Αποτελέσματα Αναζήτησης
19 Αυγ 2024 · Two employee-member seats and one retiree-member seat are up for election with the terms beginning July 1, 2025, and ending June 30, 2029. Any member of SERS, other than a disability benefit recipient, is eligible to run for an employee-member seat,…
- CBBC Into Law
School Employees Retirement System of Ohio. Toggle...
- Cost of Living Adjustment
At its September meeting, the Board unanimously voted to...
- 2024 Service Retirement Guide
requirements, pension formulas, and cost-of-living...
- CBBC Into Law
19 Σεπ 2024 · At its September meeting, the Board unanimously voted to approve a 2.5% cost-of-living adjustment (COLA) increase for eligible retirees and beneficiaries in 2022. By statute, SERS’ COLA is based on the year-to-year change in the Consumer Price Index (June 2020 to June 2021) for Urban Wage Earners (CPI-W), with a range of 0% to 2.5%.
requirements, pension formulas, and cost-of-living adjustments may change over time. In addition, the SERS Retirement Board can change health care coverage at any time. 1 Register for your SERS Account Login. 2 Attend a Retirement Conference. 3 Schedule an appointment with a SERS counselor. 4 Choose an effective retirement date.
The current retirement eligibility rule requiring 34 years of service for an unreduced retirement benefit under the Defined Benefit Plan has been made permanent. The requirement was previously scheduled to increase to 35 years of service on Aug. 1, 2028.
Based on a subcommittee recommendation, the full council approved a request for proposals for an actuarial audit of the School Employees Retirement System (SERS). State law calls for this type of audit on all state retirement systems once every 10 years.
The SERS Board has approved the final piece of an anti-spiking provision known as the Contribution Based Benefit Cap (CBBC). The state budget bill, House Bill 33, included the provision that impacts future SERS retirees. The CBBC will go into effect on August 1, 2024.
12 Φεβ 2022 · Ohio’s largest public pension fund is asking state lawmakers to allow it to cut a future benefit increase for more than 200,000 retirees. And more changes…
