Employment Verification for State Teachers Retirement System of Ohio.

The State Teachers Retirement System of Ohio, also known as STRS Ohio, is a public pension fund established in 1920 to provide retirement, survivor, and disability benefits for Ohio’s public school educators and their families. The system serves around 500,000 current and retired active educators and staff members from Ohio’s public schools, community colleges, and universities. STRS Ohio operates through a defined benefit plan, which guarantees a specific monthly retirement benefit based on a formula that takes into account an employee’s years of service, age at retirement, and final average salary. The system invests its assets in a diversified portfolio of domestic and international equities, fixed income securities, private equity, real estate, and other asset classes. As of December 31, 2020, STRS Ohio had $80.1 billion in assets under management, making it one of the largest pension funds in the United States. The system is governed by a 10-member board of trustees, six of whom are elected by active members and retirees of the system, while the other four are appointed by the governor of Ohio. STRS Ohio is committed to providing its members with retirement security and financial stability, and regularly reviews and adjusts its benefits and investment strategies to ensure the long-term health and sustainability of the fund.