Pension Power Struggle: Ohio Attorney General Files Lawsuit to Remove STRS Board Members Amid Turbulent Financial Climate
Columbus, Ohio – The State Teachers Retirement System of Ohio is facing a legal battle as Ohio Attorney General Dave Yost filed a lawsuit aiming to remove two board members for breaching their fiduciary duty. Yost alleges that they failed to act in the best financial interest of the pension fund, which oversees $90 billion on behalf of 500,000 teachers and retirees. The lawsuit comes amidst a period of turbulence for the system, with control …