School Employees Retirement System of Ohio
public plan · State of Ohio · Cincinnati, OH
Funding History
What This Means for You
School Employees Retirement System of Ohio is 65% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $8.2B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $14.9B | $23.1B | 64.6% | $897.4M |
| 2024 | $14.5B | $23.0B | 63.0% | $769.8M |
| 2023 | $13.7B | $19.7B | 69.2% | $990.0M |
| 2022 | $13.5B | $23.2B | 58.1% | $869.0M |
| 2021 | $13.2B | $19.7B | 66.8% | $1.0B |
Frequently Asked Questions
School Employees Retirement System of Ohio is 65% funded, meaning it has 65 cents in assets for every dollar in future benefit obligations. This is below the 80% threshold actuaries consider healthy, and may require increased contributions.
School Employees Retirement System of Ohio has 229,192 total participants, including 103,341 active employees and 125,851 retirees currently receiving benefits.
School Employees Retirement System of Ohio is not covered by the PBGC. Benefits depend entirely on the plan's assets and the sponsor's ability to fund it.
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.