Pension News 2022
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2023 COLA and Active Member Contribution Rate

June 17, 2022 - The most difficult decision that the board makes each year involves what levels to set for active member contributions, Cost-of-Living Adjustment (COLA), and funding of Health Care. In the June board meeting, the decision was made to provide a 3% COLA in 2023, to those members that qualify based on age, reduce active member contributions to 13%, and to make a one-time allocation to the health care fund of $3.89 million for 2023.

See additional updates on the OSHPRS webpage.
February 21, 2019 - Pension News - Summaries of the most recent OSHPRS Board meetings are now being provided to the membership.  To access the summary, link to the Retirement System's web page , log into your account and click on "Board Meeting Updates".  During the February 21st meeting, the strategic plan was updated and GRS Retirement Consulting provided an overview of their most recent actuarial report and its potential impact on future COLA and active member contribution rates.  
OSHPRS Welcome Tony Bradshaw

Retired Captain Tony Bradshaw joined the Highway Patrol Retirement System team in June 2022 as the Operations Manager, after finishing his patrol career as the Findlay District Commander. With more than 25 years of service with the Ohio State Highway Patrol, he brings a unique background of Field Operations and Administrative experience to the system. Holding command positions in Findlay and Columbus District Headquarters, Security and Communications, Technology/LEADS, Fleet and Logistics, Facility Management, Legislative Liaison, Security Services, Fiscal Services, and Public Affairs. Tony’s experience has provided him with opportunities to contribute to strategic and executional tactics that will translate exceptionally well with the short-term and long-term operations of the system.

Tony earned a Master of Business Administration degree from Franklin University, completed training at the FBI National Academy, and earned a Bachelor of Science degree in police administration from Eastern Kentucky University. He and his wife Lainie reside in the Westerville area where they are raising their two daughters, Kylie and Katie.
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WCMH 4 / The Spectrum: STRS Board Members want to give themselves a bonus after COLA fight
The Hill - Merrill Matthews / The next financial hammer to fall: public pension funds
Toledo Blade / Ohio's public pension funds need scrutiny
Cincinnati Enquirer / Ohio's police and fire pension fund wants employers to pay more
Toledo Blade / Pension bailouts land on taxpayers
Forbes / STRS Private Equity Secrets; Unlimited leverage, outlandish fees, conflicts of interest