This month’s regular Board meeting will take place on Thursday, September 21. While the public is welcome to attend the meeting in person, SERS continues to broadcast its Board meetings via Zoom each month. The login information for Board meetings is…
Employee and Retiree Member Board Seats Up for Election One employee-member seat and one retiree-member seat are up for election with the terms beginning July 1, 2024, and ending June 30, 2028. Any member of SERS, other than a disability benefit…
On July 4, 2023, Governor Mike DeWine signed HB33 (the FY2024-FY2025 state budget bill) into law. Contained in that bill are the contents of HB 146, which establishes a SERS contribution based benefit cap (CBBC). HB 146 had passed the House…
With the backing of SERS’ Board of Trustees, H.B. 146, introduced by Rep. Adam Bird (R-New Richmond) and co-sponsored by Rep. Mary Lightbody (D-Westerville), would implement a Contribution Based Benefit Cap (CBBC) for SERS. It was unanimously passed out of the…
Earlier this week, SERS, alongside the Ohio Public Employees Retirement System and the State Teachers Retirement System of Ohio, voiced its support of House Concurrent Resolution (HCR) 6. HCR 6, introduced by Representatives Angela King (R-Celina) and Phil Plummer (R-Dayton), urges…
While the news of the Silicon Valley Bank (SVB) and Signature Bank failures is newsworthy, please know that SERS’ exposure to those banks through investments was small. In total, SERS has experienced a decline in assets of $1,566,393; -$929,410 in SVB…
The Ohio Department of Insurance is advising Ohioans, particularly those enrolled in Medicare, to be on the lookout for a new scam. If you receive a call from someone claiming to represent the Social Security Administration, Medicare, and the Ohio Department…
Many equate financial confidence with financial stability, but while financial stability generally means you are debt free and have money saved to cover emergencies and future expenses, financial confidence goes beyond that. It means you are committed to becoming financially stable and taking…
The Annual Comprehensive Financial Report (ACFR) contains detailed information about SERS’ financial operations, which include major initiatives and highlights, investments, and funding for the period from July 1, 2021 to June 30, 2022. The Summary Annual Financial Report (SAFR) is an overview of the…
At its December meeting, the Board certified that Becky Roe and Aimee Russell submitted sufficient petitions to qualify as candidates for the four-year employee-member seat term that begins July 1, 2023, and ends on June 30, 2027. Both Roe and Russell…
