Head of Ohio’s teacher pension fund retires Sunday, saying fund is strong despite staff vacancies ...Middle East

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Head of Ohio’s teacher pension fund retires Sunday, saying fund is strong despite staff vacancies
COLUMBUS, Ohio (AP) — The outgoing head of Ohio’s troubled teachers retirement system said that she is leaving the fund in strong fiscal condition, despite the turmoil at the top that her successor will inherit. In a recent interview with The Associated Press, Acting Executive Director and CFO Lynn Hoover said that the $94 billion State Teachers Retirement System of Ohio’s returns over the short term, middle term and long term remain within the top 10% of peer funds around the country. “We’ve delivered,” said Hoover, who has seen her investment staff denied performance bonuses as part of recent tensions. She retires Sunday after 31 years at STRS, one of the nation’s oldest and largest publ

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