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    PUBLIC SCHOOL EMPLOYEES’ RETIREMENT SYSTEM (PSERS)

    Statement from the Public School Employees' Retirement System (PSERS) Board on the Governance Study completed by Funston Global Advisors

    December 23, 2021

    On Thursday, December 16, 2021, the PSERS Board received a study recently completed by Funston Global Advisors. The study was commissioned by the Board in December 2020 and examined many areas of board governance and system administration.

    The Funston study was begun before, and remained independent of, the special internal investigation the Board launched over matters related to the DOJ inquiry. 

    Careful review and deliberation of the governance and system administration recommendations in the report will begin sometime after the Board receives the results of its special internal investigation in January.

    Funston Transmittal Letter

    Funston Final Report

    PSERS Media Contact Details

    Steve Esack

    Press Secretary 717.720.4770
    Public School Employees' Retirement System Media

    L. Paul Vezzetti

    Communications Director 717.480.8405
    Public School Employees' Retirement System Media