The Real Story (Part 2) — Pension and Benefits

There's been a lot shared about STRS Ohio lately on social media, the Internet and email. Sadly, much of this information has been incomplete at best and incorrect at worst.

In this edition of "The Real Story" we'll share more undeniable facts about your STRS Ohio pension and benefits:

FACT 1:
The average new STRS Ohio retiree receives an annual pension benefit of about $46,000.^*
The average new OPERS retiree receives an annual pension benefit of about $31,000.^**
The average new SERS retiree receives an annual pension benefit of about $18,000.^*

FACT 2:
STRS Ohio Defined Benefit Plan participants receive 77% of the average of their five highest salary years with 35 years of service credit.

FACT 3:
RHealth care coverage (medical, dental and vision) is available to qualifying STRS Ohio benefit recipients and their families. This coverage is popular, with 108,847 enrollees in the STRS Ohio Health Care Program.^***