Ohio pensions face 5 billion dollar taxpayer burden
State Teachers Retirement System and the Ohio Police and Fire Pension Fund cannot meet 30 year funding rules. Local governments may be asked to contribute more, raising taxes or cutting services to add about 400 million to funds now totaling 4.1 billion. Analysts project up to 5 billion annually in five years. Public pensions remain defined benefit, to the detriment of some taxpayers and amid debate over potential 401(k) style reforms.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Ohio Police & Fire
Columbus Dispatch
Employee Benefit Research Institute
Larry Rausch
Lancaster
Sears
Todd Book
Portsmouth
Ohio Retirement Study Council
Lynn Wachtmann
Tom Ash
Buckeye Association of
Lorain man charged in ex girlfriend assault and break-in
Richard Julio Rivera II, 22, faces aggravated burglary burglary and violating a protection order after forcing entry to his ex girlfriend home on Hancock Street at 2 46 a m. He allegedly punched the woman and pursued her into a bedroom while she protected her children. Police said she fled with one child as Rivera kicked a window and entered the residence.
MENTIONED IN THIS ARTICLE
Lorain
Richard Julio Rivera II
Rivera
Hancock Street
Health care costs strain Ohio public pensions
The Columbus report notes rising health care costs outpace pension funding as Ohio public pension systems struggle to pay for retiree care amid large portfolio losses. For every dollar paid in wages, government contributions to pensions range 14 to 26.5 cents, with 1 to 6.75 cents reserved for health care costs.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
The
Dayton Daily News
Erie Ice Kingdom Emerges Along Shoreline
Weekend cold snaps have turned Erie and its breakwall area into a pale ice kingdom with snow flurries forecast this week. A navigational warning light at Lakeview Park shows only a faint red glow through the iced hull. Wave action creates ice volcanoes as jets force water through cracks, forming cone shapes like lava flows.
MENTIONED IN THIS ARTICLE
Are Erie
Lakeview Park
Paideia teaching gains ground in Cincinnati schools
Cincinnati Public Schools runs four full paideia campuses where debate and Socratic dialogue shape learning from kindergarten to 12th grade. Advocates say the method boosts critical thinking and long term retention, though it faces pressure from standardized testing policies and budget limits.
MENTIONED IN THIS ARTICLE
Cincinnati
Mortimer Adler
Terry Roberts
Chapel Hill
N.C
Chicago
Chattanooga
Tenn
Roberts
Also Mentioned on This Page
Associated Press
Lorain Man
the Chronicle-Telegram
Ssociated Press
Chuck Humel
Chronicle
Cincy School
Paideia
Shroder
Brandon Ross
Cincinnati Bearcats
Brian Kelly
Notre Dame
Chad
Flaig
Kelly
Ross
Samsung
Stewarts
Elyria
stewdFtappliance.com
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