs that have opened even as the coronavirus pandemic continues and many businesses remain closed.
HARRISBURG, PA The economic impact of the coronavirus pandemic has been felt in every corner of the county, including in the Harrisburg area and across greater Pennsylvania. However, there are still local job opportunities available, as companies hire to address the demands of the new normal.
Looking for work? You may be in luck. Each week at Patch, we compile a list of recently posted jobs in the Harrisburg region, as powered by ZipRecruiter, to help in your job hunt. Click any job listing below for more information, or to apply. ....

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