|Members Retirees Employers|
(7/1/14) - SERS and State Teachers Retirement System of Ohio (STRS) recently issued guidance to employers on membership determination for positions of mutual interest between the two systems.
Such determinations became effective July 1, 2014. If you were holding a position of mutual interest and were not contributing to the correct retirement system, your membership was changed by your employer.[Read More...]
As a result, your employer has notified you that you are now a member of SERS. As a member of both SERS and STRS, you may retire independently from each of the systems if you are eligible, or you may combine your service credit and accounts to receive one benefit. The system with the greatest service credit will be the system that will calculate and pay your benefit. While your salaries in one year will be added together, if you have service credit in each system for the same year, you cannot be credited with more than one year of service credit for each 12 months in a year. You also may combine service credit and accounts for a disability benefit.
You will receive an information packet from us in the next few months. In the meantime, click here for a link to the Member Handbook. Please contact us toll-free at 800-878-5853 or send a secure message if you have further questions about your SERS membership.
For more information about membership determination between the systems, click here to view the systems’ joint message to employers.
(6/19/14)- For the 29th consecutive year, SERS has received the Certificate of Achievement for Financial Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA).[Read More...]
(5/6/14) - Farouki Majeed, Chief Investment Officer for SERS, received the inaugural Investor Intelligence Award in the category of Risk Culture.[Read More...]
(4/16/14) - You may have heard recent news reports about an internet security flaw called the Heartbleed bug, which could allow hackers to steal passwords to online accounts. SERS’ member and retiree accounts are not vulnerable to this bug; however, it is always a good practice to change your password every 60-90 days.[Read More...]
As a reminder, the best passwords are at least eight characters in length and use a combination of numbers, uppercase and lowercase letters, and special characters (e.g. !, &, @, and $). The longer and more complex the password, the longer it will take a hacker to figure it out.[Hide]
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