Ohio pension fund board won't seek travel funds
Written by Associated Press   
Wednesday, 01 May 2013 09:46

COLUMBUS, Ohio (AP) — Two board members of an Ohio public employees pension fund are withdrawing their controversial efforts to seek reimbursement for a trip to Hawaii to attend a conference.

The Columbus Dispatch (http://bit.ly/12PQTCP ) reports that the board members dropping the effort Tuesday also ended the threat of the Legislature ending all travel reimbursements for pension fund trustees.

A state rules committee had voted Monday to end the travel reimbursements.

The board of the School Employees Retirement System had defied pressure to cancel the trip for two board members, who said they needed to attend the conference to learn strategies for investing money. It wasn't clear if they will go at their own expense.

The retirement system represents more than 125,000 contributing school cooks, bus drivers and custodians.

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Information from: The Columbus Dispatch, http://www.dispatch.com


Copyright 2013 The Associated Press.

 

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