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A forensic pension investigator was hired to provide clarity about the fund’s investments, the high fees it pays to big Wall ...
The Public Service Superannuation Scheme (PSSS) fund value has hit a record Sh142.2 billion in three years of its operation, solidifying its position as the second-biggest pension scheme after the ...
At the end of November, it was reported that the Public Service Pension Fund had a $1.9 billion “non-permitted surplus” as of March 31, 2024. The fund’s total assets were valued at $186 billion.
The state’s massive pension funds serving nearly 1.7 million public workers and retirees are expected to weather the turmoil in the stock market despite their substantial investment in stocks ...
Ohio's five public pension funds have collectively lost roughly $4 billion since January 1, 2025, due to stock market fluctuations linked to President Trump's tariffs.