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If I am refunding from the Traditional Pension Plan and have funds in the School Employees Retirement System (SERS) and/or State Teachers Retirement System STRS), do I need to do anything?

April 26, 2017employees funds pension plan refunding retirement School sers State system traditional

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If I am refunding from the Traditional Pension Plan and have funds in the School Employees Retirement System (SERS) and/or State Teachers Retirement System STRS), do I need to do anything?

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If you have funds in the Traditional Pension Plan with Ohio PERS and are also a member of the School Employees Retirement System (SERS) or a participant in the Defined Benefit Plan with the State Teachers Retirement System (STRS), you are required by law to apply for a refund from the other retirement system.