Retirement monies on which Pottsgrove, Pottstown and Spring-Ford Area school employees depend were invested in part in a hedge fund that bet against a storm like Hurricane Sandy. A PSERS spokesperson said the fund doubted it lost money, but could not yet be sure.
Tag Archive | "Public School Employees Retirement System"
State’s Pension Fund Unsure If Sandy Hurt Its Investment
Posted on 01 November 2012.
Posted in Local, Pottsgrove Schools, Pottstown, Sanatoga, WeatherComments (9)
Pension Burden At Local Schools Now National Topic
Posted on 19 April 2011.
Underfunding of teachers’ and other pension programs in Pennsylvania, which in part have caused Pottsgrove School District taxes to rise, was the topic of a national forum late last week.
Posted in Education, Politics, Pottsgrove SchoolsComments (2)
Pottsgrove Ended ’09-’10 Year With Surplus, Audit Shows
Posted on 18 November 2010.
The opening of the Upland Square shopping center last year provided a tax windfall to the Pottsgrove School District, its auditors reported. Now the questions is, how will the district use the extra cash?
Posted in Business, Education, Pottsgrove SchoolsComments (1)
Pension Reform Vote Could Benefit Pottsgrove, Others
Posted on 11 November 2010.
The Pottsgrove School District and others statewide may benefit from a change in legislative thinking that occurred Wednesday in Harrisburg.
Posted in Education, Local, Politics, Pottsgrove SchoolsComments (1)
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