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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.
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The State Teachers Retirement System says that benefit could be restored this summer, but no final decision has been made.
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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…