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A Brief Overview of the Public Pension Plans of Ohio

A Brief Overview of the Public Pension Plans of Ohio PDF Author: Ohio. General Assembly. Joint Legislative Committee to Study Ohio's Public Retirement Plans
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 13

Book Description

A Brief Overview of the Public Pension Plans of Ohio

A Brief Overview of the Public Pension Plans of Ohio PDF Author: Ohio. General Assembly. Joint Legislative Committee to Study Ohio's Public Retirement Plans
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 13

Book Description

A Brief Overview of Public Employee Pension Systems in Ohio

A Brief Overview of Public Employee Pension Systems in Ohio PDF Author: Ohio Retirement Study Commission
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 26

Book Description

Benefits Provided by Ohio's Public Pension Systems

Benefits Provided by Ohio's Public Pension Systems PDF Author: Ohio Retirement Study Commission
Publisher:
ISBN:
Category : Ohio
Languages : en
Pages : 51

Book Description

Public Employes Retirement System of Ohio

Public Employes Retirement System of Ohio PDF Author: Public Employees Retirement System of Ohio
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 32

Book Description

Ohio Public Pension System

Ohio Public Pension System PDF Author: Erick M. Elder
Publisher:
ISBN:
Category :
Languages : en
Pages : 30

Book Description
Ohioņs public pension system comprises five state-level plans that have actuarial funding ratios ranging between 67 and 84 percent. Pension plan funding levels are a proxy for the ability of a pension plan to fund its promised benefit payments without additional resources. Volatile and uncertain investment returns mean that even a fully funded pension plan has less than a 50 percent chance of having sufficient assets to fund all accrued future benefit payments, so the likelihood that Ohioņs pension plans can meet their obligations is even less. In this study, we determine the likelihood that Ohioņs major public pension plans will be able to make their accrued, promised future payments using only each planņs current stock of assetsőwithout future contributions, which are intended to fund benefits that accrue later. Furthermore, we calculate the amount of assets the pension plans would need to increase the likelihood of being able to fund future benefit payments and the effect this has for potential Ňoverfunding.ň Overall, we show that traditional funding ratios may be a misleading indicator of a pension planņs ability to use current assets to pay future benefits.

Acquiring Service Credit in the Public Pension Funds of Ohio

Acquiring Service Credit in the Public Pension Funds of Ohio PDF Author: Ohio Retirement Study Council
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 16

Book Description

Preliminary Report

Preliminary Report PDF Author: Ohio. General Assembly. Joint Legislative Committee to Study Ohio's Public Retirement Plans
Publisher:
ISBN:
Category : Ohio
Languages : en
Pages :

Book Description

Ohio's Public Retirement Systems

Ohio's Public Retirement Systems PDF Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 9

Book Description
Most of Ohio's state and local government employees are required to be members of one of the state's five public retirement systems: State Teachers Retirement System (STRS), School Employees Retirement System (SERS), Ohio Police and Fire Pension Fund (OP & F), State Highway Patrol Retirement System (SHPRS), or Public Employees Retirement System (PERS), the state's largest system.

Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio PDF Author: Ohio. Public Employees Retirement Board
Publisher:
ISBN:
Category : Ohio
Languages : en
Pages : 24

Book Description

Pension Facts for Ohio's Public Retirement Systems

Pension Facts for Ohio's Public Retirement Systems PDF Author:
Publisher:
ISBN:
Category : Civil service pensioners
Languages : en
Pages : 2

Book Description

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