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Publications ›› Press Releases ›› Pa. auditor calls for PSERS fee cuts but offers no big solutions
Friday, May 26, 2017 8:44 AM

Pennsylvania’s elected auditor general, Eugene DePasquale, said Thursday that the underfunded $47 billion Pennsylvania Public School Employees’ Retirement System spends too much on hiring investment-management firms — $416 million last year, down from $441 million the year before. He called for “drastic” fee cuts.
Philadelphia Inquirer, May 25, 2017
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