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Ohio Police and Fire Memorial Park is a memorial and park commemorating Ohio's police officers and firefighters, in Downtown Columbus, Ohio, United States. The park is north of Town St. just east of Third St. It features a sculpture by Ronald Dewey, engraved bricks, pavers, and benches.
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The program is administered by the Police & Fire Retirement Fund (OP&F). This fund was created in 1965 in an effort to consolidate 454 local public safety pension funds across Ohio. Currently OP&F serves approximately 27,000 active members and more than 30,000 retirees and their beneficiaries. [ 24 ]
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Since 2001, U.S. statewide pension funds have experienced significant funding challenges due to the recessions of 2001-2002 and 2008-2009. Prior to the Dot-Com Crash, statewide pension funds were over 95.6% funded in the aggregate. In 2002, the funded ratio had declined to 82.1%.
The Ohio pension plan's holdings in private equity and hedge funds have stumbled. In each of the past five years, the investments returned an average of 6.7 percent, well below the almost 10 ...
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In 1926, the city leased the airport and named it Chicago Municipal Airport on December 12, 1927. [1] By 1928, the airport had twelve hangars and four runways, which were lit for night operations. [9] A major fire early on June 25, 1930, destroyed two hangars and 27 aircraft, "12 of them tri-motor passenger planes."