Retirement

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All Montgomery County employees contribute to and participate in OPERS. Montgomery County employees do not contribute to Social Security; however, all employees do contribute to Medicare via a payroll tax rate of 1.45%. Montgomery County matches this 1.45% for Medicare. An OPERS pension benefit could reduce future Social Security benefits to which you may become entitled.

Retirement contribution rates are shared by employees and Montgomery County and are currently:

Employer = 14%
Employee = 10%
277 E. Town Street
Columbus, OH 43215
Phone: (800) 222-7377
Email: [email protected] (general, non-account specific questions)

Resources:

OPERS Website
OPERS New Hire Orientation Registration
New to OPERS
Member Handbook
Financial Wellness
Ready to Retire?
Forms & Documents
Member Education
How to Select Your OPERS Retirement Plan - Handout

How to Select Your OPERS Retirement Plan (webinar)

Below are additional ways to set aside money for retirement!

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The Ohio Deferred Compensation plan is a voluntary supplemental retirement program that provides for the deferral of a specified amount of your salary for long-term investment.

Ohio Public Employees Deferred Compensation Program
257 East Town Street, Suite 457
Columbus, OH 43215-4626
Phone: (877) 644-6457
Fax: (614) 728-2601

Contact: Steve Schmittauer, CRC | Account Executive
Email: [email protected]
Phone: 937-284-1212

Eligibility: All active full-time and part-time benefits eligible Montgomery County Board of County Commissioners Employees and Montgomery County Elected Officials
When Can Participation Begin: Anytime as an active employee

Resources:

Ohio Deferred Compensation Website
Resources
Ohio Deferred Comp EZ Enrollment Form
Calculators
FAQs
Forms
Schedule a Virtual Meeting with Steve Schmittauer, Account Executive
Roth FAQs - Ohio 457

Ready to Retire? 

Have questions about Medicare or Social Security?

See retirement resources below.


Resources:

RetireMed website
Via Benefits
Turning 65 & Medicare - RetireMed
RetireMed HSA Flyer

Retiremed Live Webinars can here found here 

Ready to Retire (webinar): Traditional Pension Plan Information for Members preparing for Retirement

Ready to Retire Health Care: Pre-Medicare

Ready to Retire Health Care: Medicare Eligible Members Preparing for Retirement