OP&F News

Pensions, benefits remain secure despite pandemic

Dear OP&F members,

I hope this message finds you and your family safe and healthy.

I want to assure you that your pensions are safe and secure. Our widely diversified investment portfolio is structured to withstand many types of market conditions, including the financial turmoil caused by the pandemic. We expect that once this crisis has passed, the investment markets will recover in due time. Fortunately, last year was very favorable for our investments, which softens the effect of the negative returns so far in 2020.

Please be assured that we are able to pay all benefits on time and will continue to do so. There has been no disruption to our essential services and we are slowly returning to a more normal environment at our headquarters. Our dedicated staff and Board continue to process retirements, disability benefits, DROP entries and withdrawals, employer payroll reports and more during this emergency period.

Our phone lines remain open from 9 a.m. to 3 p.m., Monday through Friday. While we are not accepting in-person appointments at this time, we are scheduling pre-retirement meetings and these are taking place by phone. Though we will not be conducting large gatherings such as our pre-retirement seminars or health care meetings for the rest of 2020, OP&F will be adding opportunities for webinars and other virtual seminars for members that will be just as informative and helpful as they have been in the past. Look for further announcements regarding upcoming webinars for both major topics.

The last two months have been unprecedented in our lifetimes. While the pandemic has profoundly affected our lives, I am proud of our staff for responding to the challenge. Also, I continue to be in awe of our public safety forces who continue to be on the front lines protecting our lives and property.

With warm regards,

John Gallagher, Executive Director

Posted 5/08/2020

Other News

No changes in health care process after sale of Aon Retiree Health Solutions
- Posted June 04, 2021
New videos help members connect to virtual appointments
- Posted June 03, 2021
OP&F Investment notes, May 2021
- Posted May 27, 2021
Public can attend May 26 OP&F Board meeting
- Posted May 20, 2021
Member’s Report Spring Newsletter now available
- Posted April 29, 2021
OP&F investment notes, April 2021
- Posted April 29, 2021
OP&F investment notes, March 2021
- Posted April 01, 2021
OP&F investment notes, February 2021
- Posted February 25, 2021
Beware of scam phone calls
- Posted February 15, 2021
OP&F investment notes, January 2021
- Posted January 28, 2021
Member’s Report Winter Newsletter now available
- Posted January 14, 2021
OP&F Trustee Moore recognized
- Posted January 06, 2021
2021 Direct deposit dates for benefit payments
- Posted December 23, 2020
Czack, Drum and Deal win terms on OP&F Board
- Posted December 21, 2020
Trustee election results announced by Dec. 21
- Posted December 04, 2020
Aon presenting special HRA webinars
- Posted December 04, 2020
OP&F investment notes, December 2020
- Posted December 03, 2020
Thank you, first responders
- Posted November 25, 2020
Trustee election ballots due back by Dec. 1
- Posted November 13, 2020
Proof of health care insurance letter
- Posted November 09, 2020
Be careful with your personal information
- Posted November 05, 2020
Pension funding status improves
- Posted October 28, 2020
Trustee election ballots go out Oct. 26
- Posted October 26, 2020
OP&F investment notes, October 2020
- Posted October 22, 2020
A reminder about DROP distribution deadlines for 2020
- Posted October 13, 2020
Pre-Retirement Webinar recording now available online
- Posted October 12, 2020
Study of health care fund shows improvement
- Posted October 08, 2020
Pre-Retirement webinars scheduled this week
- Posted October 05, 2020
OP&F Investment Notes, September 2020
- Posted October 02, 2020
OP&F again offering stipend increase for low-income households
- Posted October 01, 2020
Member's Report Fall Newsletter now available
- Posted September 30, 2020
Health care webinars Sept. 15-24
- Posted September 04, 2020
OP&F Investment Notes, August 2020
- Posted August 28, 2020
Rescheduled trustee election schedule approved
- Posted August 27, 2020
OP&F retirees taking advantage of extended reimbursement deadlines
- Posted August 03, 2020
Pre-Retirement meetings to be webinars this year
- Posted August 03, 2020
Member’s Report Summer Newsletter now available
- Posted July 29, 2020
2019 financial reports now available
- Posted July 14, 2020
OP&F Investment Notes, June 2020
- Posted June 18, 2020
Deadline to submit 2019 health care claims now Sept. 30
- Posted June 16, 2020