"I have already reached out to both of the authors, and so I am going to be working on that issue, and I want either or both to communicate with Mr. Bernard and Retirement Study Council staff so that they can explain the methodology that allowed for that computation in the one column of Table 1. We've got to have Mr. Bernard, our staff, be able to reproduce those results." - Rep. Adam Bird, Chair, ORSC

"Retirement at Risk" lends academic support to concerns ORTA has raised for several years about STRS transparency, investment-return reporting and performance bonuses. It credits the ORTA-commissioned Benchmark investigation as part of the chain of events that brought these governance questions to the attention of state auditors and policymakers.

I recently scrolled through all of our blog posts since 2020 to see which one has received the most views. This one, posted on March 19, 2025, has received 7,034 views!

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The article lends academic support to concerns ORTA has raised for several years about STRS transparency, investment-return reporting and performance bonuses. It credits the ORTA-commissioned Benchmark investigation as part of the chain of events that brought these governance questions to the attention of state auditors and policymakers.

The lavish bonuses given out to managers of the State Teachers Retirement System of Ohio have long been criticized by this editorial board and others. Now a financial journal is weighing in with evidence that supports the case.

ORTA's county chapters play an important role in supporting Ohio’s retired educators through pension advocacy, networking opportunities, member benefits, and community involvement. Some chapters offer classroom grants and student scholarships. Joining your local chapter is a great way to stay informed, connected, and engaged during retirement.

John Damschroder, a reporter with The Blade newspaper in Ohio, said staff bonuses were paid while retired teachers’ COLA was not paid. So the Fund’s employees were essentially rewarded for impoverishing their members, because their real bosses in Wall Street made their profits.

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