Medicare Announces 2021 Premium
Medicare has announced the standard monthly premium for Medicare Part B enrollees will be $148.50 in 2021, an increase of $3.90 from $144.60 in 2020.
Author: Amy Clark
Ohio Deferred Compensation Conducting Webinars This Week
Financial security should be everyone’s goal in retirement. Your pension provides a good base, however it should not be your only source of income. Investing is a good place to start. While building your portfolio can be intimidating, Ohio Deferred Compensation…
Benefit Recipients with Benefit Effective Date Prior to April 1, 2018, to Receive 0.5% COLA
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…
Public Pensions are not the Same as Multiemployer Pensions
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…
Non-Filers Must Provide Information by October 15 to Receive Stimulus Payment by End of the Year
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…
Delta Dental Temporarily Reduces Premiums
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…
Upcoming Election for Full-Term Board Seats
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…
Members and Retirees Will Share in Coronavirus Rebates
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…
Are you within a year of retirement? Sign up for a webinar.
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…
April SERS Board Meeting Cancelled
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…
