Benefits
Life insurance available to members
Colonial Life to offer policies, with enrollment starting in June
Options for retirement
OPERS offers choices when it comes to receiving pension benefits
Investments
OPERS Board approves new asset allocation
Investment mix to include stocks, bonds, risk parity, alternatives
Union’s email to members is misleading
OPERS clarifies current situation related to activity at Chicago hotel
Health Care
Open enrollment draws near
Packets will arrive in mid-October detailing 2020 health care coverage
New educational sessions on tap
Regional sessions will address pension, health care issues
Pensions
DC, hybrid plans changing for future members
As of 2022, OPERS will offer two retirement options for new participants
COLA changes in the works
Temporary adjustment will provide reduction in pension liability