Highway Patrol Retirement System cites small active base, COLA affordability tests
Carl Rourke, executive director of the Ohio Highway Patrol Retirement System, told the committee HPRS is a single‑employer fund with roughly 1,400 active members and about 1,600 retirees; he described a funding policy that assesses negative amortization and stress‑tests COLA affordability.
The full story
Carl Rourke, executive director of the Ohio Highway Patrol Retirement System (HPRS), told the House Public Insurance and Pensions Committee that HPRS is distinct among Ohio systems as a single‑employer fund serving only Ohio State Highway Patrol troopers.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in