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…
On April 14, 2023, it will be required to provide a personal email address while enrolling a new member (upload and manual entry). If the personal email address is not provided, the enrollment file or manual enrollment entry will be in…
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…
During this time of year, the to-do list items seem to keep multiplying. While there are few things to keep in mind as far as your SERS payments and benefits are concerned, we are here to help you keep it all…
The U.S. Consumer Financial Protection Bureau (CFPB) is warning of a new scam which targets older adults. In this latest scam, victims are told that they have won a class-action lawsuit in a foreign country but must pay taxes or money…
Medicare has announced the standard monthly premium for Medicare Part B enrollees will be $164.90 in 2023, a decrease of $5.20 from $170.10 in 2022. According to the Centers for Medicare and Medicaid Services, the decrease is due to lower-than-projected spending…
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 2023. By statute, SERS’ COLA is based on the year-to-year change in the Consumer Price Index (June 2021 to…
A lot has changed since 1937. For instance, the price of gas, which was 10 cents per gallon, and the cost of a movie ticket, which was 25 cents. But one thing that has remained constant is SERS’ commitment to its…
The American Investment Council (AIC), a private equity advocacy and research organization, released its annual Public Pension Study this week, naming School Employees Retirement System of Ohio number seven on their list of top pension funds with the highest private equity…
