Ohio Public Pensions Suffer Cuts
Governing | June 12, 2017
Public-employee pension funds are big business in Ohio, providing a safety net for 1.75 million people.
There's a lot riding on them.Collectively, Ohio's five public pension funds have $192 billion in assets and last year paid out more than $15 billion in pension benefits and $1.1 billion in health-care benefits. They are not required by law to provide health insurance, but all five do. Whether they will in the future is uncertain.