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The State Teachers Retirement System of Ohio is the state's second largest public pension fund and oversees about $90 billion invested on behalf of 500,000 teachers and retirees.
More than 500,000 beneficiaries rely on the STRS pension fund, 157,000 of them retirees. Ohio teachers contribute 14 percent of their salaries to the fund each year, an amount matched by their ...
STRS Ohio is governed by an 11-member board that includes appointees and elected members. The board oversees $90 billion invested for 500,000 teachers and retirees.
The State Teachers Retirement System of Ohio is facing a "hostile takeover," according to a detailed, unsigned memo.
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Approximately 93% of the working population in the United States are employees earning a salary or wage. [1] Typically, cash compensation consists of a wage or salary, and may include commissions or bonuses. Benefits consist of retirement plans, health insurance, life insurance, disability insurance, vacation, employee stock ownership plans, etc.
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 ongoing conflict surrounding the State Teachers Retirement System of Ohio has reached a ... into consideration the overall health of the fund and what would be available for retirees now and ...