SERS of Ohio administers pension, health care, disability, and survivors benefits for non-certificated employees of the state's school districts.
Ohio School Employees Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Ohio School Employees |
16,685.9 |
242,332 |
| Other Plans |
0 |
0 |
| Total |
16,685.9 |
242,332 |
Source: Public Plans Database (as of 2022)
Note: Ohio School Employees Retirement System has 0 other plans.
Assets
Assets at Year-End
Ohio School Employees Retirement System
2001-2022
| Fiscal Year |
Net Assets (billions) |
| 2001 |
7.9 |
| 2002 |
7.1 |
| 2003 |
7.1 |
| 2004 |
8.2 |
| 2005 |
8.9 |
| 2006 |
9.9 |
| 2007 |
11.6 |
| 2008 |
10.6 |
| 2009 |
8.0 |
| 2010 |
9.0 |
| 2011 |
10.5 |
| 2012 |
10.2 |
| 2013 |
11.2 |
| 2014 |
12.7 |
| 2015 |
12.6 |
| 2016 |
12.3 |
| 2017 |
13.4 |
| 2018 |
14.1 |
| 2019 |
14.3 |
| 2020 |
14.2 |
| 2021 |
17.6 |
| 2022 |
16.7 |
Membership
Ratio of Actives to Beneficiaries, 2001-2022
| Fiscal Year |
Ohio School Employees Retirement System |
US State and Local Pensions |
| 2001 |
2.0 |
2.4 |
| 2002 |
2.0 |
2.3 |
| 2003 |
2.0 |
2.2 |
| 2004 |
2.0 |
2.1 |
| 2005 |
2.0 |
2.1 |
| 2006 |
2.0 |
2.0 |
| 2007 |
1.9 |
2.0 |
| 2008 |
1.9 |
1.9 |
| 2009 |
1.9 |
1.9 |
| 2010 |
1.9 |
1.8 |
| 2011 |
1.9 |
1.7 |
| 2012 |
1.8 |
1.6 |
| 2013 |
1.7 |
1.5 |
| 2014 |
1.7 |
1.4 |
| 2015 |
1.7 |
1.4 |
| 2016 |
1.6 |
1.4 |
| 2017 |
2.0 |
1.4 |
| 2018 |
1.9 |
1.3 |
| 2019 |
2.0 |
1.3 |
| 2020 |
1.9 |
1.3 |
| 2021 |
1.8 |
1.2 |
| 2022 |
1.9 |
1.2 |
2022 Membership for Ohio School Employees Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 155,063 |
81,151 |
6,118 |
242,332 |
1,081 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Ohio School Employees Retirement System
2001-2022
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-154.3 |
7,884.6 |
| 2002 |
-150.7 |
7,112.3 |
| 2003 |
-88.7 |
7,115.4 |
| 2004 |
-63.8 |
8,153.4 |
| 2005 |
-62.0 |
8,886.9 |
| 2006 |
-114.2 |
9,856.0 |
| 2007 |
-152.2 |
11,571.3 |
| 2008 |
-168.0 |
10,646.6 |
| 2009 |
-186.8 |
8,024.9 |
| 2010 |
-114.1 |
8,953.4 |
| 2011 |
-193.0 |
10,483.1 |
| 2012 |
-243.9 |
10,201.2 |
| 2013 |
-318.6 |
11,160.6 |
| 2014 |
-362.7 |
12,662.8 |
| 2015 |
-449.6 |
12,638.9 |
| 2016 |
-448.0 |
12,296.0 |
| 2017 |
-450.2 |
13,438.8 |
| 2018 |
-575.8 |
14,078.7 |
| 2019 |
-561.0 |
14,337.5 |
| 2020 |
-541.8 |
14,203.0 |
| 2021 |
-558.3 |
17,561.2 |
| 2022 |
-542.4 |
16,685.9 |
2022 Cash Flows for Ohio School Employees Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 871.7 |
1,414.1 |
-332.9 |
-875.3 |
Cash Flow as a Percentage of Assets
Ohio School Employees Retirement System
2001-2022
| Fiscal Year |
Ohio School Employees Retirement System |
National Average |
| 2001 |
-2.0 |
-2.1 |
| 2002 |
-2.1 |
-2.4 |
| 2003 |
-1.2 |
-2.6 |
| 2004 |
-0.8 |
-2.0 |
| 2005 |
-0.7 |
-2.2 |
| 2006 |
-1.2 |
-2.2 |
| 2007 |
-1.3 |
-2.1 |
| 2008 |
-1.6 |
-2.3 |
| 2009 |
-2.3 |
-3.1 |
| 2010 |
-1.3 |
-3.2 |
| 2011 |
-1.8 |
-3.1 |
| 2012 |
-2.4 |
-3.3 |
| 2013 |
-2.9 |
-3.1 |
| 2014 |
-2.9 |
-2.9 |
| 2015 |
-3.6 |
-2.8 |
| 2016 |
-3.6 |
-3.0 |
| 2017 |
-3.4 |
-2.9 |
| 2018 |
-4.1 |
-2.6 |
| 2019 |
-3.9 |
-2.6 |
| 2020 |
-3.8 |
-2.4 |
| 2021 |
-3.2 |
-2.1 |
| 2022 |
-3.3 |
-2.1 |
