From Tom Curtis: Performance audit due in May

From: Tom Curtis

Sent: Monday, January 23, 2006

Subject: 012306 Curtis To All, Performance Audit Due In May

Hello Everyone,

I talked with Mr. Aristotle Hutras, the director of the Ohio Retirement Study Council this morning and was told the ORSC is also anxious to get the performance audits behind them. IFS, Inc., the auditing firm handling this, is in the process of completing their reports for both the STRS & the OF&PRS and the planned presentations are in May. He told me it has taken so long because of the number of people that had to be interviewed and the handling of the non- investment bonuses and finalization of such for the STRS. They want the two retirement systems work completed at the same time and presented the same month.

Take care,

Tom Curtis

CORE Advisory Committee Member