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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 ...
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. In a ...
The retirement system is also keeping a close eye on the rollout of Ohio's new universal voucher system, which is open to both public and private school students. “To the extent that it starts taking kids out of public education, thereby reducing teachers, thereby reducing payroll, that does affect our system,” she said.
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]
The State Teachers Retirement System of Ohio is facing "a hostile takeover of a public pension by private interests," according to a 14-page anonymous memo that surfaced Wednesday.
The Ohio Retirement for Teachers Association and STRS Watchdogs began pressing the board to restore the COLA. STRS has about 500 employees and manages about 70% of the $90 billion portfolio in-house.
The structures, built for state offices in the 1960s, are situated immediately north and south of the Ohio Judicial Center. The Ohio Department of Education occupies 25 South Front. 145 South Front Street has been vacant since 2006, though plans to create a mixed-use development in the building were announced in 2022.