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The chairs of the Ohio House of Representatives and Ohio Senate education committees are ex officio non-voting members of the board. The board is responsible for choosing a Superintendent of Public Instruction, who manages the day-to-day affairs of the Department of Education. The Board currently has the following members: [4]
STRS is one of five public pension systems in Ohio. Combined, the five systems have about $225 billion invested for 655,000 public employees, 486,000 retirees and 1.1 million former government ...
The State Teachers Retirement System of Ohio serves nearly 493,000 active, inactive and retired Ohio public educators. STRS Ohio is one of the largest public pension funds in the country.
A battle is under way for the future of Ohio’s $94 billion teacher pension fund, as would-be reformers’ attempts to deliver long-promised benefits to retirees with the help of an aggressive ...
Head of Ohio's teacher pension fund retires Sunday, saying fund is strong despite staff vacancies By JULIE CARR SMYTH Associated Press COLUMBUS, Ohio (AP) — The outgoing head of Ohio's troubled teachers retirement system said that she is leaving the fund in strong fiscal condition, despite the turmoil at the top that her successor will inherit.
Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
State Teachers Retirement System of Ohio will lose its interim director and investments chief in the latest round of exits. Ohio teachers' pension fund to lose 2 key executives amid turmoil Skip ...
Prior to July 2013, ODJFS was also the state agency responsible for the administration of Ohio's Medicaid program. In July 2013, a new state agency was created, the Ohio Department of Medicaid (ODM), Ohio’s first Executive-level Medicaid agency. ODJFS employs about 2,300 full time employees and has an annual budget of $3.3 billion. [2]