We are proud to serve all the public school bus drivers in Ohio. As we have witnessed time and time again, these dedicated women and men often go beyond their duties of transporting students to and from school. To all our…
Today we’re celebrating the heroes who don’t need capes: the school lunch staff of Ohio’s public schools! These hardworking, everyday heroes make sure their students are ready to take on the school day by providing healthy and nutritious meals. Give a…
It’s important to do an occasional financial check-in to get a clear idea of where your finances are, where you want them to be, and what changes you can make to get them there. Enter: America Saves Week. America Saves…
The holiday season is in full swing, and scammers are seizing the opportunity to target unsuspecting consumers. While you are finishing up your shopping and spending time with loved ones, watch out for the following scams to avoid entering the new…
After more than two years of analysis and discussion, at the October 2023 meeting, the SERS Board approved the ‘factor’ that will be used under the Contribution Based Benefit Cap (CBBC) analysis for retirements with an effective date on or after…
On July 4, 2023, Governor Mike DeWine signed HB33 (the FY2024-FY2025 state budget bill) into law. Contained in that bill are the contents of HB 146, which establishes a SERS contribution based benefit cap (CBBC). HB 146 had passed the House…
With the backing of SERS’ Board of Trustees, H.B. 146, introduced by Rep. Adam Bird (R-New Richmond) and co-sponsored by Rep. Mary Lightbody (D-Westerville), would implement a Contribution Based Benefit Cap (CBBC) for SERS. It was unanimously passed out of the…
Earlier this week, SERS, alongside the Ohio Public Employees Retirement System and the State Teachers Retirement System of Ohio, voiced its support of House Concurrent Resolution (HCR) 6. HCR 6, introduced by Representatives Angela King (R-Celina) and Phil Plummer (R-Dayton), urges…
While the news of the Silicon Valley Bank (SVB) and Signature Bank failures is newsworthy, please know that SERS’ exposure to those banks through investments was small. In total, SERS has experienced a decline in assets of $1,566,393; -$929,410 in SVB…
Many equate financial confidence with financial stability, but while financial stability generally means you are debt free and have money saved to cover emergencies and future expenses, financial confidence goes beyond that. It means you are committed to becoming financially stable and taking…
