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- Ohio's five public state retirement systems are the State Teachers Retirement System (STRS), created in 1920 for teachers in public schools, colleges, and universities; the Public Employees Retirement System (PERS), created in 1935 for state employees and expanded in 1938 to cover local government employees; the School Employees Retirement System (SERS), created in 1937 for non-teaching school employees; the State Highway Patrol Retirement System (SHPRS), created in 1944 by the withdrawal of all...
www.orsc.org
OPERS is the largest public pension fund in Ohio and the 11th-largest public pension fund in the United States. OPERS provides retirement, disability and survivor benefits for more than 1 million public employees.
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- Contact Us
Ohio Public Employees Retirement System 277 E. Town Street...
- OPERS Online Account
The OPERS online account is a great way to stay in touch...
- Forms & Documents
Ohio Public Employees Retirement System 277 E. Town St....
- Health Care
While OPERS is not required to provide health care coverage...
- Traditional Pension Plan
Traditional Pension Plan. The Traditional Pension Plan is a...
- Member Education Center
The following educational opportunities will help you learn...
- Selecting Your Plan
Ohio's State Teachers Retirement System, School Employees...
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- Opers Leadership
- Who Is A Member of Opers?
- Contributions
OPERS Board of Trustees
The OPERS Board of Trustees — the governing body of the system — is responsible for the administration and management of OPERS. The board meets monthly to review and formulate policies concerning the members, contributors and benefit recipients of OPERS, and the OPERS office staff. 1. OPERS Board of Trustees 2. OPERS Board of Trustees - Meetings
OPERS Leadership Team
The OPERS Board of Trustees appoints an executive director and the executive director appoints other employees necessary for the transaction of business. The senior staff members include:
All employees who are paid in whole or in part by the state of Ohio, a county, municipality, or any other political subdivision of state or local government in Ohio must become members of OPERS unless they are covered by another state retirement system in Ohio or by the Cincinnati Retirement System. Membership begins from the first date of employme...
Member Contributions
A Personal Statement of Benefits based on a member's account value as of the previous December 31 is mailed during the first half of each year. Federal tax law makes it possible for employers to pay (pick-up) member contributions to OPERS. This enables employers to designate member contributions picked-up by the employer as tax deferred. 1. Member Contribution Rates (Table) 2. Employer Contribution Rates (Table)
Earnable Salary
Under Ohio law, contributions are made on an employee's earnable salary. Not all compensation is considered earnable salary. The following are examples of what compensation may be included or excluded for purposes of contributions to OPERS. Earnable salary includes amounts such as salary, wages, pay for sick or vacation leave used or converted in the year earned (except for state employees), pay for overtime worked or converted in the year earned, or longevity supplements. Earnable salary doe...
The Ohio Public Employees Retirement System (OPERS) offers two plans to new hires: a Traditional pension plan (defined benefit) and a Member-Directed plan (defined contribution). A third plan, the Combined Plan, remains for those already enrolled.
Aug 16, 2022 · Ohio's public employees are represented by several retirement systems. Learn more about these and other resources for public retirees from the Ohio Department of Administrative Services.
Need an Account? Forgot Username or Password? Ohio Public Employees Retirement System. 277 E. Town Street, Columbus, OH 43215 | 1-800-222-PERS (7377)
University Retiree Qualifications. As you prepare to retire, determine if you will be an Ohio State retiree and eligible to receive university retiree benefits. Faculty and Staff retiring from STRS OPERS, or ARP must: Have 10+ years of continuous Ohio State service in at least a 50% FTE regular appointment at and directly proceeding retirement ...
The Ohio State University supports the efforts of faculty and staff to plan a fulfilling, financially secure retirement. As part of its total rewards package, the university offers an array of retirement options to help you meet your financial goals.
