About OP&F
Frequently Asked Questions
When reviewing my Form 1099-R instructions, what does “no special reporting requirements” mean?
It is the eligible public safety officer’s responsibility to take the gross income exclusion (up to $3,000 annually) on IRS Form 1040 for his or her eligible portion. The IRS determined that a plan sponsor, like OP&F, is not required to report these amounts on the pension Form 1099-R.
Last update: 10/10/2007- Am I eligible for the gross income exclusion for health care premiums if my OP&F benefits are nontaxable due to the private letter ruling?
- Are OP&F-sponsored health care premiums taxed or taxed deferred?
- Are premiums for long-term health care insurance included under the gross income exclusion for health insurance?
- As a qualified public safety officer, am I eligible for additional $3,000 exclusions for health care premiums, under the Pension Protection Act of 2006, for my spouse and dependents?
- Can a member receiving disability benefits be eligible for the gross income exclusion for health care premiums?
- Can I access my OP&F account online?
- Can I transfer my part-time service credit and contributions from another Ohio retirement system to OP&F?
- Can I withdraw, borrow or cash-out my contributions on deposit with OP&F?
- Do I qualify for the gross income exclusion for health care insurance if I am on my spouse’s health care plan?
- Does the gross income exclusion for health care premiums apply to other Ohio retirement systems?
- Does the gross income exclusion for health care premiums include or exclude co-pays and deductibles?
- Does the gross income exclusion for health insurance premiums apply for deductions made in the year the eligible public safety officer dies?
- Does the gross income exclusion for health insurance premiums apply to survivors?
- Gross Income Exclusion for Health Insurance Premiums Up to $3,000 annually Pension Protection Act of 2006
- How can I apply for the gross income exclusion for health care premiums?
- How can I determine if my disability benefits will be affected if I accept a job?
- How can I get a copy of my account summary?
- How can I purchase my military service credit or have it granted?
- How can I request an estimate of my service credit?
- How can I tell if I have the technical capabilities to report payroll online?
- How do I access my DROP information online?
- How do I change my address on file with OP&F?
- How do I change my federal tax withholdings?
- How do I change my state tax withholdings?
- How do I designate or change my beneficiary?
- How do I enroll in DROP?
- How do I get an estimate of my pension from OP&F?
- How do I get my benefit check electronically Direct Deposited into my bank account?
- How do I have my benefit check electronically Direct Deposited into my new account if I change bank accounts or banks?
- How do I request documentation verifying my monthly retirement income, or an award letter?
- How do I transfer my OP&F service credit and contributions to another Ohio retirement system?
- How do I transfer my service credit and contributions from another Ohio retirement system to OP&F?
- How is my “average annual salary” defined in the formula used to calculate service retirement benefits?
- How long does it take for my DROP contributions to be posted online?
- How will the gross income exclusion for health insurance premiums benefit me?
- Is the gross income exclusion for health insurance premiums for just medical coverage, or for medical and prescription drug coverage?
- When can I, as a public safety officer, start filing for the gross income exclusion for health insurance premiums?
- When is interest posted to my DROP accrual?
- When reviewing my Form 1099-R instructions, what does “no special reporting requirements” mean?
- Who is eligible, as defined by the Pension Protection Act of 2006, for the gross income exclusion of health insurance premiums?
- Will OP&F provide me with the total amount deducted for health care premiums to be used for the gross income exclusion for health care premiums?