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SERS News and Updates

Member Enrollment Requirement Update

February 14, 2023

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…

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2022 Annual Comprehensive Financial Report Now Available

January 4, 2023

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…

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Ballots for Employee-Member Seat Due by March 6

January 3, 2023

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…

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End-of-the-Year Information for Retirees and Benefit Recipients

December 22, 2022

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…

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New Scam Targets Older Individuals

October 26, 2022

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…

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Medicare Announces 2023 Premium Decrease

September 28, 2022

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…

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Board Approves Maximum COLA for 2023

September 20, 2022

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…

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SERS: Grateful for 85 Years

September 1, 2022

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…

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SERS Named Seventh Highest Private Equity Earner

August 1, 2022

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…

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One Employee-Member Full-Term Board Seat Up for Election

August 1, 2022

One employee-member seat is up for election with the term beginning July 1, 2023, and ending June 30, 2027. Any member of SERS, other than a disability benefit recipient, is eligible to run for an employee-member seat. To be considered for…

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    • The Value of SERS Benefits: Disability Benefits

      While disability coverage is a benefit no one hopes they will ever need to use, it can provide peace of mind if the road to retirement takes an unexpected turn. SERS’ eligibility requirements for disability are similar to Social Security. At...
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    • The Value of SERS Benefits: Disability Benefits

      While disability coverage is a benefit no one hopes they will ever need to use, it can provide peace of mind if the road to retirement takes an unexpected turn. SERS’ eligibility requirements for disability are similar to Social Security. At...
      Continue Reading
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    • Salary Estimates Now Open on eSERS

      Attention: Salary Estimates are Now Open on eSERS and Due by May 20, 2026 Foundation-participating districts: now is the time to enter your salary estimates for the 2027 fiscal year. Enter the new amount in the Salary Estimate application on eSERS...
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    • The Value of SERS Benefits: Disability Benefits

      While disability coverage is a benefit no one hopes they will ever need to use, it can provide peace of mind if the road to retirement takes an unexpected turn. SERS’ eligibility requirements for disability are similar to Social Security. At...
      Continue Reading
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