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A sign hangs outside the State Teachers Retirement System of Ohio board meeting. The state's second largest public pension fund oversees about $90 billion invested on behalf of 500,000 teachers ...
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 ...
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 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.
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 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 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.