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Ohio’s largest pension system looks to scale back health care costs

Laura Bischoff, Columbus Bureau  |  January 13, 2020

By Laura Bischoff, includes “…Unless changes are made, OPERS projects that its $11.3 billion health care fund will run out of money by 2030. The pension system is funded by employee and employer contributions and investment returns. OPERS used to earmark a chunk of employer contributions for retiree health care but stopped doing so in 2018. Instead, all the contributions are plowed into pension benefits, which take priority over health care coverage.”

Read the full article on: Dayton Daily News (Ohio)

 
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