Capital-Star's reporting prompts Pa.'s teacher pension fund to audit travel expenses to L.A.
Pennsylvania’s largest pension fund is auditing its travel expenses after reporting by the Capital-Star revealed opaque expense records for cross-country travel.
The Pennsylvania Public School Employees’ Retirement System board’s audit committee approved the deep dive Friday during a meeting in Harrisburg.
“We’re trying to make sure there is no independence question,” Rep. Frank Ryan, R-Lebanon, and chair of PSERS’ audit committee, said. Ryan said the report should focus on “operational red flags” in the travel, paid for by taxpayers and booked by an investment partner.
The committee’s request follows reporting by the Capital-Star that revealed limited expense records of travel to Los Angeles.
Read more: https://www.penncapital-star.com/government-politics/teacher-pension-fund-to-audit-travel-expenses-over-la-trips/