IPERS Chief, CEO on Leave Amid Misconduct Allegations
Des Moines News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Trouble brews at Iowas largest public pension fund, IPERS, as Chief Benefits Officer Steven Herbert and CEO Greg Samorajsk are placed on paid leave amid misconduct allegations. The fund, managing over $45 billion, serves 400,000 Iowans. Acting CEO Elizabeth Hennessey takes over as investigations begin. IPERS assures no risk to the fund or member payments.
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