The Ohio Public Employees Retirement System (OPERS) is a generous pension offered to state employees. This consists of 10% of an employee's paycheck going into the pension each pay, with the employer matching 14% of the paycheck for a total of 24% going towards your retirement.
Deferred Compensation Program
The Deferred Compensation program is a pre-tax, private, 457 retirement account that acts as a supplemental retirement plan to the pension that is optional to any State of Ohio employee.
Ohio 529 College Savings Plan
The College Advantage program is a tax-free 529 account that acts as a simple way to save up for any higher education for a loved one and is available to all State of Ohio employees to enroll.