Dan Minnich News Today

AG Dave Yost has filed a lawsuit to remove two members of the retired teachers' pension fund, stating they are participating in a contract steering "scheme" that could directly benefit them.

Eleven new businesses opened in the past year, according to the Grand Avenue Business Association.

Ohio State Teachers' Retirement System is beset by controversy as teachers sue over COLA cuts and plan losses, but executives are countering the claims.

A previous report on the pension fund managers proposal for staff bonuses can be see in the player above. COLUMBUS, Ohio (WCMH) — A man who sits on the board for the State Teachers Retirement System (STRS) was asked by Ohio Gov. Mike DeWine to step down. In an email obtained by NBC4, STRS board […]

Meantime, it's not yet known whether retired teachers will receive a cost-of-living increase in a year of high inflation.

COLUMBUS, Ohio (WCMH) – Managers of Ohio’s $90 billion public teacher pension fund are considering a larger round of bonuses for its investment staff despite retired educators’ concerns. At its monthly meeting on Thursday, the State Teachers Retirement System (STRS) presented to its 11-member board a proposal to set aside $11.1 million of its $115 […]

Promat’s return after a four-year absence showed a greater emphasis on robotics and how logistics improvements can make automation better in manufacturing facilities.

The entrance to the Ohio State Teachers Retirement System headquarters in Columbus. Photo by Marty Schladen, Ohio Capital Journal.

The Ohio State Teachers Retirement System still hasn't said exactly how much of its members' money it lost when Silicon Valley Bank failed last weekend.

Already under fire for high pay despite big investment losses, the pension system for Ohio's retired teachers lost between $27 million and $40 million when Silicon Valley Bank failed last weekend. That appears to be by far the biggest investment by a public pension system in the United States.