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1 hour ago · In 2022, the fund incurred a $5.3 billion loss and a $27 million investment in the failed Silicon Valley Bank. Educators have expressed concerns over the management of the pension fund, citing suspended cost-of-living adjustments (COLAs) for over 150,000 retired Ohio teachers and changes to the qualifying retirement number.
9 hours ago · -- National Bank has downgraded Pivotree to Sector Perform, from Outperform, based on a soft 2024 outlook as the tones of major retailers and consumer brands have become increasingly...
16 hours ago · Ohio Attorney General Dave Yost has launched an investigation into the teachers’ pension fund after allegations that a “hostile takeover” is putting educators’ money in jeopardy. The State Teachers Retirement System of Ohio (STRS) is a $90 billion pension fund — and has been involved in controversy for years. The Reformers Educators have had it… Continue reading Ohio AG ...
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related to: metcalf bankVisit Our New Locations in Columbus for Guidance on Your Banking Needs. Schedule an Appointment and Get Personalized Banking Help at Our New Columbus Locations.
