Monthly Board Report

OP&F going paperless for monthly benefit statements

Beginning this summer, OP&F will no longer mail benefit statements to retirees when their benefit amount changes. Instead, an email will be sent alerting the member that a new monthly statement is available in the secure member area of the OP&F website.

The new process will begin with an email in late July alerting those members with a benefit change that their August 2021 statement is available online to view, download or print. No personal member information will be included in the email, just a link to log onto the secure Member Self-Serve portal at op-f.org.

OP&F has not mailed statements on a monthly basis for many years and has only sent them when a benefit amount changed. Retirees who do not have internet access can call OP&F and request that a statement be mailed.

PORTFOLIO UPDATE

OP&F’s investment portfolio value:

  • Current value (5/25/21): $18.0 billion
  • End of April value: $17.9 billion
  • End of March value: $17.4 billion

Board of Trustees Committee Notes

(Motions voted on by the Board are listed separately)

  • DISABILITY: The Committee conducted its scheduled initial determination and appeal hearings. The Committee also received the Ohio Public Safety Officers Death Benefit Report, through March 1, 2021.
  • BENEFITS: The 1st Quarter 2021 Deferred Retirement Option Plan Experience Report was presented to the Committee for discussion. The Committee also received the 2021 Benefits Committee Schedule.
  • INVESTMENT: Staff discussed the month-end portfolio values, significant cash movements and investment performance. Wilshire Associates presented the Investment Performance Report and Private Credit Program Analysis through March 31, 2021. Townsend discussed the Real Estate and Real Assets Performance reviews through Dec. 31, 2020. The Committee was also provided the 2020 Manager Fees Report.

Motions:

At its May 2021 meeting, the OP&F Board of Trustees approved the following motions:

  • Approved staff’s and Wilshire’s recommendation to adopt the Investment Guidelines for the Barings international small-cap mandate. Motion passed by unanimous vote (Investment Committee).
  • Approved staff’s and Aksia’s recommendation to commit up to $20 million to the Primus Capital Fund IX. Motion passed by unanimous vote (Investment Committee).
  • Approved Townsend’s recommendation to commit up to $60 million to the Ventas Life Science and Healthcare Real Estate Fund. Motion passed by unanimous vote(Investment Committee).
  • Approved the following from the Disability Committee:
    • The recommendations for the eight Initial Determination Hearings.
    • The recommendations for five Death Benefit Fund cases.
    • The recommendations for two Appeal Hearings.
    • The recommendation for one reconsideration.
    • Waivers for mandatory medical evaluations and future filing of annual earnings statements for the members listed.

    NEXT BOARD OF TRUSTEES MEETINGS: June 29 - June 30

    Posted 6/2/2021

Previous Reports

Monthly Report For June 2024
- Posted June 27, 2024
Monthly Report For April 2024
- Posted May 02, 2024
Monthly Report For March 2024
- Posted March 13, 2024
Monthly Report for January 2024
- Posted January 31, 2024
Monthly Report for December 2023
- Posted January 11, 2024
Monthly Report for November 2023
- Posted November 13, 2023
Monthly Report for September 2023
- Posted October 06, 2023
Monthly Report for August 2023
- Posted September 18, 2023
Monthly Report for June 2023
- Posted July 09, 2023
Monthly Report for May 2023
- Posted June 01, 2023
Monthly Report for April 2023
- Posted May 03, 2023
Monthly Report for February 2023
- Posted March 20, 2023
Monthly Report for January 2023
- Posted February 01, 2023
Monthly Report for December 2022
- Posted December 29, 2022
Monthly Report for October 2022
- Posted November 04, 2022
Monthly Report for September 2022
- Posted October 07, 2022
Monthly Report for August 2022
- Posted September 09, 2022
Monthly Report for June 2022
- Posted July 06, 2022
Monthly Report for May 2022
- Posted June 02, 2022
Monthly Report for April 2022
- Posted May 05, 2022
Monthly Report for March 2022
- Posted April 19, 2022
Monthly Report for February 2022
- Posted March 15, 2022
Monthly Report for January 2022
- Posted February 02, 2022
Monthly Report for December 2021
- Posted December 08, 2021
Monthly Report for October 2021
- Posted November 02, 2021
Monthly Report for September 2021
- Posted October 07, 2021
Monthly Report for August 2021
- Posted September 01, 2021
Monthly Report for June 2021
- Posted July 12, 2021
Monthly Report for May 2021
- Posted June 02, 2021
Monthly Report for April 2021
- Posted May 24, 2021
Monthly Report for March 2021
- Posted April 08, 2021
Monthly Report for February 2021
- Posted March 04, 2021
Monthly Report for January 2021
- Posted February 04, 2021



Board of Trustee Elections

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Board and Committee Meetings

OP&F encourages you to come to our monthly board meetings. Board agendas and minutes can be viewed by clicking the link below.

Board Members and Committee Assignments

Please click the links below to view Committee Assignments and Board Members.