Monthly Archives: February 2012

Annual report highlights Corporate Governance work

The Ohio Public Employees Retirement System Board of Trustees annually updates the OPERS Corporate Governance policy and guidelines to consider best practice standards. The just-released 2011 Corporate Governance Annual Report highlights our interactions with public companies. The OPERS Board adopted … Continue reading

Posted in Corporate governance, Pensions, Stock market | Tagged , , | 3 Comments

Ohio law permits rehiring retired pension recipients

Recent media reports concerning the topic of rehired retirees seem to suggest that pension systems such as the Ohio Public Employees Retirement System created the practice. In truth, it is Ohio law that permits retired public employees to be hired … Continue reading

Posted in Benefits, Pension Reform, Pensions | 18 Comments

New investment plan includes ‘floating’ policy target

The Ohio Public Employees Retirement System investment staff this year will be incorporating new asset allocation targets that include a small shift away from equities as well as the introduction of a floating, or dynamic, policy target. The 2012 OPERS … Continue reading

Posted in Economy, Investments, Stock market | Tagged , , , | 6 Comments

Ohio manager employs small-cap model for OPERS

When he was director of investments for a Cincinnati company’s pension fund in the early ‘90s, one of Len Haussler’s primary roles was to oversee the plan’s external managers. He recalls a particular manager not producing returns that were on … Continue reading

Posted in Investments, Pensions, Research, Stock market | Tagged , , , , , | 3 Comments