![]() The Ohio Retired Teachers Association has called out the fund for paying millions in bonuses to staff though the fund lost more than $5 billion last year and has only paid one cost of living increase since 2017. Neville was appointed director in 2020, but has been with STRS since 2004.Ī retired teachers group has alleged the pension fund has put money into risky investments with big fees and is secretive about them. The STRS board suspended Bill Neville and called for an investigation after an anonymous letter from staff accused him of throwing furniture, making comments about his past relationships and about people’s appearances, and threatening staff whose family members spoke against him at board meetings. It’s the latest in a series of concerns at the State Teachers Retirement System. ![]() The board of the state’s $90 billion pension fund for retired teachers has suspended its executive director after staffers accused him of violent behavior and sexual harassment.
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