(December 14, 2017) Yesterday, the Ohio House Committee on Aging and Long Term Care heard proponent testimony from OPERS Executive Director Karen Carraher on why she believes there is a need to move forward with the proposed change to limit retirees’ COLA to actual inflation capped at 2.5%. There is nothing new to report in terms of changes in OPERS position or new arguments in support of HB 413. We are waiting to hear when the committee plans to schedule opponent testimony so that PERI and others will have the opportunity to present our case to the committee. We have been led to believe this will not occur until the General Assembly returns from their Christmas break in January.
On December 12th the sponsor of HB 413, Gary Scherer, met with the PERI Board of Trustees. The purpose of the conversation was to allow for the exchange of thoughts and concerns as they relate to many elements of the bill. It was a productive and thoughtful discussion that should prove to be a good lead up to our testimony, once it is scheduled. PERI members will be notified in the next few days of action they can take by writing letters and making calls to legislators. Expect to hear more from your chapter officers as we will be communicating directly with them regarding talking points and other information to move this portion of our advocacy efforts forward.