defined contribution – PERSpective

PERSpective

Insight on pensions from the Ohio Public Employees Retirement System

Defined contribution

DC, hybrid plans changing for future members

October 10, 2019 Michael Pramik 23 Comments Combined Plan, defined contribution, Member-Directed Plan, Ohio PERS, OPERS

As of 2022, OPERS will offer two retirement options for new participants

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Defined contribution

DC statements include annuity projections

February 14, 2017February 15, 2017 OPERS Wordpress 2 Comments defined contribution, OPERS

Combined, Member-Directed plan participants can view projected benefit

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Benefits DB Plans Ohio PERS OPERS Pensions

Cost of switching to DC plans can be high

May 26, 2015 Michael Pramik 7 Comments Defined benefit pension plan, defined contribution, Ohio PERS, OPERS

Switching from a defined benefit plan to a defined contribution plan can be a costly proposition for a retirement system,

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