Council reviews 2026 budgets: OPERS proposes $132.6M operating plan; OP&F health costs rise sharply; HPRS projects a modest decrease
The ORSC received 2026 budgets: OPERS proposed a $132.6 million operating budget (up 5.9%), citing personnel and professional-services increases; OP&F reported a 6.6% operating increase driven by a 29% rise in healthcare costs; HPRS presented a 3.48% decrease in its internal operating budget.
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The Retirement Study Council reviewed 2026 operating budgets submitted by three retirement systems.
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