Your pay date for December is December 1, 2023. You receive a payment stub from SERS twice a year. You also will receive a statement if there are any changes to your monthly payment amount. 2023 Monthly Benefit Payment and…
After more than two years of analysis and discussion, at the October 2023 meeting, the SERS Board approved the ‘factor’ that will be used under the Contribution Based Benefit Cap (CBBC) analysis for retirements with an effective date on or after…
Medicare has announced the standard monthly premium for Medicare Part B enrollees will be $174.70 in 2024, an increase of $9.80 from $164.90 in 2023. According to the Centers for Medicare and Medicaid Services, the increase is mainly due to projected…
Employer Outreach Offers Training Visits Employer Services is always looking for better ways to serve our Employers. If your district is interested in having Employer Outreach deliver a presentation on topics of your choice or to have a one-on-one training session…
At its September meeting, the Board unanimously voted to approve a 2.5% cost-of-living adjustment (COLA) increase for eligible benefit recipients in 2024. By statute, SERS’ COLA is based on the year-to-year change in the Consumer Price Index (June 2022 to…
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…
eSERS recently got a refreshed look and added a few new functions. Find out more details about the new features in the eSERS Hotline, available to access from our Forms and Publications page. If you weren’t able to join our recent…
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…
