Changes to Member-Directed and Combined Plans
The OPERS retirement plans are not static and the complex rules of each plan change periodically to reflect the changing demographics of our membership base, cost considerations, and federal and state law. Since OPERS was established in 1935, the Traditional Pension Plan has undergone such changes. The most recent were included in Sub. Senate Bill 343,effective Jan. 7, 2013. OPERS conducted a review of the Member-Directed and Combined Plans and as a result, OPERS made changes that went into effect July 1, 2015 and Jan.1, 2016.
Recorded Presentation: 2016 Defined Contribution Changes
The following resources provide more information on the changes to our retirement plans: