Tag: Ohio Public Employees Retirement System (OPERS)

$100 billion pension debates new approaches after reducing assumed rate of return twice in recent periods.

Fund is cutting the rates for public employee and healthcare plans due to lower market expectations.

Deputy CIO replaces Rick Shafer who is retiring.

Two funds will be created to help reduce the state’s $25 billion in unfunded liabilities.

New plan must still be approved by the General Assembly.

System floats idea of basing COLA on CPI, capped at 3%.