Ohio Public Employees Retirement System (PERS) has made a $425m (€393.1m) commitment to opportunistic US real estate via an ...

The state has racked up a big pension debt to the tune of $26.5 billion dollars.But the idea of changing benefit plans for future employees isn’t sitting well with one group of public employees.

It reduces our ability to diversify our portfolio and maximize returns for the retireesd,” wrote Jessica Howell, the Treasury ...