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| Open Enrollment for 2019 Medical Plans Begins Nov. 1 |
| Open enrollment for STRS Ohio’s medical plans is Nov. 1–20. This is the period for benefit recipients to decide if they want to continue coverage or enroll in a new plan for 2019. |
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| Dental, Vision Enrollment Runs Nov. 1–20 |
| Eligible benefit recipients can enroll themselves or their dependents for the 2019–2020 two-year contract period by using their Online Personal Account or submitting an enrollment application to STRS Ohio by Nov. 20. |
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| No Premium Increase in 2019 for More Than 90% of Enrollees |
| Lower than anticipated health care claims during the review period for STRS Ohio’s self-insured plans had a positive impact on the 2019 premiums. |
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| Online Open-Enrollment Resource Center Available |
| Accessible on the STRS Ohio website, the center offers enrollment instructions, plan coverage features, premiums, enrollment applications and more. |
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| Health Care Assistance Program Available |
| STRS Ohio’s Health Care Assistance Program provides qualifying benefit recipients with medical and prescription drug coverage for no monthly premium. |
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| STRS Ohio Addresses Concerns About the Cost‑of‑Living Adjustment |
| The State Teachers Retirement Board’s 2017 decision to reduce the COLA is part of a long-term plan to strengthen the financial condition of the retirement system and there are important facts for members to know about this decision. |
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| Annual Pension Valuation Report Shared at October Board Meeting |
| The report provides a detailed look at the financial and actuarial health of the pension fund as of June 30, 2018 (fiscal year end). |
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| Total Fund Returns +9.57% for Fiscal Year 2018 |
| The fiscal year 2018 return follows returns of +14.29 in fiscal year 2017 and +0.92% in fiscal year 2016. STRS Ohio’s investment consultant continues to call for lower than normal returns over the next decade. |
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| Fiscal 2019 Budget Reflects 2.2% Increase Over 2018 |
| STRS Ohio’s adopted operating budget for fiscal year 2019 totals about $101.7 million. STRS Ohio’s fiscal 2018 operating expenditures were about $637,000 less than the budgeted amount. |
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| Do you enjoy the convenience of reading this newsletter online? If you prefer to only receive this newsletter via email and have not yet opted out of receiving it by mail, you can update your correspondence preferences in your Online Personal Account. |
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