STRS is bleeding $16 million each day.1
Ohio educators retiring this year will forego around $800k in retirement due to no COLA2
STRS has chosen to cut teacher benefits, make riskier investments and pay astronomical fees to Wall Street–despite massive unfunded mandates3
STRS pays out roughly twice as much in benefits as it receives in contributions4
Active Ohio educators contribute 14% for a pension benefit worth approximately 11%5
STRS is the only pension in America where member contributions exceed the actuarial value of future benefits6
STRS has lost money relative to passive indexing for each of the past 13 years, totaling negative $12.5 billion7
Every penny saved from 2012 pension reform has been squandered by STRS’s investing habits8
STRS staff paid themselves millions for losing billions to Wall Street9
Ohio educators are contributing 40% more, working 4 years longer, and receiving around $800k less in retirement10