YOUNGSTOWN — The Ohio Public Employee Retirement System board voted 9-2 Wednesday to reduce health care benefits for retired public employees.
The decision will impact 213,000 current retirees and 304,000 future retirees throughout the state. OPERS announced that these reductions are meant to extend the solvency of the health care trust fund and will go into effect in January 2022.
“This reduction in benefits means that current and future retirees will have to pay significantly more for their health care,” U.S. Rep. Tim Ryan of Howland said in a news release. “It breaks my heart that in the richest country in the world we still have a patchwork health care system that struggles to provide quality and affordable health care to our workers and retirees. Unfortunately, this serves as another example of the need to reform our health care system.”