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Showing posts from March, 2015

March Board News

(The text below is reprinted from the news release by STRS on 3/20/15.)

Hayden Unopposed for Retirement Board Election In 2011, members elected Taiyia Hayden to a contributing member seat on the Retirement Board for a term that ends Aug. 31, 2015. Ms. Hayden was the only STRS Ohio contributing member to file enough completed petitions for the 2015 election for this seat by the deadline of Feb. 27, 2015. Since she is unopposed, in accordance with Ohio statute, no election needs to be held and she will continue in this seat through Aug. 31, 2019. Hayden is an elementary school teacher for Columbus Public Schools. Board members receive no compensation other than reimbursement for necessary expenses.

Board Committee Discusses Further Development of Funding Policy The State Teachers Retirement Board’s Ad Hoc Committee to Study Funding Policy met in March to discuss potential improvements to the board’s funding policy. STRS Ohio staff shared with the board a presentation on plan volatility ba…