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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 ...
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 board oversees $90 billion invested for 500,000 teachers and retirees. Republican former Gov. John Kasich initially appointed Wade Steen to the board for a four-year term. DeWine reappointed ...
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. [19
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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