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Laws

SERS is governed by Chapter 3309 of the Ohio Revised Code and Ohio Administrative Rules.

SERS Statutes - ORC Chapter 3309

SERS Rules - OAC Chapter 3309

SERS and its members can be significantly affected by legislation enacted by the Ohio General Assembly and Congress. The impact of legislation and federal regulatory activities on SERS and other public retirement systems has increased in recent years. SERS closely monitors legislative activities and, when appropriate, provides testimony or otherwise educates Ohio legislators, congressional representatives, and regulatory agencies on the impact of these proposals.

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132nd General Assembly

HB49 OPERATING BUDGET Ryan Smith (H93-R-Gallipolis) Creates FY 2018-2019 main operating budget.

Current Status: SERS COLA provisions effective 09/29/2017

 


115th Congress

S. 915

SPONSOR: Sen. Sherrod Brown (D-OH)

LAST ACTIONS: 04/24/2017 - Referred to the Committee on Finance

CAPTION: Amends title II of the Social Security Act to repeal the Government Pension Offset and Windfall Elimination Provisions.

COMMENT: The Social Security Fairness Act of 2017. Repeals the GPO and WEP. S.915 has nine co-sponsors.


H.R. 1205

SPONSOR: Rep. Rodney Davis (R-IL)

LAST ACTIONS: 03/06/2017 - Referred to the Subcommittee on Social Security

CAPTION: To amend title II of the Social Security Act to repeal the Government Pension Offset and windfall elimination provisions. Companion bill to S. 915.

COMMENT: H.R. 1205 has one hundred and forty-eight co-sponsors including six Ohioans: Beatty, Fudge, Joyce, Kaptur, Ryan and Turner.

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If you would like to contact your Ohio State Representative and Senator on these bills, links to contact information and district maps are below:

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If you would like to encourage Ohio's congressional delegation to support any of these bills, click here, or links to contact information and a district map are below:

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Contact Congress Regarding Important Issues Affecting SERS Retirees

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.

 

COLA Changes: What You Need to Know

Click here to read about the proposed changes to the Cost-of-Living Adjustment.

Click here for a chart that compares SERS' COLA changes to the COLAs of other Ohio public retirement systems. This document also contains a breakdown of percentage changes in the Consumer Price Index over the past 15 years.

Click here for a detailed statement from SERS' actuary, and click here for the actuary's explanation of why the COLA changes are necessary. 

Monthly Administrative Expense Reports

The Monthly Administrative Expense Reports contain information about SERS' day-to-day operating expenses and is provided in both summary and detail formats.

Click here to view these administrative expense reports.

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