pensions

The special audit was announced in October 2021, after retired Ohio teachers hired a forensic investigator and pensions expert to look into why the fund's board said it couldn't pay cost-of-living increases for the last five years.

A bill would require the state's five public employee pension funds to divest themselves of Russian assets and ban state and local governments from contracting with Russian companies; Legislation would restore the pensions of more than 20,000 Delphi retirees; the Cuyahoga County Board of Elections is bumping the pay for poll workers; and more stories.

Mining company Cleveland-Cliffs will buy West Chester, Ohio-based steelmaker AK Steel in a deal valued at $1.1 billion, the companies announced Tuesday in a news release. The merger will combine Cliffs’ iron ore operations with AK Steel’s manufacturing business, which largely supplies the automotive industry. Cliffs CEO Lourenco Goncalves will lead the company, according to the release, and AK Steel CEO Roger Newport plans to retire.

Members of the U.S. Congress left Capitol Hill and held a special meeting in Columbus on the national pension crisis. Pension plans for more than 1…

Here are your morning headlines for Friday, July 13: Two Ohio lawmakers introduce sports gambling bill;Researchers expect smaller, significant algae bloom…

Thousands of union workers and retirees flocked to the Statehouse from around the country. They’re rallying in Columbus for a fix to what they see as a…

Here are your morning headlines for Thursday, July 12:Workers to rally at Ohio Statehouse amid growing pension crisis;Remains found of Akron girl who went…

On Friday, Ohio’s two U.S. senators will hear from workers, retirees and employers whose pension plans are facing a financial crisis.A joint House and…

Some 1.3 million retired unionized workers are facing a growing crisis surrounding underfunded pensions. And with 60,000 of those in Ohio, it’s sure to be…

More than 100 Teamsters and other union retirees and active members crowded into a union hall in Canton this morning to get an update from Sen. Sherrod…