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1 cze 2024 · DC Plan. As a DC Plan member, you are eligible for retirement benefits the first day of the month following the latter of: Month in which you become age 50; Last day of actual employment in an STRS Ohio-covered position; or. Month in which you apply.
- Retirement Eligibility Change Announced
March 30, 2022. The State Teachers Retirement Board...
- Member
State Teachers Retirement System of Ohio is one of the...
- Retirement Eligibility Change Announced
6 dni temu · State Teachers Retirement System of Ohio is one of the largest public pension funds in the United States, serving active, inactive and retired Ohio public educators.
The State Teachers Retirement Board has extended the current retirement eligibility rule requiring 34 years of service for an unreduced retirement benefit for five years through July 2028. The requirement was scheduled to increase to 35 years of service on Aug. 1, 2023.
1 sie 2023 · The current retirement eligibility rule requiring 34 years of service for an unreduced retirement benefit under the Defined Benefit Plan has been made permanent. The requirement was previously scheduled to increase to 35 years of service on Aug. 1, 2028.
30 mar 2022 · March 30, 2022. The State Teachers Retirement Board eliminated the age 60 requirement that was set to take effect in 2026. This improvement of the retirement eligibility requirements means that thousands of members will be eligible for an unreduced benefit at an earlier age.
SERS offers two types of service retirement: unreduced service retirement and early service retirement with reduced benefits. Unreduced Service Retirement For unreduced service retirement, you will earn the maximum pension amount based on your service credit (how long you’ve worked in an Ohio public service job) and final average salary (the
The School Employees Retirement System of Ohio (SERS) provides retirement security to the women & men who manage the daily operations of Ohio's K-12 schools, community colleges & the University of Akron.