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Dean and Patty Dennis worked in Ohio schools for 30 years, paying into a state pension plan. Then the pension stopped giving them cost-of-living increases.
Ohio Attorney General Dave Yost filed a lawsuit to remove two board members of the State Teachers Retirement System. ... The state's second largest public pension fund oversees about $90 billion ...
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.
The retirement system is also keeping a close eye on the rollout of Ohio's new universal voucher system, which is open to both public and private school students. “To the extent that it starts taking kids out of public education, thereby reducing teachers, thereby reducing payroll, that does affect our system,” she said.
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 ...
The proposed increase in the contribution rate for the police side of the pension would cost Ohio cities an additional $80 million a year. Cities said they simply can’t afford it.
An official is entitled to an EU pension after at least 10 years of service (or if he reaches the age of 63). [4] EU officials normally reach retirement age at 63, but it is also possible to take early retirement with a reduced pension from the age of 55, or to work up until the age of 67 (but with no corresponding increase in pension rights).