Of All The Gin Joints In All The Towns In All The World

In all the world it a has been determined that one of PSPRS’ consummate insiders is found to be one of the best candidates for the top leadership position at the troubled Arizona Public Safety Personnel Retirement System pension?

Or are the trustees and the staff simply protecting their interests by nominating one of their own?

Smout was the PSPRS pension Deputy Administrator who authorized pay increases that ultimately resulted in raises of as much  $27,000 and in PSPRS Administrator James Hacking’s termination with prejudice.

Governor Outraged: Administrator Fired. Deputy Administrator Smout Approves Then Fails To Disclose Raises

According to the Arizona Republic’s July 14, 2014, article, “Trust records show that Deputy Administrator Jared Smout authorized the retroactive raises in December [2013]. Smout could not be reached for comment.”


 State pension system down to 3 finalists for top job

Craig Harris, The Republic | December 19, 2014


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