You may have read in the news that the U.S. could begin seeing slowdowns in mail delivery as early as today as the U.S. Postal Service implements its new service standards. While SERS mails paper checks one to two business days…
At its September meeting, the Board unanimously voted to approve a 2.5% cost-of-living adjustment (COLA) increase for eligible retirees and beneficiaries in 2022. By statute, SERS’ COLA is based on the year-to-year change in the Consumer Price Index (June 2020 to…
Medicare is a federal health insurance program that does not cover 100% of health care costs, which is why many enrollees choose to purchase a Medicare Advantage or Medicare Supplemental plan to help lower out-of-pocket costs. To be eligible for an…
On June 29, four of Ohio’s retirement systems, including SERS, submitted a letter to the House Ways and Means Subcommittee on Social Security urging Chair John Larson and Ranking Member Tom Reed to find an equitable solution to the Windfall Elimination…
The School Employees Retirement System of Ohio (SERS) is committed to serving the needs of our members, retirees, and employers while working to protect the safety and health of everyone including the community at large. We are following all state and…
All 1099-R forms have been mailed. Along with the form, you will receive a handout explaining how federal and Ohio income tax laws apply to your SERS pension payments. The form is also available through Account Login. If you haven’t already registered…
COVID-19 vaccines will be given to U.S. residents at no cost. However, vaccination providers can charge an administration fee for giving someone the shot. If you are enrolled in a SERS health care plan, the vaccine and administration fees are covered….
Medicare has announced the standard monthly premium for Medicare Part B enrollees will be $148.50 in 2021, an increase of $3.90 from $144.60 in 2020.
At its September meeting, the Board unanimously voted to approve a 0.5% cost-of-living adjustment (COLA) increase for eligible retirees and beneficiaries in 2021. Previously, COLAs were suspended from 2018 through 2020. As a result of HB 49, passed in 2017, the…
Have you received your Economic Impact Payment yet? If not, you may be considered a “non-filer.” You are a non-filer if: Your income is less than $12,200 You’re married filing jointly and together your income is less than $24,400 You have…
