December 3, 2021

existinglaw

Law for politics

Pennsylvania PSERS Hires Law Firm Amid Federal Probe

Pennsylvania PSERS Hires Law Firm Amid Federal Probe

The Pennsylvania Community School Employees’ Retirement Procedure is experiencing a federal investigation, latest board conference resolutions reveal.  

At a distinctive board assembly held Tuesday, the retirement system resolved to retain the services of legislation company Pillsbury Winthrop Shaw Pittman to “represent and give advice to the board in matters relating to a federal investigation and any collateral challenges relevant thereto.” 

The board’s web-site does not specify what is associated in the federal probe, and spokespeople from PSERS did not return an e-mail in search of remark Thursday. Bloomberg in the beginning reported the information on Wednesday night. 

Prior to revealing the probe, PSERS held two unique meetings — just one on April 2, and the 2nd on Tuesday. According to an agenda from Tuesday’s board assembly, the board fulfilled to go over a “consultation with counsel in relationship with opportunity or present litigation.”