News

New SERO Employee

Please join SERO in welcoming Nicole Shrestha as part of our Management staff.  Nicole comes to SERO with impressive skills and experience in Administration, Marketing and Publications.   Nicole has joined SERO as our Office Manager and Graphic Media Director.  Nicole will be learning our organizational goals and objectives and will partner with our Executive Director on many new and innovative projects. Nicole is already learning about our membership and you may get the opportunity to speak directly to Nicole when you call in to the SERO office.  We know you will offer your warm welcome to her as well.

New Windfall Elimination Provision (WEP) Legislation Announced

Representatives Kevin Brady (R-Texas) and Richard Neal (R-Texas) have just introduced H.R. 6933: "To amend title II of the Social Security Act to replace the windfall elimination provision with a formula equalizing benefits for certain individuals with non-covered employment, and for other purposes".

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Senior Real Estate Scam

Contact Franklin County Auditor's Office at 614-525-4663 if you receive anything in the mail promising real estate information.

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Watch for Scams with New Medicare Cards

Medicare has announced new ID cards to prevent fraud, but recipients must be vigilant and watch for scammers, even so.

SERS COLA UPDATE

(10/11/17) After considering alternate proposals aimed at immediately improving SERS’ financial position and reaching its long-term funding goals, the Board approved a three-year COLA suspension for current retirees and benefit recipients. Ultimately, after weighing the financial advice of the System’s actuary, the Board chose the three-year COLA suspension as the best way to improve the System’s financial footing while limiting the impact to retirees and benefit recipients as much as possible.

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Medicare Premium Nonsense

You may have heard that the Medicare Part “B” Premium is increasing thanks to the new health care laws that have passed. The new premium is not yet announced by Medicare but IT IS NOT $247.00 as suggested by some scare articles. Estimates from Medicare indicate nominal increases should be expected for 2013 and 2014. In similar articles a statement is made that real estate transactions in 2012 and future will require homeowners to pay 3.8% tax on the transaction. This statement is false.

Banking

Customers and non-customers of banks have reported receiving fraudulent text messages about their debit cards and requesting information. The text messages advise the recipients to vall and provide confidential information in order to unblock or re-activate the debit card. DO NOT RESPOND TO THESE MESSAGES! If you have any questions about your banking and accounts you should contact your bank directly.

Unclaimed Funds Scam

Ohioans have been warned by the Director of Ohio Dept. of Commerce regarding an e-mail scam telling the recipient that they have international unclaimed funds worth millions in cash. The e-mails look legitimate as most scams. If an e-mail recipient responds, they are directed to contact an overseas attorney. The Division of Unclaimed Funds would not direct a claims recipient to a third party, charge fees to claim funds, or request bank account information. If you should receive such an e-mail your are encouraged to delete it or report it to the Internet Crime Complaint Center at www.ie3.gov. For those who may have unclaimed funds you may search the Ohio Division of Unclaimed Funds at www.com.ohio.gov/unfd/TreasureHunt.aspx or contact them at Ohio Dept. of Commerce, Division of Unclaimed Funds, 77 South High Street, 20th Floor, Columbus, Ohio 43215. (July 2011)