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Home > Blogs > Ohio politics > Archives > 2011 > February > 07 > Entry
OPERS chief to step down
Ohio Public Employees Retirement System Chief Executive Chris DeRose is resigning after four years at the helm to take a job with Ingenix, a health care consulting company.
The OPERS board will conduct a national search to replace DeRose.
With assets of more than $75 billion, OPERS is the largest public pension system in Ohio and the 12th largest in the nation. It provides retirement, disability and survivor benefits for public employees throughout the state and serves nearly 954,000 members, including more than 171,500 retirees.
Lawmakers are beginning work on a comprehensive overhaul of the state’s five public pension systems that will likely force government employees to work longer before they’re eligible to retire, chip in more toward retirement and then accept a smaller pension check. The changes are needed to shore up the long-term financial solvency of the pension funds.
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By Reader
February 8, 2011 8:38 AM | Link to this
What do those comments have to do with this little blurb of an article?
By Ric Moody
February 7, 2011 11:47 AM | Link to this
EBruce….you are so funny again. Start a company, put people to work…stop complaining all the time. It is very easy to see that you have no knowledge of economics and how business work.
By EBruce
February 7, 2011 11:13 AM | Link to this
K-Sick and the Repubs are on their way to squash unions and the tax paying workers.