Saturday, December 17, 2011

Who will be the "new" ORSC replacement for Aristotle Hutras?

From John Curry, December 17, 2011

I know there is one applicant that I certainly wouldn't want to see lead this body....see if you can spot "her!"*

John

• Christopher Angles, who worked 13 years at the Ohio Police & Fire Pension Fund until September, most recently as a manager of the health-care trust.
• Bethany Rhodes, deputy legal counsel for Ohio House Republicans. She previously was senior legislative aide to Rep. Lynn Wachtmann, R-Napoleon, who sits on the commission.
• William Twitty, a health-care manager who spent 15 years at the Ohio Police & Fire Pension Fund. He has been a substitute math teacher for Columbus Public Schools since September 2010.

http://www.dispatch.com/content/stories/local/2011/12/15/pension-panel-appoints-interim-director.html


* That's right, Bethany......formerly a senior legislative aide to Rep. Lynn Wachtmann R - Napoleon. If you will remember, Wachtmann was the politician who said that all public servants should have their pensions figured on a FAS (final average salary) that was calculated by "averaging" all of their annual salaries, not the best 3! Now do you see why I am not happy?
John

Pension panel appoints interim director
Search for permanent leader widens
The Columbus Dispatch, December 15, 2011
This Ohio’s pension oversight body will have an interim director while lawmakers conduct a nationwide search for a permanent leader.
Anne Erkman, staff attorney for the Ohio Retirement Study Council, will temporarily head the council after longtime director Aristotle Hutras retires at the end of this month.
Erkman was appointed in a unanimous vote yesterday by the commission. She does not intend to apply for the permanent job.
The board also has extended the deadline to apply for the position until Jan. 13 and has decided to advertise in national retirement publications and on more websites. The goal is to make a hire in February.
Three people have applied so far to replace Hutras:
• Christopher Angles, who worked 13 years at the Ohio Police & Fire Pension Fund until September, most recently as a manager of the health-care trust.
• Bethany Rhodes, deputy legal counsel for Ohio House Republicans. She previously was senior legislative aide to Rep. Lynn Wachtmann, R-Napoleon, who sits on the commission.
• William Twitty, a health-care manager who spent 15 years at the Ohio Police & Fire Pension Fund. He has been a substitute math teacher for Columbus Public Schools since September 2010.
One of the new director’s primary responsibilities will be helping the Ohio legislature develop public-pension policy and legislation, according to the job description posted on the commission’s website.
Two years ago, in order to get on steadier fiscal ground, Ohio’s five pension plans proposed higher retirement ages, lower cost-of-living adjustments and bigger deductions from employee salaries.
But before moving forward, the commission chose an outside consultant last month to give independent advice on pension reforms.
The five retirement systems, with $163 billion in assets, cover more than 1.5 million public workers, retirees and their beneficiaries.
Larry KehresMount Union Collge
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