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The Ohio Police & Fire Pension Fund (OP&F) has proposed increases to pension contributions and announced changes to its retiree health care plan as a way to meet its fiduciary responsibilities to members and Ohio�s statutory funding requirements.
OP&F outlined its recommendation on April 12 in a presentation to the Ohio Retirement Study Council (ORSC), a legislative advisory board focused on pension matters.
The changes proposed during the ORSC meeting fall in three areas: member contributions, employer contributions, and the health care plan OP&F sponsors for retirees.