STRS Ohio COLA Compared to OPERS COLA

At the October State Teachers Retirement Board meeting, Chief Actuary Don Schley presented a comparison of cost-of-living adjustments (COLAs) for retired members of STRS Ohio and Ohio Public Employees Retirement System (OPERS). Per the board’s request, he discussed the differences between the two systems regarding Ohio law, funding, investment returns, demographics and cash flows. This concise explanation was recorded as part of the board meeting.