From John Curry
March 25, 2021
A Tale of Two Investors
From the Ohio Treasurer's website of Pension System Salary most recent listings comes this story of two investors' wages!
Number 1 on this salary list is STRS's Mary Ellen Grant. May Ellen's salary was $376,670 AND HER BONUS WAS $289,283.
Grand Total = $665,953
Now...let's go down the salary scale list and find the highest paid Ohio Police and Fire pension system person....Theodore Hall. Theodore IS NUMBER 37 ON THE LIST - THAT'S RIGHT, #37. THEODORE IS THE CIO (CHIEF INVESTMENTS OFFICER) AT OHIO POLICE AND FIRE RETIREMENT SYSTEM. HE RECIEVES NO BONUS! His TOTAL salary was $327,018!
Grand Total = $327,018
WHAT'S WRONG WITH THIS PICTURE???????
MARY ELLEN MADE OVER TWICE AS MUCH WAGES AS DID MR. HALL FOR THE SAME YEAR!
Here is a link to this data: https://checkbook.ohio.gov/Salaries/Pension.aspx
P.S. Now do you see why the Administration at STRS did not want this salary schedule to go public?