Quick Facts

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Quick Facts
and Resources

fiscal year 2021

State Teachers Retirement System of Ohio logo.

Membership Profiles

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Average Full-Time
Active Profile


44.2
Age
13.6 years
Service Credit

$66,522
Salary
Contribution Rates
Active Member: 14%
Employer: 14%
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Average New Retiree
Profile

(for retirement in 2020–2021)


62.0
Age at
Retirement
29.7 years
Service Credit

$55,476
Annual Benefit

Membership —includes public school teachers, administrators and college and university faculty

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Active Members*
 

189,467
38%
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Inactive
Members

157,135
31%
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Retirees &
Beneficiaries

156,921
31%
 
 
 
 

Total Members

503,523

*Includes reemployed retirees

Benefits and Health Care Coverage

Retirement Plan Choices

Current Active Member Enrollment

DB
Defined Benefit Plan
=
85%
DC
Defined Contribution Plan
=
10%
CO
Combined Plan
=
  5%

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Benefits while working: Survivor and disability benefits are provided to eligible members in the Defined Benefit and Combined Plans.

Alternative Retirement Plans (ARP)

NOTE: Full-time higher education faculty also have the option of choosing an ARP administered by a private vendor. Current STRS Ohio plan versus ARP selection percentages are as follows:

59%
STRS Ohio Plan
41%
ARP
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Health Care Coverage: Access to health care coverage is available for qualifying Defined Benefit and Combined Plan retirees and their families, as well as eligible disabled educators.

Funded Status

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14.0  Years
STRS Ohio Funding Period
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87.8%
Market Value of Assets Funded Ratio

Quick Facts

as of June 30, 2021

 
approximately
$98.1
Billion
in total assets (including short-term investments)
500,000
Educators
active, inactive & retired
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8 out of 10
STRS Ohio benefit
recipients live in Ohio

Economic Impact

in fiscal 2021

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$7.0
Billion
Paid in service retirement,
survivor & disability benefits
$437
Million
Paid in medical and
pharmacy costs for the Health
Care Program enrollees
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$1.3
Billion
Invested in companies
headquartered in Ohio

STRS Ohio Board

STRS Ohio is governed by an 11-member board comprised of active members,
retirees and appointees

Contacts

Marla Bump
Director, Governmental Relations
614-227-4012 • [email protected]

Anne Erkman
Assistant Director, Governmental Relations
614-227-2983 • [email protected]

William J. Neville — Executive Director