No action was done regarding the letters demands at a meeting Thursday, but the meeting is set to continue tomorrow. All the transactions were recommended to the board by the pensions investment staff... The demand for the dismissal of Glen Grell, the executive director, and Jim Grossman, the chief investment officer of Pennsylvanias $64 billion Public School Employees Retirement System, came hours before a scheduled meeting of the board Thursday, which both officials would normally attend. While one investment was approved in a public session, another five that had been scheduled for votes by the investment committee of the $64 billion Pennsylvania Public School Employees Retirement System were withdrawn. Trustees of Pennsylvanias largest public pension on Friday backed off from voting on almost $1.1 billion in new fund commitments amid disagreement over the systems leadership and its use of high-cost private investments.
Also, representatives of the wealthy among other things decided to ignore previous public policies.
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Also , representatives of the wealthy among other things decided to ignore previous public policies .
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