COLUMBUS, Ohio (AP) — A package of bills aimed at shoring up Ohio's five public pension funds with increased contributions among some workers and higher retirement ages cleared the state Legislature on Wednesday in a rare showing of bipartisanship during an election year.
The legislation will affect almost 1.8 million Ohioans who are covered by the five funds: Ohio Public Employee Retirement System, State Teachers Retirement System, School EmployeesRetirement System, Ohio Highway Patrol Retirement System and the Ohio Police and Fire Pension Fund.
Republican Gov. John Kasich will sign the package into law, his office said.
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