By Rob Kozlowski, includes “One such panel, the Pennsylvania Public School Employees' Retirement System board, faces a reckoning over its governance even as the retirement system it oversees is under federal investigation over an error in its reported investment figures. … The difficulties in perceiving fiduciary duties are made clear in a recent report Mr. Funston's firm completed for PennPSERS, which has found itself under federal investigation after revealing its own internal investigation on investment reporting errors in March 2021.”