PENSION REFORM UPDATE
The Ohio House of Representatives is now considering Senate Bill 340, the pension reform bill that includes recommendations approved by the OP&F Board of Trustees in 2011. On July 11 the Ohio Retirement Study Council received an independent report on each of the Ohio retirement systems' recommendations. This report was presented again when the House began pension reform hearings on July 18. Rep. Schuring said his committee would hold hearings in July and August with the goal of bringing the bill to the House floor for a vote in September.
PRE-RETIREMENT SEMINARS SCHEDULED FOR OP&F MEMBERS
OP&F's annual pre-retirement seminars are scheduled and are designed to answer questions for members who are approaching retirement eligibility of considering enrolling in the Deferred Retirement Option Plan. The first seminar is scheduled for Sept. 10 in Dayton. A total of six seminars are scheduled around the state, ending with an Oct. 1 meeting in Columbus. Members are being notified by newsletter and mailed invitations. They can also register at OP&F's website.
OP&F's investment portfolio value:
Board of Trustees Committee Notes
(Motions approved by the Board are listed separately)
At its July 2012 meeting, the OP&F Board of Trustees voted on the following motions:
Next Board of Trustees Meetings: September 25-26, 2012
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