Robert Britt (Toledo Police) was unanimously elected to serve as the chair of the OP&F Board of Trustees for a one year term beginning in June. Britt was elected to the OP&F Board of Trustees in 2019, representing active police officers. Britt is a veteran of the Toledo Police Department, joining the force in 1993. Marco Miller (retired, Columbus Fire) was elected chair elect of the Board. Miller was elected to the Board in 2019 representing retired firefighters. He retired from the Columbus Division of Fire as a lieutenant.
Britt takes over the chair position from Stephen Corvi (Columbus Fire), who has served as Board Chair since 2020. Corvi remains on the Board representing active firefighters.
Ohio Senator Sherrod Brown introduced legislation, in cooperation with a coalition of the national IAFF and national FOP, to repeal the direct payment requirement under the Healthcare for Local Public Servants (HELPS) Act.
If enacted, this would mean OP&F retirees can once again exclude from gross income up to $3,000 distributions to pay qualified health insurance premiums. The original HELPS Act (2006) did not allow OP&F retirees to use the exclusion once OP&F implemented its stipend-based retiree health care plan in 2019.
A study by independent investment consulting firm RVK commissioned by the Ohio Retirement Study Council found that the OP&F outperformed its own benchmarks, and its Ohio and national peers in 2021. OP&F outperformed more than 98 percent of all public plans with greater than $1 billion in holdings.
OP&F’s investment portfolio value:
(Motions voted on by the Board are listed separately)
At its May 2022 meeting, the OP&F Board of Trustees approved the following motions:
NEXT BOARD OF TRUSTEES MEETINGS: June 28-29, 2022
Information on Board of Trustees elections can be viewed by clicking the link below.
OP&F encourages you to come to our monthly board meetings. Board agendas and minutes can be viewed by clicking the link below.
Please click the links below to view Committee Assignments and Board Members.