Risk
Ohio’s State Pension Slashes Healthcare Benefits amid Insolvency Concerns Threat
The board at OPERS voted to reduce medical benefits to avoid collapse by 2030.
The board at OPERS voted to reduce medical benefits to avoid collapse by 2030.
Pension participants filed suit after program’s pullout from healthcare coverage.
Plaintiffs says retirement system board reduced benefits unlawfully.
The number of workers benefiting from state and local government pensions in 2016 rose 3.3% in 2016.