Ohio Attorney General Dave Yost announced on Thursday that he is launching an investigation into the 'State Teachers Retirement System.'The move comes after Gov
by Rodney DuniganEntrance to the State Teachers Retirement System of Ohio in Columbus, Ohio .September 12, 2023 Ohio Attorney General Dave Yost announced on Thursday that he is launching an investigation into the 'The move comes after Gov. Mike DeWine raised serious questions about how the retirement system works and who provides vital oversight."I have been closely monitoring the ongoing news regarding the Ohio State Teachers Retirement System .
"Additionally, my office has received documents containing some other disturbing allegations regarding the STRS board. I have directed my staff to forward these documents to a number of relevant offices, including the Ohio Ethics Commission, the Ohio Retirement Study Council, Attorney General Yost, Auditor Faber, Treasurer Sprague, Secretary of State LaRose, and relevant members of the Ohio General Assembly.
Now, though, Gov. DeWine is calling for answers, pointing to recent audits pushing for improvements in performance and oversight of its board. Yost is actively exploring the applicable fiduciary removal statute to address any potential breaches by members of the STRS board. The investigation is in line with Yost’s commitment to rooting out any public corruption and instances of greed and deceit within public institutions.
STRS Investigation Retirement Yost Dewine Audits Governance
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