❌ SB69
Reform the state's public retirement system law
Current Status: In Senate Committee (Financial Institutions, Insurance and Technology)
Summary
The bill declares the General Assembly's intent to reform the laws governing Ohio's public retirement systems, including the Public Employees Retirement System, School Employees Retirement System, State Teachers Retirement System, Ohio Police & Fire Pension Fund, and State Highway Patrol Retirement System, to ensure their health and sustainability.
Rationale
The bill involves government intervention in public retirement systems, which conflicts with Libertarian principles advocating for minimal government involvement in economic matters and individual autonomy.
Risks and Concerns
- Increased government control over retirement systems
- Potential for cronyism in the reform process
- Reduced individual choice in retirement planning