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Internal Documents Show How Pennsylvania's Biggest Pension Fund Got Key Financial Calculation Wrong
The Philadelphia Inquirer via WITF Link to more items from this source
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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