Officials whose constituents pay more than $5 billion a year into Pennsylvania’s mammoth public-school pension fund reacted with worry — and some with outrage — to its disclosure Friday of an an “error” that exaggerated the fund’s profits.

Gov. Tom Wolf called for greater scrutiny of the $62 billion fund, known as PSERS and Pennsylvania’s largest, saying that “strong oversight” by its board was “clearly warranted, given this apparent error.”

In a statement, Wolf said the board should “improve governance” after it completes an investigation into the mistake. Any board member who has not acted in the interest of the pensioners “should resign immediately,” he said.

PSERS did not answer questions submitted by The Inquirer.

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