STRS of Ohio administers pension, disability, health insurance, and survivors' benefits for certified teachers and other faculty members employed in public schools and agencies of the state and political subdivisions.
Ohio State Teachers Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Ohio Teachers |
83,668.7 |
352,484 |
| Other Plans |
0.0 |
0 |
| Total |
83,668.7 |
352,484 |
Source: Public Plans Database (as of 2023)
Note: Ohio State Teachers Retirement System has 0 other plans.
Assets
Assets at Year-End
Ohio State Teachers Retirement System
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
50.1 |
| 2002 |
44.9 |
| 2003 |
44.8 |
| 2004 |
51.4 |
| 2005 |
56.2 |
| 2006 |
62.1 |
| 2007 |
72.9 |
| 2008 |
66.8 |
| 2009 |
50.1 |
| 2010 |
54.1 |
| 2011 |
63.1 |
| 2012 |
60.7 |
| 2013 |
64.7 |
| 2014 |
71.0 |
| 2015 |
70.4 |
| 2016 |
66.3 |
| 2017 |
71.1 |
| 2018 |
73.5 |
| 2019 |
74.1 |
| 2020 |
72.7 |
| 2021 |
89.4 |
| 2022 |
80.9 |
| 2023 |
83.7 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Ohio State Teachers Retirement System |
US State and Local Pensions |
| 2001 |
1.7 |
2.4 |
| 2002 |
1.7 |
2.3 |
| 2003 |
1.7 |
2.2 |
| 2004 |
1.6 |
2.1 |
| 2005 |
1.5 |
2.1 |
| 2006 |
1.5 |
2.0 |
| 2007 |
1.4 |
2.0 |
| 2008 |
1.4 |
1.9 |
| 2009 |
1.3 |
1.9 |
| 2010 |
1.3 |
1.8 |
| 2011 |
1.3 |
1.7 |
| 2012 |
1.2 |
1.6 |
| 2013 |
1.1 |
1.5 |
| 2014 |
1.1 |
1.4 |
| 2015 |
1.0 |
1.4 |
| 2016 |
1.1 |
1.4 |
| 2017 |
1.1 |
1.4 |
| 2018 |
1.1 |
1.3 |
| 2019 |
1.1 |
1.3 |
| 2020 |
1.1 |
1.3 |
| 2021 |
1.1 |
1.2 |
| 2022 |
1.1 |
1.2 |
| 2023 |
1.1 |
1.2 |
2023 Membership for Ohio State Teachers Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 175,032 |
156,511 |
20,941 |
352,484 |
1,183 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Ohio State Teachers Retirement System
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-1,049.5 |
50,078.4 |
| 2002 |
-1,159.5 |
44,882.1 |
| 2003 |
-936.7 |
44,802.5 |
| 2004 |
-1,076.6 |
51,411.5 |
| 2005 |
-1,330.7 |
56,182.5 |
| 2006 |
-1,607.1 |
62,126.1 |
| 2007 |
-1,884.5 |
72,935.4 |
| 2008 |
-2,171.2 |
66,837.4 |
| 2009 |
-2,370.0 |
50,095.7 |
| 2010 |
-2,596.8 |
54,140.4 |
| 2011 |
-2,949.5 |
63,116.7 |
| 2012 |
-3,517.9 |
60,693.6 |
| 2013 |
-3,971.9 |
64,706.0 |
| 2014 |
-4,135.5 |
70,988.7 |
| 2015 |
-4,160.4 |
70,432.6 |
| 2016 |
-4,544.1 |
66,250.1 |
| 2017 |
-4,230.0 |
71,118.7 |
| 2018 |
-4,246.8 |
73,457.6 |
| 2019 |
-4,129.4 |
74,096.2 |
| 2020 |
-4,042.8 |
72,728.4 |
| 2021 |
-3,970.1 |
89,379.0 |
| 2022 |
-3,857.1 |
80,860.4 |
| 2023 |
-3,920.8 |
83,668.7 |
2023 Cash Flows for Ohio State Teachers Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 3,656.0 |
7,576.8 |
6,729.1 |
2,808.3 |
Cash Flow as a Percentage of Assets
Ohio State Teachers Retirement System
2001-2023
| Fiscal Year |
Ohio State Teachers Retirement System |
National Average |
| 2001 |
-2.1 |
-2.1 |
| 2002 |
-2.6 |
-2.0 |
| 2003 |
-2.1 |
-2.5 |
| 2004 |
-2.1 |
-2.0 |
| 2005 |
-2.4 |
-2.2 |
| 2006 |
-2.6 |
-2.2 |
| 2007 |
-2.6 |
-2.1 |
| 2008 |
-3.2 |
-2.3 |
| 2009 |
-4.7 |
-3.1 |
| 2010 |
-4.8 |
-3.2 |
| 2011 |
-4.7 |
-3.1 |
| 2012 |
-5.8 |
-3.3 |
| 2013 |
-6.1 |
-3.1 |
| 2014 |
-5.8 |
-2.9 |
| 2015 |
-5.9 |
-2.8 |
| 2016 |
-6.9 |
-3.0 |
| 2017 |
-5.9 |
-2.9 |
| 2018 |
-5.8 |
-2.6 |
| 2019 |
-5.6 |
-2.6 |
| 2020 |
-5.6 |
-2.4 |
| 2021 |
-4.4 |
-2.1 |
| 2022 |
-4.8 |
-2.1 |
| 2023 |
-4.7 |
-2.1 |
