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Showing posts from June, 2012

June Board News

(The text below is reprinted from the news release by STRS on 6/15/12.) Retirement Board Chair, Vice Chair Named During its June meeting, the State Teachers Retirement Board elected Dale Price (Toledo Public Schools, Lucas County) as its vice chair for the coming year. According to Board Policies, Mark Hill (Worthington City Schools, Franklin County), who is currently serving as vice chair, automatically moves into the position of chair. Hill and Price will assume their new responsibilities on Sept. 1, 2012. Retirement Board Accepts the Annual Investment Plan The Retirement Board voted to accept the Investment Plan for fiscal year 2013 (July 1, 2012 – June 30, 2013). The plan details staff's investment strategy for each asset class comprising the system's investment fund. STRS Ohio staff expects only modest growth in the capital markets during fiscal year 2013. With the threat of global debt problems having a harmful effect on the markets, STRS Ohio will c