Tag Archives: OPERS

OPERS releases December health care video

The Ohio Public Employees Retirement System has released the latest monthly health care chat with OPERS Health Care Director Marianne Steger. In the December video, Steger addresses questions that members have sent to us via the PERSpective blog. She covers topics … Continue reading

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Public pension funds’ confidence levels on rise

Public pension funds are more confident in their ability to address retirement issues over the next two years, in part because they continue to pare back benefits, an industry study has shown. The National Conference on Public Employee Retirement Systems … Continue reading

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OPERS introduces website section for Connector

The Ohio Public Employees Retirement System has introduced a Medicare Connector Readiness page on its website for those seeking information about the upcoming changes to retiree health care. OPERS will introduce a Connector in 2016 for our retirees enrolled in … Continue reading

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OPERS releases November health care video

The Ohio Public Employees Retirement System has released the latest monthly health care chat with OPERS Health Care Director Marianne Steger. In the November video, Steger addresses questions that members have sent to us via the PERSpective blog. She covers topics … Continue reading

Posted in Health Care | Tagged , , , | 8 Comments

Deadline approaching for health care coverage

The Ohio Public Employees Retirement System will begin fully implementing its new health care plan in 2015. The new rules are based on changes made in 2012 and amended the following year. They will require members to have at least … Continue reading

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Report: Public pensions a bargain for taxpayers

The investment consulting firm Callan Associates has published an enlightening set of discussion topics that present well-researched facts about the value of defined benefit pension plans. DB plans have come under increased scrutiny in recent years as funding issues have … Continue reading

Posted in Benefits, DB plans, Economy, Government Relations, Investments, Pensions, Research, Spiking, Stock market | Tagged , , , , | 1 Comment

Rules could change on joint retirement

The Ohio Public Employees Retirement System and other state public pension systems have agreed to pursue a series of modifications to Ohio law that will resolve inequities in the process of joint retirement. One of the unique benefits of working … Continue reading

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Three new trustees to serve on OPERS Board

The 2014 OPERS Board of Trustees election is complete, and there will be three new trustees on the Board beginning in 2015. Charles Latsa, Christopher Mabe and Steve Toth will join the board after winning their respective elections. They will … Continue reading

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OPERS announces CIO resignation

The Ohio Public Employees Retirement System has announced that John C. Lane, OPERS chief investment officer since 2010, has resigned to accept a position with The Ohio State University. Lane has taken a similar position with OSU, where he will manage the … Continue reading

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OPERS opposes additional GASB proposals

Proposed rule changes by the Governmental Accounting Standards Board regarding health care expenses could have a serious financial impact on public employers in Ohio. Two exposure drafts would revise current GASB statements on the financial reporting of other post-employment benefits, … Continue reading

Posted in Pensions | Tagged , , , | 8 Comments