Member Account

Combined Plan participants receive quarterly account statements for the defined contribution portion of the account and an Annual Statement for the defined benefit portion. The contents of these statements are detailed below.

Each September, STRS Ohio posts your Annual Statement to your Online Personal Account. The statement reflects your service credit, earnings and contributions as of the preceding June 30 (end of the fiscal year) as well as the current value of your account.

The statement also includes:

• Your retirement date and age eligibility and projected benefit amount (defined benefit portion);
• Survivor and disability benefit estimates; and
• Service credit eligible for purchase.

The statement does not include credit in other Ohio retirement systems, if applicable. Your complete service credit history for STRS Ohio-covered employment is available in your Online Personal Account.

View a sample of the Annual Statement.

As a Combined Plan participant, you receive a statement summarizing activity in your defined contribution account on a quarterly basis. The statement includes the following information:

• Current allocation of deposits
• Account balance as of end of quarter
• Vested balance as of end of quarter
• Account activity during the quarter — payroll deposits
• Gains and losses during the quarter

Contribution rates for the Combined Plan are established by the State Teachers Retirement Board and are subject to change. The current contribution rates are:

• Members contribute 14% of their annual salary, 12% goes into a defined contribution account where the investment risk is assumed by you. However, 2% of your current contribution and employer contributions fund a defined benefit portion of the plan — invested by STRS Ohio investment professionals — to pay for service retirement, disability or survivor benefits and access to retiree health care coverage.^* Contribution rates and eligibility for health care are established by the State Teachers Retirement Board and are subject to change.
• Employers contribute 14% of the member’s annual salary to their defined benefit account.

^*Coverage under the STRS Ohio Health Care Program is not guaranteed. STRS Ohio hopes to continue the program, but reserves the right to change or discontinue all or part of the program for all or a class of eligible benefit recipients and dependents at any time.

Contact the STRS Ohio Member Services Center toll-free at 888‑227‑7877 if you have questions about the contribution rates.