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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 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.
Ohio Teacher Pensions Acting Executive Director and Chief Financial Officer Lynn Hoover poses in her office at the headquarters of the State Teachers Retirement System in Columbus, Ohio, on Friday ...
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 ...
In 1999, The Buckeye Institute moved from Dayton to Columbus, Ohio. [1] Columbus Mayor Greg Lashutka was formerly chair of the organization's board of directors. [9] Matt Mayer, who went on to found Opportunity Ohio, led the organization from 2009 through 2011. [10] Robert Alt, The Buckeye Institute's current president, assumed that role in ...
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.
Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
In 2014, OpenTheBooks became the first and only organization to publish all disclosed federal spending including salaries, contracts, grants, direct payments, and farm subsidies. The organization also created a Mobile App which provides access to all the data collected and was recognized on the editorial page of The Wall Street Journal .