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The District moved its central office in 2013 to its current location at 1111 Superior Ave. E, Cleveland, Ohio 44114. In 2013, Board Chair Denise L. Link won the Green-Garner "Top Urban Educator" Award, the highest honor given by the Council of the Great City Schools for significant contributions to urban schools and students. [16]
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 ...
In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000.
Before Ohio became a state, John Armstrong was Treasurer-General of the Northwest Territory from 1796 to 1803. [2] He was appointed to the post by the United States Congress. Under the first constitution of Ohio, 1803 to 1851, the state legislature appointed a treasurer. [2] Since the second constitution in 1852, the office has been elective. [2]
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.
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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.
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