Bill > SB69

This bill represents a legislative declaration of intent by Ohio's 136th General Assembly to reform the state's public retirement systems, specifically targeting five major systems: the Public Employees Retirement System, School Employees Retirement System, State Teachers Retirement System, Ohio Police & Fire Pension Fund, and State Highway Patrol Retirement System. The bill aims to implement legislative changes designed to ensure the long-term financial health and sustainability of these public retirement systems, though it does not specify the exact nature of those changes. By making this declaration, the General Assembly is signaling its commitment to addressing potential financial challenges or structural issues within these retirement systems, with the ultimate goal of maintaining their stability and ability to provide retirement benefits to public employees.

Business and Industry

https://www.legislature.ohio.gov/legislation/136/sb69