Ohio teachers’ pension board votes to reduce years needed to retire, gives bump in monthly payments

Ohio teachers’ pension board votes to reduce years needed to retire, gives bump in monthly payments

An advocate for increasing the cost of living adjustment for retired Ohio teachers. (Photo by Morgan Trau, WEWS.)The Ohio teachers’ pension fund board has voted to increase the money in the monthly checks given to their retirees, as well as reduce the number of years active educators need to work before retiring with full benefits. With the cost of everyday essentials going up, every dollar counts. “We’re all trying to keep up with inflation, ri…