What will STRS Ohio do with additional funds from employers?

The additional funding will further help stabilize the system and allow the Retirement Board and its actuary to consider modest, responsible benefit changes for active and retired teachers that could be sustained over the long term. These could include reducing the requirement for 34 years of service credit for full retirement benefits and inflation protection for retirees. Benefit changes are evaluated by the system’s actuary to ensure the changes will not materially impair the fiscal integrity of the system.