(February 19, 2018) A revealing article on the status of H.B. 413 was published in the Sunday edition of The Columbus Dispatch yesterday shedding light on where the bill stands in the legislative process. It was authored by Dispatch reporter Catherine Candisky and can be read by copying and pasting this link in your web browser: http://www.dispatch.com/news/20180217/opers-retirees-fight-back-against-proposed-cut-in-benefits. It appears that in its present form the bill is not going to move toward passage in the Ohio House, according to its sponsor, Rep. Gary Scherer (R – Circleville). This is good news for PERI members and all OPERS retirees.
Geoff Hetrick, PERI President & CEO, cautions members to remain vigilant and follow through with the association’s request to send letters and make phone calls to their elected representatives in the Ohio General Assembly. “PERI members need to keep up the pressure by letting their senators and representatives know this is a flawed proposal and how it would adversely impact you and your family. Many legislators do not realize the impact such a reduction will have on the quality of life of OPERS retirees and how the ever-increasing cost of health care has eroded the purchasing power of the current 3% fixed COLA.”
PERI resolves to keep up the fight against the passage of HB 413 until OPERS and the General Assembly recognize the need to maintain the current 3% COLA.