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Internal Documents Show How Pennsylvania's Biggest Pension Fund Got Key Financial Calculation Wrong
The Philadelphia Inquirer, via WITF 
June 2, 2021 "After Pennsylvania's biggest pension plan botched a crucial financial calculation, the FBI launched an investigation, the fund's board began its own probe, and 100,000 public school employees suddenly faced paying more into the retirement system.... [Newly-obtained] internal fund documents ... [trace] the error to 'data corruption' in just one month -- April 2015 -- over the near-decade-long period reviewed for the calculation." |
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