STRS bonus scandal gets even worse

From ORTA

October 24, 2022

NBC4: Ohio retired teachers’ pension fund suffers $5.3 billion loss as staff get bonuses

Remember back in August when STRS rushed to award $10 million in staff bonuses after informing the board that they only lost $3 billion this past year?

Well it’s gotten even worse!

Recently obtained reports now show that STRS didn’t just lose $3 billion last year, it lost $5.4 billion!

Click here to watch NBC’s report on the growing scandal:

STRS owes Ohio teachers an apology and those bonuses should be returned to the fund immediately.

So what can you do to help fight back?

First, click here to thank our State Auditor for launching his Special Audit Task Force of STRS and encourage him to further investigate STRS misrepresentations and enrichment of staff.

And secondly, click here to submit a letter to the editor for your hometown newspaper to bring more awareness to STRS failures and fraud.

Your voice matters. Together we are making a difference.

Ohio Retired Teachers Association

250 E Wilson Bridge Rd, Worthington, OH 43085

614.431.7002

https://www.orta.org/