Retirees Association

Ohio Capital Journal: Director of Ohio teachers pension fund placed on leave

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Excerpt from the Ohio Capital Journal

Bill Neville, executive director of the State Teachers Retirement System of Ohio, has been placed on leave while special counsel hired by the Ohio Attorney General’s office investigates allegations made against him by system employees. The complaints, first reported by NBC4, appear to be separate from other controversies over the fund’s performance and investment strategies.

Unnamed employees sent a letter to the retirement system board accusing Neville of violent outbursts in which he threw furniture and threatened subordinates. The letter also accuses Neville of making sexually explicit statements at work, and of favoring certain male employees.

A spokesman for the retirement system said he couldn’t provide contact information for Neville or his attorney, and a phone number for the erstwhile executive director couldn’t immediately be found Monday.

The letter excoriating Neville urges authorities to conduct their own investigation.

“Do not take this letter at face value,” it says. “We are confident that an investigation into the conduct of the director will lead you to additional incidents.”

On Friday, Attorney General Dave Yost issued a statement saying that he was taking the claims made in the letter seriously.