Ohio PERS was established and exists solely for the purpose of providing retirement, disability, and survivor benefits to Ohio’s public employees. Created by legislation in 1933, it began operations in 1935 and it added access to healthcare in 1974. In 2003, it increased the pension plan options offered to three distinct plans. By December 30, 2020, Ohio PERS had a net asset base of US$ 114.3 billion.