Edward Siedle on the Ohio Retirement Study Council (ORSC)

"The Council is merely responsible for picking up the phone every ten years and hiring outside firms to do the work. It’s that easy. Yet even making those calls to prospective auditors once a decade has apparently long proven to be too burdensome for the Council’s 14 overworked members. Despite the statutory requirement of fiduciary and actuarial audits at least every 10 years, it has been approximately 15 years since the last such audits of the State Teachers Retirement System commissioned by the Council."

~ Edward Siedle