Ending Taxpayer Funded Political Advocacy

Currently, Ohio’s state government employee retirement program is deeply invested in politically motivated funds that are more concerned with advancing “Environmental, Social, and Governance Policies” (ESG) than creating quality returns for state employees. Legislation is needed that strengthens fiduciary rules to protect pensioners from politically driven investment strategies. These strategies reduce investment returns over the long term which leads to underfunding in state pension plans across the country.