Pension Fund Takeover Concerns Ohio Teachers Retirement System
Columbus, Ohio – The State Teachers Retirement System of Ohio is currently embroiled in a controversy, as a 14-page anonymous memo recently brought to light suggests the possibility of “a hostile takeover of a public pension by private interests.” Governor Mike DeWine has taken swift action by forwarding the memo and accompanying documents to various state agencies for further investigation and appropriate action. With $90 billion under its management for 500,000 teachers and retirees, STRS …