free bootstrap themes

SERO NEWS & EVENTS
Please watch this page for the latest News & Events!

Scroll down page to see all the News & Event information

FREE Dowload for Adobe Acrobat

Adobe Acrobat is needed to view PDF documents. Click HERE to download

PENSION BENEFITS AT RISK WITHOUT COLA CHANGES

(5/16/17) - As Chair of the SERS Board of Trustees and an active member of OAPSE, I want to let you know the importance of the proposed Cost-of-Living Adjustment (COLA) changes to SERS.

Protecting Pension Benefits Is Our Priority


The SERS Board is sworn to protect the pension benefits of active and retired members.
The changes fairly ask active members and retirees to share in the pension funding solution, rather than saddling active members with the entire burden.
Ignoring the Problem Now Makes It Worse Later
SERS must address its financial challenges now. The pension fund may not withstand another serious financial crisis. The health care fund has seven years of funding, and cannot survive without a healthy pension fund. Despite this urgency, members are being asked to oppose
these changes.

A FAIR Solution
We know these changes are difficult. Several of our advocacy group partners have provided letters of support or understanding that the COLA changes are a FAIR and NECESSARY solution.

We Need to Hear from You
If you agree that it is better to make changes now rather than waiting for the funding problem to get worse, let the SERS Board
hear your voice.

Click below to tell the SERS Board: 

August 24, 2017


SERS Health Care Open Enrollment Moves to October

The annual Health Care Open Enrollment period will have a later start date this year. It will run October 1, 2017 through November 15, 2017, with open enrollment packets being mailed in late September.
In the packet, SERS health care participants will find their premiums for 2018, as well as any benefit changes.

The new start date will overlap with the Health Insurance Marketplace open enrollment period, which runs November 1, 2017 to December 15, 2017.

SERS Wraparound Plan enrollees should watch the mail for their 2018 premium and benefit changes from the Marketplace.

The SERS Wraparound Plan is only available to non-Medicare participants who have not waived SERS health care coverage.

The schedule lists the upcoming open enrollment meetings and webinars. 

Please make sure to attend a local meeting or register for a webinar to learn about any 2018 plan changes or information.

2017 SERO 
Annual Meeting 

SERO announces our 2017 Annual Meeting. It will be held at the
Villa Milano, 1630 Schrock Road, Columbus, Ohio 43229
on Tuesday, May 9, 2017.


February 22, 2013

School Employees Retirement System Board Appoints Richard Stensrud as Executive Director

Lisa Morris, Executive Director of the School Employees Retirement System of Ohio (SERS) Retirement Press Release 

August 18, 2016

May 31, 2016

April 28, 2016

SENIOR DAY AT THE OHIO STATE FAIR Ohio State Fair 2016 Senior Day. A “special” day for Seniors to attend and enjoy items geared for their interests.

March 15, 2016

Notice to retirees. We have become aware of a group that is in the process of forming which may send solicitations or mailings to our members. Our retiree association leaders have met with the leader at Protect Our Pensions, POP5 and have stated we do not wish to have this confusion for our members. If you receive literature or mailings from the Protect Our Pensions group, we want you to know that we are not connected to this group nor do we have any affiliation with POP5. We do not support POP5 nor do they support SERO. Please review letter signed by all retiree associations to the leader/organizer of POP5. 
Click here to view the POP Letter. 

Faculty and families of School Employee Retirees of Ohio, Inc (SERO) & Ohio Retired Teacher Association (ORTA) are invited to a SPECIAL EVENT on Wednesday, April 20 1:00 PM – 4:00 PM at Costco- Gemini Place (Polaris) , Columbus, OH 43240. To view the flyer for this event please click on this link-

For more information please contact Valerie Rodgers at 614-431-0387 or by email info@ohio-sero.com

March 2, 2016

2016 SERO ANNUAL MEETING ANNOUNCEMENT. SERO announces our 2016 Annual Meeting. It will be held at the Villa Milano, 1630 Schrock Road, Columbus, Ohio 43229 on Wednesday May 11, 2016. Registration begins at 8:30 am and the meeting normally adjourns by 2 to 3 p.m.. SERO Chapter leaders, School Employees and Retirees are encouraged to attend this meeting. Especially if you have not attended a meeting before, this is one you will want to attend. Attendees get to see close up what SERO is about and what we do to help our retirees. Pension and Health care issues under current discussion by the SERS Executive Board will be a focus for this meeting. SERS Administration and staff will be speaking as well as holding a question and answer session so you may understand how any potential changes may affect you. Representatives from many resources including: medical vendors, AMBA, Ameriprise, BBB, Social Security, Ohio Dept of Insurance, will be available for questions and with literature for attendees. Registration forms are available in our SERO April Newsletter and through the SERO office. Your $12.00 fee per person, includes breakfast/lunch with all meeting materials. SERO members participate in door prizes and gift raffles during the meeting. Registrations received by April 25, 2016 are $12.00 per person and registrations received by May 2, 2016 will be $15.00 per person. Register early for the best rate!! For more details, contact SERO at 614-431-0387.

October 28, 2015

Congress and the White House have come to a deal to address the Medicare Part B premium increase. This deal was made and put into the Budget Bill that is pending approval at this time. The actual bill language follows:

SEC. 601. Maintaining 2016 Medicare Part B Premium and Deductible Levels Consistent With Actuarially Fair Rates. In 2015, the monthly Part B premium rate is $104.90. Without Congressional action, the estimated monthly Part B premium in 2016 for beneficiaries not held harmless would be $159.30. This policy would maintain the hold harmless provision in current law and prevent a dramatic premium increase on beneficiaries not held harmless. This policy accomplishes this by setting a new 2016 basic Part B premium for the beneficiaries not held harmless at $120, which is the amount the Part B premium would otherwise be for all beneficiaries in 2016 if the hold harmless provision in current law did not apply. To effectuate this policy, in 2016, there would be a loan of general revenue from the Federal Treasury to the Supplemental Medical Insurance (SMI) Trust Fund. To repay the loan, starting in 2016, beneficiaries not subject to the hold harmless would pay an additional $3 in their monthly Part B premium until the loan is repaid. Medicare beneficiaries who currently pay higher income-related premiums would pay higher than $3, the amount of which would increase for beneficiaries in each higher-income bracket in proportion to income-related premiums under current law. If there is no cost of living adjustment increase for 2017, this provision would
apply again..


October 26, 2015

Please review the latest “Call to Action” from School Employees Retirement System regarding a proposed 52% increase in Medicare Part B premiums for a small segment of the participants. About 70% of those Medicare Part B participants who have their Part B premium withheld from their Social Security benefit check are not subject to this increase due to a “hold harmless provision” however, 30% of Medicare Part B recipients who do not get a Social Security check will have to cover the increase for the entire group. Premiums may jump from $104.90 to $159.30 for this one small group. To submit a letter to your legislators, please use the link below to submit a letter to your legislators. Calls and emails are recommended to get your thoughts to legislators quickly. To make a call to your Congressional legislator, please review our Congressional Representative listing.

We need your help. Due to a “hold harmless” provision in the Social Security law, retired Ohio public employees may be shocked to see a 52% increase in their 2016 Medicare Part B premiums because they did not pay into Social Security. For many SERS retirees, this will result in a Medicare Part B monthly premium of $159.30, an increase of $54 per month. We urge you to contact your member of Congress to prevent this dramatic increase and avoid a financial hardship.

CONTACT
School Employees Retirement System of Ohio
300 E. Broad St., Suite 100
Columbus, Ohio 43215
Call: 1-800-878-5853
Visit: www.ohsers.org

October 16, 2015

“AMERICAN WORKER HEALTH CARE TAX RELIEF ACT OF 2015” Introduced in the Senate by Ohio Senator Sherrod Brown on September 24, 2015, Senate Bill 2075 amends the Internal Revenue Code to repeal for taxable years after Dec. 31, 2017, the excise tax on employer sponsored health care coverage for which there is an excess benefit. (High Cost Plans) This excise tax, commonly referred to as the “Cadillac Tax” could cause many plans to increase their premiums substantially.

October 14, 2015

“PROTECTING MEDICARE BENEFICIARIES ACT OF 2015” Please review letter of thanks from SERS Executive DIrector, Lisa Morris to Senator Sherrod Brown on his efforts to assist retirees who would be affected by this increase. Click on link to see the Senate Bill Protecting Medicare Beneficiaries Act of 2015

October 12, 2015

“IT’S TIME TO CORRECT THE MATH” The Windfall Elimination Provision Position Paper by the Social Security Advisory Board talks about how the current WIndfall Elimination Formula works and how the new calculation will bring more fair benefits for those public servants who are affected by the current laws


Social Security announcement bad news for 70 million Americans.
 Recent AP (Washington) article by Stephen Ohlemacher on October 12, 2015 discusses the announcement expected this Thursday regarding no Social Security COLA increases for 2016. Click on article here- Lower gas prices means no Social Security increase next year