STRS Ohio is one of the largest public pension funds in the country, serving active, inactive and retired Ohio public educators. STRS Ohio is funded through investment returns and contributions made by members and their employers. STRS Ohio operates under the guidelines of Chapter 3307 of the Ohio Revised Code. It is legally separate from and fiscally independent of state and local governments.
The mission of STRS Ohio is to provide Ohio’s public educators a foundation for their financial security. The vision of STRS Ohio is to serve current and future Ohio public educators and their loved ones.
$89.9
billion
total investments500,000
educators
active, inactive and retired394
members
approved for service retirement benefitsThe funded ratio is the pension plan’s assets as a percentage of what it owes to current and future retirees.
11.5 years
STRS Ohio funding periodThis is how long STRS Ohio would need to fully fund benefits for current and future retirees.
78.9%
Market value of assets funded ratioThis looks at the pension fund’s assets as a percentage of what it owes to current and future retirees.
STRS Ohio members include public school teachers and administrators and higher education faculty. Members are employed by 1,121 school districts, vocational schools, colleges and universities, county boards of developmental disabilities, and community and charter schools.
13
Years service credit$69,240
Salary
$69,000
Annual benefit$157,000
Average Partial Lump-Sum Option Plan (PLOP) payment, if elected
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. Current enrollment is more than 108,000.
$418
million
paid in medical and pharmacy costs for the Health Care Program enrollees — an average of more than $1.1 million per daySelect a county or district from the menu below to view the number of STRS Ohio members, earnings and benefits paid throughout the state.
8 out of 10
STRS Ohio benefit recipients live in Ohio
$5.7
billion
STRS Ohio benefits distibuted among 88 counties