Asset allocation for the six plans has shifted toward alts and away from US equities over the past decade.
Tag: Ohio Public Employees Retirement System
Asset Management Culture
In transparency move, proposed bill would also create a new legislative panel to review pension system fees and employee salaries.
The board at OPERS voted to reduce medical benefits to avoid collapse by 2030.
Proposed retrenchment would apply to workers hired in 2022 and beyond.
Cuts are expected to save pension an estimated $3.44 billion.