Ohio sees a wave of retirements as pension changes take effect

01/7/2013 | News Journal (Mansfield, Ohio)

The Ohio Public Employee Retirement System saw a spike in retirement applications at the end of 2012, possibly because of a state law that decreases payouts to some public employees who remained on the job past 2012. Starting next year, the minimum number of years that state employees need to work in order to qualify for health care in retirement will increase, which could cause another spike in retirements, this article says.

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News Journal (Mansfield, Ohio)

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