A forum for Ohio educators interested in bringing needed reform to our pension system (STRS Ohio). John Curry (strswatchdog@yahoo.com) researches many issues related to STRS Ohio and contributes them to this blog. Contributions from others are welcome, and may be sent to Kathie Bracy (kbb47@aol.com).
"STRS exists to pay member benefits. So why does STRS pay exorbitant broker commissions? The staff argue that they get better execution of trades and research. But according to Callan, every internally managed portfolio is below the peer group median for the past 10 years."
posted by Kathie Bracy at 8:16 AM
A graduate of the Oberlin Conservatory of Music and the Baylor University School of Music, I am a professional symphony musician by background. I am also a retired elementary classroom teacher (nonmusic), having taught in the Alliance (OH) City Schools 2-1/2 years and the Columbus Public Schools 30 years. My first job was as harp instructor at The University of Texas; currently I am a Lecturer in Harp at The University of Mount Union. As a retired educator and a life member of a number of professional organizations, including the Ohio Retirement for Teachers Association and the Ohio Education Association-Retired, I also worked through CORE (Concerned Ohio Retired Educators, which officially disbanded 9/20/12) to help bring about badly needed reform in our teachers retirement system, STRS Ohio. My e-mail: kbb47@aol.com.
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