Monday, Sep 26, 2016
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Insurance hike OK d for school retirees

COLUMBUS - The School Employees Retirement System may proceed with a planned hike in health-care premiums for about 50,000 nonteacher retirees from Ohio schools.

Franklin County Common Pleas Court Judge Nodine Miller rejected a Dec. 31 recommendation from a court magistrate that a preliminary injunction requested by the Ohio Association of Public School Employees to halt the changes be granted.

The union - representing about 100,000 active custodians, food service, clerk, and other school employees - filed suit in an attempt to halt the reduction in health benefits, a step taken by several pension funds to reduce costs as fund investments took a beating in the stock market.

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