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Established in 1937, SERS is a statewide public pension fund that provides pension benefits and access to post-retirement health care for non-teaching public school employees.

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135th largest pension fund in the country, undefined
 including both public and private funds

61st largest public pension fund in the country

$13.6 billion in assets as of June 30, 2017

70.01% funded for pensions over a 27-year period, as of FY2017

237,138 active and retired members in FY2017:

  • 157,981 active, contributing members
  • 79,157 benefit recipients

Paid out $1.3 billion in benefits in FY2017:

  • $1.2 billion in pension, Med B, disability, and death benefits
  • $167 million in health care

Average new retiree in FY2017:

  • 63.4 years old
  • 19.8 years of service
  • $30,256 FAS
  • $1,078 monthly pension
In FY2017, 68% of active members and 73% of retired members and beneficiaries were women
91% of benefit recipients live in Ohio, as of FY2017
SERS members are the lowest paid of all five retirement systems. In 2017, based on all 157,981 active members, SERS’ average member was:
  • 46.7 years old
  • Had 7.5 years of service credit
  • Had an average salary of $20,906
In 2017, based on all 79,157 retirees, beneficiaries, disability recipients, and survivors, the average SERS benefit recipient was:
  • 74.0 years old
  • Receiving $14,680/year or $1,223/month, which was near the federal poverty level of $12,060/year or $1,005/month for a household of one

COLA changes that go into effect January 1, 2018 include:

  • COLA suspension for current retirees and benefit recipients in 2018, 2019, and 2020
  • Current 3% fixed COLA will be replaced with a COLA based on the CPI-W with a cap of 2.5% and floor of 0%

SERS provides retirement security for Ohio's non-teaching school employees, including administrative assistants, bus drivers, food service workers, librarians, maintenance personnel, teacher aides, and treasurers. For their service, they receive reliable pensions that are spent locally on groceries, health care, and other goods and services.

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Of the 79,157 individuals receiving pension benefits from SERS, 91% live in Ohio. In FY2017 alone, pension benefit payments exceeding $1 billion were distributed among Ohio’s 88 counties, positively impacting the state’s economy.

To see how much SERS returned to each county in the form of pension benefits, click the thumbnail below.


SERS’ demographics are quite different from Ohio’s other public pension systems. To see a comparison, click here.

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