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NJ Pension Funds to Investigate the Payment of Exorbitant Management Fees

By Frank M. Crivelli on April 20, 2015
Posted in Public Employment Pension Crisis

As reported in NJ.Com, The Boards of Trustees of New Jersey’s largest pension funds plan to launch a probe into how the state awards fees incurred in managing pension fund investments.  The Public Employees Retirement System Board of Trustees voted to conduct a forensic audit of the fund’s expenses, following a similar vote by the…

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Frank M. Crivelli is a shareholder in the law firm of Crivelli, Barbati & DeRose, L.L.C. His primary practice revolves around the representation of public employee labor unions in various capacities to include contract negotiation, unfair labor practice litigation, contract grievance arbitration, and other diverse issues that are litigated before state and federal trial courts, appellate courts, and administrative tribunals throughout the State of New Jersey

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