At its September meeting, the Board unanimously voted to approve a 0.5% cost-of-living adjustment (COLA) increase for eligible retirees and beneficiaries in 2021. Previously, COLAs were suspended from 2018 through 2020. As a result of HB 49, passed in 2017, the…
If you follow Ohio politics closely, you’ve probably seen Ohio senators Sherrod Brown and Rob Portman talking about the need to financially stabilize private multiemployer pension funds. Both Ohio senators serve on the Join Select Committee on Solvency of Multiemployer Pension…
Have you received your Economic Impact Payment yet? If not, you may be considered a “non-filer.” You are a non-filer if: Your income is less than $12,200 You’re married filing jointly and together your income is less than $24,400 You have…
Benefit recipients who are enrolled in the Delta Dental Plan through SERS will receive a premium reduction during the months of September, October, November, and December this year. This temporary premium reduction is due to reduced dental visits during the COVID-19…
Three Full-Term Board Seats Up for Election Two employee-member seats and one retiree-member seat are up for election with the terms beginning July 1, 2021, and ending June 30, 2025. Any member of SERS, other than a disability benefit recipient, is…
Update 5/20/20: If you do not have internet access, you can now contact the IRS by phone at 1-800-919-9835 to check on the status of your stimulus payment. SERS members do not pay into Social Security, so some may be wondering…
SERS invites all members who are withing a year of retirement to join us for a webinar that will address the important information that must be considered when making retirement decisions. During the webinar, participants will have the opportunity to submit…
In accordance with Governor DeWine’s stay-at-home directive, the April Board meeting and sustainability session are cancelled. The May sustainability session is scheduled for May 20, and the regular Board meeting is scheduled for May 21. Dates and times may be adjusted…
It seems that whenever there is a crisis, scammers are quick to follow. Unfortunately, today’s coronavirus pandemic is no different. The Ohio Department of Health, Attorney General Dave Yost, and Ohio Department of Commerce Director Sherry Maxfield want you to be…
The good news for SERS benefit recipients is that stock market declines do not affect benefit amounts. All benefit payments are being processed as usual and will be delivered on time. Under current Ohio law, SERS must provide a lifetime pension…
