“Family caregivers are the backbone of our Nation, making tremendous sacrifices to be there for the people who need and cherish them most. This month, we honor their selfless love and courage, and we recommit to getting them the support they deserve. They should know their country has their backs.” - President Joe Biden

Members are paying for inflation protection, they are just not receiving it. The current benefit model, which has no COLA obligation at all, acts as a risk-transfer, non Social Security, wealth-extraction mechanism. It is one of the most dangerous, irresponsible public pension models in the country because it is designed to extract wealth, not fund retirements. If a private corporation did this, it would be considered fraud.

The agenda for ORSC's meeting on October 8, 2026, includes a discussion of the 'Retirement at Risk' research document, which raises questions about discrepancies between our pension system and the Ohio Public Employees Retirement System (OPERS).

Do you know the three main ways to get Medicare coverage? If the answer is "not really" (or you just want to double-check), there's still time to join us. This free webinar explains when and how to enroll, the three main coverage paths and how they differ, and how to figure out what fits your situation.

The next attorney general must take a proactive approach to these boards and the Ohio Retirement Study Council. Years of turmoil need to end. For nearly a decade, STRS pensioners didn’t receive a cost-of-living adjustment — and that’s just the tip of the iceberg.

Numerous financial experts, including our own state auditor, have questioned STRS investment practices and suggested they have cost members billions of dollars. Too many fees and investment expenses go unaccounted for because of how we operate. We are incentivizing staff to direct our monies into a black hole.

The public does not need access to every so-called portfolio-company trade secret. It does need enough information to determine whether the people entrusted with public retirement money are protecting the public—or merely signing what Wall Street puts in front of them.

In simple terms the paper alleges that STRS uses self-reported investment returns to justify payment of PBI (bonus) to its investment staff while the audit driven returns are far less than what STRS uses to award bonus payments to staff. The audit driven returns are significantly lower than the returns calculated by STRS staff, suggesting that investment staff have received bonus payments that the data do not support.

Retired teachers met with Ohio House candidates Cecil Thomas and Rachel Baker at the September 15th meeting of the Hamilton County Retired Teachers Association. The candidates shared their views on issues important to retired educators.