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Apollo or no? Pa. state pension system tries to manage dissent

Split votes are becoming more common when the state employees retirement system board is picking investments for the giant pension program. Some board members dislike the high fees and poor performance of several investment groups.

Pennsylvania Banking Secretary Robin Wiessman (left) and State Treasurer Joe Torsella (center) at last month's board meeting for the Pennsylvania State Employees' Retirement System. They often vote together in opposing private investments with high fees.
Pennsylvania Banking Secretary Robin Wiessman (left) and State Treasurer Joe Torsella (center) at last month's board meeting for the Pennsylvania State Employees' Retirement System. They often vote together in opposing private investments with high fees.Read moreJoseph N. DiStefano