The U.S. House recently passed H.R. 82, the Social Security Fairness Act of 2023, a complete repeal of the Windfall Elimination Provision (WEP)/Government Pension Offset (GPO) Social Security penalties. Now, the Senate has until the end of the year to pass…
The November Board meeting will take place on Thursday, November 21. While the public is welcome to attend Board meetings in person, SERS continues to broadcast its Board meetings via Zoom each month. The login information for Board meetings is posted…
One sure sign of fall each year is when Medicare enrollees receive plan offerings in the mail. You also may see TV ads promising a Medicare plan review or benefits you could be missing. These requests have one goal: to persuade…
Thank you to all the hard-working and dedicated custodial employees serving Ohio’s public schools! We appreciate all you do to keep the schools clean and safe for your students.
At its September meeting, the Board unanimously voted to approve a 2.5% cost-of-living adjustment (COLA) increase for eligible benefit recipients in 2025. By statute, SERS’ COLA is based on the year-to-year change in the Consumer Price Index (June 2023 to June…
Due to the resignation of a Board member, SERS will hold a special election to fill a vacant employee-member seat. All SERS members, other than disability recipients, are eligible to apply for this open seat. Those interested in being chosen by…
SERS members will soon receive an annual statement in the mail reflecting their total employee contributions and service credit as of June 30, 2024. The statement sent to members with over 10 years of service will include pension estimates. These figures…
Two employee-member seats and one retiree-member seat are up for election with the terms beginning July 1, 2025, and ending June 30, 2029. Any member of SERS, other than a disability benefit recipient, is eligible to run for an employee-member seat,…
Bank Account Maintenance Recently, SERS implemented an electronic refund option. If a district would like its refund to be issued electronically, SERS will deposit the refund into the account specified. If your Employer Statement reflects “Amount Due to District,” the…
SERS continues to increase security protections and upgrade functionality to protect member data. At its July meeting, the Retirement Board approved a rule stating that an employer must notify SERS if they experience a cybersecurity incident impacting them and prompting the…
