Harrisburg, PA – State Representative Mike Tobash, Chair, and Pennsylvania Treasurer Joe Torsella, Vice-Chair, of the Public Pension Management and Asset Investment Review Commission (PPMAIRC) today convened the last of three informational hearings in Harrisburg to examine the need for improvements in transparency around investment expenses and returns of Pennsylvania’s two statewide pension systems. Today’s hearing identified cost savings opportunities for the pension boards.
Opening a new front at Facebook, Illinois State Treasurer Michael Frerichs, Rhode Island State Treasurer Seth Magaziner, Pennsylvania Treasurer Joe Torsella, and New York City Comptroller Scott Stringer today co-filed a shareholder proposal asking the Facebook board of directors to make the role of Board Chair an independent position.
Harrisbur, PA – Pennsylvania Treasurer Joe Torsella today announced the PA 529 College and Career Savings Program, formerly known as the PA 529 College Savings Program.
Harrisbur, PA – Pennsylvania Treasurer Joe Torsella today announced that PA Treasury has continued to increase capabilities to the Transparency Portal by launching phase 4 of the project. The portal now provides additional tools that expand access to Commonwealth expenditures by including more historical expenditure data.