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In a revolt, dissidents on PSERS board lobby colleagues to fire the fund’s leaders and set a new investment strategy

A growing band of board dissidents says PSERS leaders must leave immediately to fix “an irrevocable loss of trust and confidence that is a consequence of persistent underperformance."

PSERS Investment Head James H. Grossman Jr., (left), and Christopher Santa Maria, Board Chairman, (right), converse during a short break during the PSERS investment committee meeting at the PSERS offices in Harrisburg, Pa., on Thursday, June 10, 2021.
PSERS Investment Head James H. Grossman Jr., (left), and Christopher Santa Maria, Board Chairman, (right), converse during a short break during the PSERS investment committee meeting at the PSERS offices in Harrisburg, Pa., on Thursday, June 10, 2021.Read moreTYGER WILLIAMS / Staff Photographer