Ohio Retirement Study Council to discuss 'Retirement at Risk' at meeting on Thursday, October 8th
The agenda for ORSC's meeting on October 8, 2026, includes a discussion of the 'Retirement at Risk' research document, which raises questions about discrepancies between our pension system and the Ohio Public Employees Retirement System (OPERS). The document notes that both pensions report a stated (self-reported) return and an actuarial return. Over a 20-year period, STRS overstated its investment return in 19 of 20 years, while OPERS overstated its investment returns only 8 times. STRS’s overstated returns were also 300% higher than OPERS'.
At the meeting on Thursday, the Council will review reports from the ORSC, which looked into the 'Retirement at Risk' document, as well as reports from consultants Pension Trustee Advisors (PTA) C and RVK. ORTA has reviewed these materials but still has questions that we hope the meeting will answer. None of the consultants' reports tried to reconcile the STRS numbers or explain why their stated (self-reported) numbers are so significantly off from their actuarial numbers.
Before you watch Thursday's meeting of the ORSC, watch the discussion of 'Retirement at Risk' at last month's meeting. Click here to watch the recording of the August 13th meeting of ORSC. Start at 39:00 for the discussion of 'Retirement at Risk'.
The meeting of ORSC on October 8 will begin at 10:00 AM EST in room 116 of the Ohio Statehouse, 1 Capitol Square, Columbus, OH 43215. The meeting will be livestreamed on the Ohio Channel. Click here to watch the meeting in real time.
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