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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 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.
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 ...
Each year for a decade, State Teachers Retirement System cut teacher benefits while rewarding themselves with shameless pay raises and sham bonuses.
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
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 ongoing conflict surrounding the State Teachers Retirement System of Ohio has reached a dangerous state with investigations, claims of fiduciary negligence and a lack of trust in the system ...
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