Pension changes may swell Ohio teacher retirements
COLUMBUS, Ohio (AP) - Education leaders in Ohio are expecting a wave of teacher retirements in the coming months.
The Columbus Dispatch reports that changes in retirement rules will give teachers across the state a strong incentive to retire by July 1.
Teachers who retire in the first half of 2013 will begin receiving 2% cost-of-living increases to their pensions in 2015 while those who don't must wait until 2018 to see increases.
Similar changes to the Ohio Public Employees Retirement System led to a big number of retirements at the end of 2012.
Officials with the School Employees Retirement System and the State Teachers Retirement System say they'll have a good idea about the potential impact on retirements in a few months.
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Thursday, May 23 2013 5:59 PM EDT2013-05-23 21:59:47 GMT
The 27-year-old woman who was on the ground staring into the barrel of a shotgun says Toledo police officers saved her life. Valarie Williams tells 13 ABC's Christine Long that it is nothing short of
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Thursday, May 23 2013 5:49 PM EDT2013-05-23 21:49:00 GMT
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Thursday, May 23 2013 5:32 PM EDT2013-05-23 21:32:43 GMT
The 13abc I-Team is investigating some huge and surprising utility bills for several Maumee residents who were surprised to open their bills and find they were up to ten times the normal amount. I-Team
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Thursday, May 23 2013 5:09 PM EDT2013-05-23 21:09:15 GMT
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Thursday, May 23 2013 4:02 PM EDT2013-05-23 20:02:17 GMT
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Thursday, May 23 2013 12:47 PM EDT2013-05-23 16:47:37 GMT
Source: TPS website
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Thursday, May 23 2013 9:46 AM EDT2013-05-23 13:46:40 GMT
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Thursday, May 23 2013 5:07 AM EDT2013-05-23 09:07:37 GMT
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Thursday, May 23 2013 5:02 PM EDT2013-05-23 21:02:23 GMT
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