Members Retirees Employers
SERS Home Page

The pay date for November is 10/31/14.

  [Read More...]

 

Monthly Benefit Payments Direct Deposit Dates
November 10/31/14
December* 12/01/14

*Direct deposit notice or check stub will be mailed to all benefit recipients.

You will receive a check stub whenever there is a change to your benefit, such as health care premium change, a tax withholding change, or a bank account change.

SERS strongly encourages all retirees to have their pension payments paid directly to a bank or credit union. Direct deposit of your funds is the only way to assure that your payment will be available on the first of every month. Direct deposit eliminates any concerns about late, lost, or stolen checks. Since pension checks cannot be forwarded, direct deposit also eliminates delays when you travel during retirement. It is your responsibility to make sure the funds are in your account before writing checks against your account.

If you do not enroll in direct deposit, there is no guarantee that you will receive your payment right on the first of every month. Delivery delays might occur that are beyond SERS’ control, such as lost or stolen checks. You must wait 10 days after the expected delivery date before SERS can begin the process of stopping payment and issuing a new check. This delay will not occur if you have direct deposit.

  [Hide]
 

(10/21/14) - “Small Steps, Big Changes” is the theme for the 2014 National Save for Retirement Week campaign (October 19-25, 2014). 

  [Read More...]

National Save for Retirement Week is a good opportunity to consider your retirement goals and evaluate your savings strategy. Most financial planners suggest that your retirement income be at least 75%-80% of your working income. Are you on track to meet your goals?

ICMA-RC’s website provides many valuable retirement-planning resources to help assess your needs, determine if you are saving enough, and suggests small steps that you can take to save more. Try the “Small Change, Big Savings” calculator to find out how much money you can save by giving up an item or activity, such as a daily trip to the vending machine, eating out once a week, or a trip to the movies every weekend.  Any small step you take toward saving for retirement now will add up over time.

If you are enrolled in Ohio Deferred Compensation (Ohio DC) and nearing retirement, consider signing up for one of their “Approaching Retirement” webinars. Whether you just want to know the basics, or would like to participate in a more in-depth discussion, let Ohio DC help prepare you for retirement.

If you are not contributing to Ohio DC, consider enrolling right away. For the cost of weekly coffee run, you can easily supplement your pension. Visit www.ohsers.org/odc to learn more.

As an added resource, we will share advice and tools throughout the week on our Facebook page. Follow our page to stay up-to-date on SERS-related news and events, and strategies to help keep your retirement saving on track.

Remember: Your SERS Pension + Your Additional Savings = A Happy Retirement. Making small changes now can help you enjoy a comfortable retirement.

  [Hide]
 

(10/17/14) - Every October since 2004, National Cyber Security Awareness Month (NCSAM) has reminded Internet users to "STOP. THINK. CONNECT."

  [Read More...]

Created by the National Cyber Security Alliance (NCSA) and the U.S. Department of Homeland Security, NCSAM encourages us to take security precautions when getting online, and consider how our actions might affect ourselves and others while enjoying the Internet.

Our Shared Responsibility is the theme for NCSAM 2014. Each of us can do our part to help keep the Internet safe and secure by:

  • Keeping a Clean Machine

Keep security software up-to-date; use security software to scan any external devices; and protect any device that connects to the Internet, such as a smartphone or tablet.

  • Protecting Your Personal Information

Make passwords unique and long. Limit the audience with whom you share information.

  • Connecting with Care

Do not click on a suspicious link. When shopping or banking online, ensure that the site is security-enabled (look for web addresses with “https://”).

  • Being Web Wise

Check trusted websites to keep up with current cybersecurity methods, and protect your work by backing it up.

  • Being a Good Online Citizen

Practice good online habits, be respectful, and report any cybercrime to the Internet Crime Complaint Center or the FTC.

Many computer security companies offer free services to check your computer for viruses and spyware. Visit http://staysafeonline.org/ncsam/free-security-check-ups/ for a list of vendors that offer free security checkups.

  [Hide]
 

(9/30/14) - The Social Security Administration (SSA) is cautioning the public against an identity theft scam that targets personal information. 

  [Read More...]

If you receive an email from Social Security telling you that you may be eligible for a new benefit, delete it. The email instructs you to click on a link and complete an application with your personal information (e.g., contact and employment information, Social Security number, and driver’s license number).

Government agencies rarely communicate by email, phone, or text and if they do, they should already have your basic information. As a reminder, never provide personal information when receiving unsolicited calls, emails, or text messages, or click on links or download attachments contained in suspicious emails.

For more information and tips on how to recognize a scam, read Social Security’s fraud advisory or visit the Better Business Bureau’s website.

  [Hide]
 

All active members of SERS will soon receive the latests News & Views newsletter, in addition to their 2014 Member Annual Statement. For the second year, the statement will reflect changes resulting from SERS' pension reform.

  [Read More...]

Members are grouped into four categories, according to the statement type they will receive. To determine your group, please refer to the front page of your News & Views or look at the lower left corner of your statement. It displays form number 25.90 and a letter (either a, b, c, or d).

Read below to determine which video you should watch:

You received Statement 25.90a. The story on the front page of your News & Views, titled "How to Read Your Annual Statement" is contained in a pink box.

 

You received Statement 25.90b. The story on the front page of your News & Views is contained in a yellow box.

 

You received Statement 25.90c. The story on the front page of your News & Views is contained in a blue box.

 

You received Statement 25.90d. The story on the front page of your News & Views is contained in a green box.

  [Hide]
 

(9/1/14) - Beginning this fall, SERS will be hosting a new informational series designed specifically for retirees.

The first one will be held on Thursday, October 23 from 1:00 p.m. - 4:00 p.m., in the O’Keefe Center of SERS' headquarters, located at 300 E. Broad St., in Columbus.

  [Read More...]

Topics will include Social Security issues, emergency preparedness, and fraud prevention. Presentations will feature experts from Social Security, the Central Ohio Area Agency on Aging, and SERS. It will end with a question-and answer session. Refreshments will be served.

If you are interested in attending, click here to register online, or call 614-222-5814. Although the series is free of charge, space is limited, so register now.

  [Hide]
 


Get the Latest SERS News Delivered to Your Email

Join the thousands of other SERS members, retirees, and employers who are already getting the monthly Board Meeting Highlights.

If you care about your SERS health care news, fund status, and financial updates, just subscribe to our email list. You will receive monthly news about SERS events, health care, and investments. 

Archived News

Click here for previous SERS Spotlight articles.

  • Change font size: 
  • A
  • A
  • A
Ohio Pension Reform News

Click here for the latest news on Pension Reform.

Oppose Social Security Offset and Windfall Penalties

We encourage SERS members and retirees to contact their members of Congress to ask them to support elimination of these provisions. Contacting your legislators is easy using SERS' Legislative Action Alert. By entering your ZIP code, you’ll have access to the contact information (e-mail address, phone number, and mailing address) of your federal legislators.

Follow SERS on Facebook

“Like” our page to stay up-to-date on the latest SERS news.

We share financial, wellness, and other helpful tips to help you plan, prepare for, and enjoy your retirement.