Pennsylvania Pension Fund Says DOJ Corruption Probe Is Closed

Pennsylvania’s Public School Employees’ Retirement System said the Justice Department has closed an investigation into possible corruption at the pension fund.

• PSERS Chairman Chris Santa Maria said in a statement on Tuesday that the fund had been informed by the Justice Department that the probe had ended.
• A grand jury probe launched early last year focused on a property in Harrisburg, Pennsylvania, acquired by the $75 billion pension fund.
• The Justice Department didn’t immediately respond to a request for comment.
• A PSERS spokesman declined further comment via email, citing a separate Securities and Exchange Commission investigation that is still ongoing. ...