Ohio Retired Teachers Association Sues Ohio STRS for Transparency

https://www.ai-cio.com/news/ohio-retired-teachers-association-sues-ohio-strs-for-transparency/?fbclid=IwAR2UfBYZqsVbJi1tBuCS1pTysP5VqprUoCq15ZhlrSk7--L6F6vqUC79HDY

 From Chief Investment Officer, May 6, 2021: 

"Rayfield said that based on their responses, Steen concluded that the pension’s audits are not actual audits, but merely reviews of the information that Ohio STRS feeds the company performing the service. And when Steen sought facts to back up Ohio STRS’ claims that fund manager bonuses are based on performance benchmarks, Steen determined that there are no actual benchmarks used to determine bonuses."

Read the article here.