State Teachers Retirement System

A special audit found no fraud but suggested Ohio lawmakers need to make more transparent the fund’s investment strategy and performance incentives.

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.

The forensic investigator is raising questions about the whereabouts of a special audit of the State Teachers Retirement System announced more than a year ago, which came about after a report he did for retired Ohio teachers.

Secretary of State Frank LaRose says House, Senate candidates won't be on the May primary ballot after district maps were invalidated again; a debate among Ohio Republican candidates for governor has been canceled; more than 150,000 retired Ohio teachers will see a cost of living adjustment for the first time in years; and more stories.

The State Teachers Retirement System has voted to bring back the wage adjustment after strong investment returns in the last fiscal year, but also after teacher protests and a critical report.

Unions representing retired school employees are putting pressure om Ohio lawmakers not to freeze or cut cost-of-living allowances in their pensions.About…

Retired teachers in Ohio will not see a cost of living raise for the next five years. The State Teachers Retirement System board has voted to stop the…