The retirement board is responsible for maintaining the multibillion-dollar trust fund used to disburse pensions to more than 25,000 retirees who have worked for the District’s public schools and its police and fire departments. An August subpoena sought documentation of a variety of financial transactions, including records of payments to those who handle the pension fund’s investments.
Federal Prosecutors Have Been Investigating D.c.’s Pension Board, Responsible For $10 Billion Retirement Fund
Julie Weil, Washington Post: Local
Sun, 01/23/2022 - 1:00pm
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