State Teachers Retirement System of Ohio

Retirement system chief doesn’t have confidence of board

BY: - February 20, 2023

Long criticized by members, the executive director of the State Teachers Retirement System of Ohio on Thursday failed to win a confidence vote by the system's board. The board instead voted 5-5 when they asked if it had confidence in the director, Bill Neville.

Just after giving out $10M in bonuses, teachers retirement system announces $5.3B in losses

BY: - October 21, 2022

The Ohio State Teachers Retirement fund in August voted to give its employees $10 million in bonuses even though it estimated that it had lost $3 billion during the fiscal year that ended July 1. On Thursday, the official numbers came in showing that the fund’s losses were actually much larger — $5.3 billion — […]

Retired teachers go to court for Ohio pension records

BY: - July 7, 2022

An analyst working for Ohio retired teachers went to court last week seeking records relating to the state pension funds. The analyst is trying to determine whether teachers' pension money is being squandered on high-fee "alternative" investments such as private equity and hedge funds. He is also investigating whether external consultants directing such investments are also being paid by the firms in which retirement system money is being invested.