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The program is administered by the Police & Fire Retirement Fund (OP&F). This fund was created in 1965 in an effort to consolidate 454 local public safety pension funds across Ohio. Currently OP&F serves approximately 27,000 active members and more than 30,000 retirees and their beneficiaries. [24]
Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
The Ohio Police & Fire Pension Fund tried − and failed − to convince lawmakers to boost the employer contribution rate last year. In 2012, legislators approved a pension reform package that ...
Ohio Police and Fire Memorial Park is a memorial and park commemorating Ohio 's police officers and firefighters, in Downtown Columbus, Ohio, United States. The park is north of Town St. just east of Third St. It features a sculpture by Ronald Dewey, engraved bricks, pavers, and benches.
The State Teachers Retirement System of Ohio is the state's second largest public pension fund and oversees about $90 billion invested on behalf of 500,000 teachers and retirees.
May 16, 2024 at 7:00 PM. Some members of the State Teachers Retirement System of Ohio really want to know which pension fund employees wrote an anonymous 14-page memo and then dropped it off to ...
The State Teachers Retirement System of Ohio is facing "a hostile takeover of a public pension by private interests," according to a 14-page anonymous memo that surfaced Wednesday. Gov. Mike ...
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