Tag: Ohio

Pensions July 8, 2025

Ohio Legislators Reshape Teachers’ Pension Board Structure

According to the recently passed state budget, teachers will see their representation on the State Teachers’ Retirement System of Ohio’s board slashed to three from a majority of seven by 2028, following years of governance conflict.

Pensions December 12, 2024

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.

Newsmakers November 18, 2024

STRS Ohio Names Interim Executive Director

Aaron F. Hood has been named to the role amid ongoing turmoil at the pension fund.

Pensions September 17, 2024

CDPQ Acquires $546M Stake in Ohio Electric Utility

The Quebec pension fund’s indirect equity investment in AES Ohio is expected to close in the first half of 2025.

Pensions August 21, 2024

STRS Ohio Returns 10.53% in Fiscal 2024

The assets of the State Teachers Retirement System of Ohio grew to $95.3 billion.

Pensions July 12, 2024

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 June 25, 2024

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 May 16, 2024

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.

Pensions May 9, 2024

Ohio Governor Seeks Investigation into Teachers Retirement System

Aon, the pension fund’s investment consultant, abruptly dropped STRS as a client last month.

Asset Allocation October 20, 2023

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.

Asset Allocation October 18, 2023

At Least 8 States Buy Israeli Bonds Totaling More Than $100M to Support War Against Hamas

Moody’s warns that a prolonged conflict could hurt the country’s credit rating.

Pensions March 7, 2023

Teacher Pension Costs Triple Since 2001, Report Says

Research finds education retirement costs are significantly outpacing education spending.

Asset Allocation March 22, 2022

Ohio Teachers’ Pension Increases Alts and Fixed Income Targets, Decreases Public Equities

The pension was also able to implement a cost-of-living adjustment thanks to high returns this past year.

Pensions October 20, 2021

Ohio Pension Systems Report Robust Returns for Fiscal 2021

Asset allocation for the six plans has shifted toward alts and away from US equities over the past decade.

Asset Management Culture January 29, 2020

Ohio Pension Plan Would Disclose Manager Fees, Livestream Meetings Under New Legislation

In transparency move, proposed bill would also create a new legislative panel to review pension system fees and employee salaries.