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A battle is under way for the future of Ohio’s $94 billion teacher pension fund. The State Teachers Retirement System of Ohio is facing intense scrutiny, including state investigations and a lawsuit. Would-be reformers are attempting to deliver long-promised benefits to retirees, but the governor and attorney general say they enlisted the help of an aggressive and untested investment firm with its eyes on AI-driven trading. Wall Street and the pension fund's half a million members are watching the drama unfold. A special meeting has been called for Thursday, where next steps could b...

A battle is under way for the future of Ohio’s $94 billion teacher pension fund. The State Teachers Retirement System of Ohio is facing intense scrutiny, including state investigations and a lawsuit. Would-be reformers are attempting to deliver long-promised benefits to retirees, but the governor and attorney general say they enlisted the help of an aggressive and untested investment firm with its eyes on AI-driven trading. Wall Street and the pension fund's half a million members are watching the drama unfold. A special meeting has been called for Thursday, where next steps could b...

The future of Ohio’s $94 billion teacher pension fund is uncertain. The State Teachers Retirement System of Ohio faces scrutiny, state investigations and a lawsuit.

The Ohio AG said he's acting to improve STRS transparency while suing to remove two board members who called for the same.

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.