OP&F was created in 1965 by the Ohio General Assembly to provide pension and disability benefits to the state’s full-time police officers and firefighters. OP&F also provides survivor benefits and offers an optional health care plan for retirees and their eligible dependents.

Operations began in 1967, when assets of $75 million and liabilities of $490 million were transferred from 454 local public safety pension funds across Ohio. As of spring 2018, OP&F’s investment portfolio was valued at $15.7 billion.

As one of five public retirement systems in Ohio, OP&F has established a financially sound pension fund that operates on an actuarial reserve basis. The system’s disability benefit program and the investment portfolio management have routinely been recognized for excellence.

For over fifty years, OP&F has played a central role in assuring a secure retirement for those men and women who have served Ohio ably and bravely. Today, OP&F serves approximately 27,000 active members and more than 30,000 retirees and their beneficiaries.

Funding Snapshot

A history of OP&F