News

Keeping an accurate address on record is an important means of communicating with OPERS. Throughout the year, we mail important information to you in the form of newsletters, tax forms, etc. Since your monthly retirement benefit deposits electronically each month, it...

OPERS has issued a request for proposal (RFP) for actuarial services. Proposals are due December 13, 2019. Click on the links below to download the RFP. Click here for PDF | Click here for Word How to Submit Responses Responses will only be accepted in a digital...

The federal Pension Protection Act (PPA) of 2006 was signed into law last year and became effective for the 2007 tax year. The PPA gives an "eligible retired public safety officer" the ability to claim a tax exclusion of up to $3,000 for amounts deducted from their...

Did you know in 1980 the average cost of a loaf of bread was 50 cents? In 2015, a loaf of bread averaged about $1.98, or nearly a 300 percent increase over the last 35 years. Welcome to the world of inflation. Inflation impacts everyone, whether you are just starting...

The OPERS Board approved emergency rules on August 15, 2019. See the links below for more details. Chapter 10 – Rules and Amendments Chapter 10 - Rule Impact Statement Chapter 40 – Rules and Amendments Chapter 40 - Rule Impact Statement Statutes and Administrative...

How are you preparing yourself for retirement? OPERS has develop retirement education seminars for OPERS members. The overarching goal of these programs is to help you be more prepared to maximize your well-being in retirement. Think about that for a moment –...

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to OPERS and the URSJJ by the Government Finance Officers Association (GFOA) for its comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form...

Most save for retirement in tax-deferred retirement accounts; meaning we delay paying taxes on those dollars until we take distributions in retirement. These dollars accumulate and grow, but they can’t stay tax-deferred forever. At a certain point, you must start...

Spend Less Than You Earn Do you spend each month wondering where all your money has gone? If your paycheck keeps disappearing before you have put anything into your savings, it’s time for a budget. A budget reminds us of a simple truth – we all must spend less than we...

Paul Thompson has been named the OPERS Deputy Executive Director. “Paul brings a wealth of experience and knowledge to this position, and we are thrilled to have him in this leadership role,” says Joe Fox, OPERS Executive Director. As the agency moves forward in...