OP&F News

OP&F helps introduce Public Safety Pension Modernization Act - House Bill 512

On Dec. 2, Executive Director Mary Beth Foley represented the OP&F Board at a press conference with Representative Cindy Abrams (a former police officer) and Representative Brian Baldridge (a former firefighter). The representatives have introduced House Bill 512 that will modernize our pension fund in several ways, but most impactful would be an increase in the employer contribution for police officers. This would help provide stability for the fund for years to come.

We intend to make the case that our members have taken benefit cuts, health care cuts, and seen the employee contribution increase in the last eight years, while the employer contribution hasn’t changed since 1986. The 26.5 percent employer contribution we seek is the same employer rate currently approved by the legislature for the Ohio Highway Patrol Retirement System.

We are going to need your help with this effort. Please reach out to your state representative and senator. Ask them to support this legislation, H.B. 512. We understand that more early retirements and difficult recruitment has an impact on payroll growth and, therefore the pension fund, adding additional challenges that this legislation addresses.

We were proud to be joined by OAPFF and FOP leaders voicing support for this legislation.

This won’t be a short process. This general assembly meets through 2022 and action could be taken anytime during the next year. We will keep you informed about the legislation and may ask you to share your story with legislators as we go. Please stay tuned!

Posted 12/02/2021

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