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Since OP&F began sponsoring a health care plan in 1974, OP&F has paid a significant percentage of retirees' health insurance premium, a cost that is constantly rising. In fact, the OP&F portion of these costs has risen so fast that it is taking needed funds away from our primary mission: pension funding.
While OP&F sponsors a health care plan to retirees and their dependents as an option, Ohio law does not require us to do so. OP&F remains committed to making effective, affordable health care options available to retirees. However, supporting the health care plan must change. Therefore, the OP&F Board has adopted a number of changes, effective Jan. 1, 2007, highlighted below.
Details concerning the OP&F�sponsored health care plan for 2007 continue to be developed and are not available at this time. Once the plan is finalized, additional information will be published in the Member's Report newsletter, the 2007 Annual Change Period Guide, and online at www.op�f.org.