01/13/2020

Ohio's Largest Pension System to Scale Back Healthcare Costs

OPERS projects it will run out of money by 2030

Ohio’s largest public pension system is considering cuts to healthcare benefits for thousands of current and future retirees as a way to shore up and extend coverage for years to come.

Trustees with the Ohio Public Employees Retirement System (OPERS) could vote as early as this week on healthcare changes that would go into effect Jan. 1, 2022.

Unless changes are made, OPERS projects that its $11.3 billion healthcare fund will run out of money by 2030.

Please select this link to read the complete article from The Dayton Daily News.