Pennsylvania Teachers’ Pension Sets Sights on Lawmaker For New Executive Director

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The Public School Employees’ Retirement System has offered its top job to Glenn Grell, a former long-time board member and current state representative.

More details on the hire from the Sentinel:

The Public School Employees’ Retirement System said Wednesday it has offered the job to Rep. Glenn Grell, assuming he passes background and reference checks.

Grell is a lawyer and former deputy counsel under Gov. Tom Ridge. His 87th House District is the northeast corner of Cumberland County, east of Carlisle and north of Mechanicsburg and Camp Hill.

Grell served on the 15-member PSERS board, to which he will now report, from 2009 until January. Grell has been in the Legislature since 2004 and for half of his more than 10 years has focused on pensions.

State Senate leaders say making changes to the state’s large public-sector pension plans is among their priorities for the coming months.

Grell will oversee a $50 billion retirement fund and 315 employees. It will be his job to ensure that pension checks get to more than 200,000 retirees.

[…]

Grell is likely to leave his seat in the next month or so, and a special election to fill the seat will be called by the Speaker of the House Mike Turzai, R-Allegheny. It’s expected in August.

The job will pay approximately $200,000 a year, according to the Sentinel.

 

Photo credit: “Flag-map of Pennsylvania” by Niagara – Own work from File:Flag of Pennsylvania.svg and File:USA Pennsylvania location map.svgThis vector image was created with Inkscape. Licensed under CC BY-SA 3.0 via Wikimedia Commons – http://commons.wikimedia.org/wiki/File:Flag-map_of_Pennsylvania.svg#mediaviewer/File:Flag-map_of_Pennsylvania.svg

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