Ohio study panel hears experts: board composition should center on fiduciary duty
National and consultant experts told the Retirement Study Council that teacher- and public-pension boards vary widely across states and that any change in Ohio should focus on fiduciary duties, not politics; presenters offered comparative data on board size, member selection, and recent cost-of-living adjustments.
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Speakers at a Retirement Study Council meeting summarized how teacher and public pension boards are structured across the U.S. and urged Ohio lawmakers to design any changes around fiduciary duty rather than representative politics.
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