Layoffs at STRS? Looks like it!
From John Curry, July 13, 2010
Teachers pension system lays off nine employees
Columbus Dispatch, July 13, 2010
By James Nash
By James Nash
The State Teachers Retirement System of Ohio has slimmed down.
The pension system for retired teachers, university professors and other educators laid off nine employees last month, a spokeswoman confirmed.
The layoffs were not related to the wobbly economy, which has battered the investments of all five of Ohio's public pension systems, said Laura Ecklar, a spokeswoman for the retirement system. None of the people who lost their jobs was involved in investment decisions; they were part of the member-benefits team.
The staff reduction "was done after a review of operating efficiencies and procedures that resulted in some reorganization in this area," Ecklar said
Some retired teachers have suggested that the retirement system is bloated with workers, particularly managers.
posted by Kathie Bracy at 12:29 PM
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