Ohio teachers retirement chief retires herself

COLUMBUS -- The outgoing head of Ohio's teacher retirement system said she's leaving the fund in strong fiscal condition despite turmoil at the top that her successor will inherit. Lynn Hoover retires as acting executive director and CFO of the $94 billion State Teachers Retirement System of Ohio on Sunday. She said the 545,000-member fund's returns remain within the top 10% of peer funds around the country.