September Board News
During the September meeting of the State Teachers Retirement Board, the current turmoil in the bond
and domestic equity markets and its effect on the retirement fund was discussed. More...
Employer Manual Updates
The annual updates to the STRS Ohio Employers Manual are now available and can be viewed online in the PDF or Web versions. More...
Annual Compensation Limits Updated
The Defined Contribution Plan annual compensation limits have been updated for fiscal year 2008–2009. Click here to view and/or print the updated Annual Compensation Limits table. Please make sure to update your printed version of the Employers Manual with the new pages.
Retirees Required to Verify Access to Health Care Coverage
All non-Medicare retirees enrolled in the STRS Ohio Health Care Program will receive a mailing by early August from STRS Ohio instructing them to verify employment status and access to employer health care coverage for 2009. More...
Retirement Board Selects Executive Director
During its June 19, 2008, meeting, the State Teachers Retirement Board voted unanimously to name Michael (Mike) J. Nehf as the ninth executive director of the State Teachers Retirement System of Ohio (STRS Ohio). More...
May Newsletter for Reporting Employers Now Available
The latest edition of the employers newsletter was recently mailed to all employers. If you did not receive your copy, you can view the entire newsletter online or print out a PDF of it. Some of the topics covered in this issue include annual reporting, legislative update, new compensation limits, and Board Rule updates. More…
GASB Statement Available
In compliance with the disclosure requirements of the Governmental Accounting Standards Board (GASB), STRS Ohio has completed the following GASB statements:
GASB Statement No. 12 — regarding post-employment benefits other than pension benefits;
GASB Statement No. 27 — regarding employer pension disclosures; and
GASB Statement No. 45 — regarding employer OPEB disclosure.
Written Explanation
for Early Contract Completion Required When a Member Retires
Occasionally, teachers will work weekend days or holidays to complete
their contracts ahead of schedule so they can retire early. For STRS
Ohio purposes, compensation earned for work performed on weekends or
holidays for the purpose of early contract completion may not qualify
for retirement contributions. More…
Let Us Know What You Think
We want to know what you think we are doing right and what you think we can do better to meet your reporting needs. Employers can now use our new “Employer Comments” application to provide STRS Ohio with anonymous feedback. Click the link below or to the left under the cash remittance information to view the comment application. View the “Employer Comments” application.
Register
for E-Mail Updates
STRS Ohio is now offering a service where
you can receive timely and accurate news and information. More... |