Pensions
Ohio Passes Bill Barring State Pension Funds, University Endowments From Prioritizing ESG in Investing, Stakeholder Activism
Ohio Senate Bill 6 now headed to Governor Mike DeWine’s desk to be signed into law.
Tag: State Teachers Retirement System of Ohio
Newsmakers
STRS Ohio Names Interim Executive Director
Aaron F. Hood has been named to the role amid ongoing turmoil at the pension fund.
Newsmakers
STRS Ohio CIO, Acting Executive Director Resign
Controversy continued at the $92 billion Ohio teachers' pension.
Pensions
STRS Ohio Returns 10.53% in Fiscal 2024
The assets of the State Teachers Retirement System of Ohio grew to $95.3 billion.
Pensions
Ohio State Representative Proposes Consolidation of State Pension Systems
In response to governance issues at STRS Ohio, a consolidation of the state’s five retirement systems was proposed at an Ohio Retirement Study Council meeting.
Pensions
STRS Ohio Board Votes Against Performance Bonuses for Investment Staff
The board of the pension fund voted 5-4 to negate any performance-based compensation.
Pensions
Ohio Attorney General Calls for Removal of Two Teachers’ Pension Board Members
Attorney General Dave Yost accused the members of breaching their fiduciary duty to the fund.
Asset Allocation
State Teachers Retirement System of Ohio Returns 7.55% in Fiscal 2023
Traditionally a strong performer for the pension fund, alternatives underperformed during the fiscal year.
Pensions
Ohio STRS Board Approves 1% Cost-of-Living Adjustment
The teachers’ pension fund also delays increasing the minimum years of service to be eligible for retirement benefits.
Regulation
Ohio Teachers Pension Sued over Eliminated COLAs
Plaintiffs says retirement system board reduced benefits unlawfully.
Ohio Teachers’ Plan Nabs 20% Stake in New York Tower
Retirement system joins Allianz and Kuwait Investment Authority as Hudson Yards investors.
Asset Allocation
Ohio Teachers’ Pension System Buys Remodeled Texas High-Rise
State retirement system targeting Dallas for real estate portfolio investments.