By Henry Cordes, includes “… She and the school board are backing a proposal that would transfer administration of the Omaha Public Schools’ financially troubled pension fund to the state. To be clear, such a change would not relieve the district of the system’s massive $848 million shortfall … The debate comes in the wake of a World-Herald investigation last year that revealed mismanagement and bad investment decisions by the OSERS trustees that cost the pension fund more than $500 million.”