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Can there be a claim made against any type of fiduciary insurance policy that PERS may carry on the Board?

April 26, 2017carry claim Fiduciary insurance policy PERS type

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Can there be a claim made against any type of fiduciary insurance policy that PERS may carry on the Board?

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Even if the PERS Board carried a fiduciary insurance policy the amount of money that could be recovered would be insignificant in the context of a judgment which has an impact in excess of a billion dollars on retiree benefits.