CRS Trustee Elections
Election of Trustees for the
Cincinnati Retirement System (CRS) Board of Trustees
The CRS Board is comprised of 11 Trustees:
- Six Trustees are appointed by the Mayor.
- Four Trustees are elected by the employees.
- One Trustee is elected by the retirees.
Employee Election of Two Trustees - Election Results
Congratulations! The active members of the CRS elected one retiree and one employee to represent their interests on the Board of Trustees.
Jack Walsh 353 - Employee
Ely Ryder 177 - Retiree
Sheila Laffey 141
Bryan Schmitt – 132
Maurice Brown – 128
Tom Seward - 118
Ann Newsom – 83
Jesse Short - 63
Retiree Election of One Trustee
The CRS Board of Trustees Rules for the Retiree Elections stipulates that "If only one candidate is nominated by the deadline, and the nomination form contains the minimum 25 validated signatures, the election shall be declared closed and the candidate declared the winner."
Donald Beets was the only nomination submitted for the Retiree Election.
Donald Beets is declared the Trustee for the CRS Board of Trustees for a four-year term effective October 2014.
Targeted For Employees Within 10 Years Of Retirement
- Personal Finance Education
- Cincinnati Retirement System
- Social Security Benefits for Public Employees
- Saving for Retirement through Deferred Compensation
Obtain your supervisor's approval & contact your Training Registrar to enroll.
About The Cincinnati Retirement System
The Cincinnati Retirement System (CRS) was established in 1931, the first Ohio pension plan for general city employees. It pre-dates Social Security and the Ohio Public Employees Retirement System. CRS is a defined benefit pension plan, established by Chapter 203 of the Cincinnati Municipal Code and is a qualified governmental plan for tax purposes pursuant to 26 USC § 414(d). It is governed by an 11-member Board of Trustees: four members elected by active members; one member elected by retirees; and six members appointed by the Mayor and City Council.
CRS is funded by both employee and employer contributions. In 2013 employees contribute 9.0% of pensionable earnings. If the member terminates employment and chooses to withdrawal their employee contributions, the member forfeits all service credit and eligibility for a pension benefit. Employer contributions are not owned by the member and are not eligible for a lump sum withdrawal.
Employee pension contributions are pre-tax and deducted from payroll before Federal and State taxes are calculated. However, employee contributions are subject to City of Cincinnati income tax which is calculated before contributions are deducted. Pension benefits or a refund of employee contributions are taxable for Federal and State purposes when paid to the member, and are exempt from City of Cincinnati income tax.
Monthly pension benefits are payable once the member reaches retirement eligibility and has completed and submitted the required paperwork. Members who fail to submit all required paperwork to CRS in a timely manner will forfeit any benefit that otherwise may have been provided when first eligible.
CRS provides retiree health care benefits that are subject to separate eligibility requirements. Retirement healthcare benefits are always subject to change and are not a vested benefit.
- The City of Cincinnati has 6038 employees. Of this total, 4005 are contributing members of the Cincinnati Retirement System.
- Approximately 4,350 pensioners receive monthly pension benefits.
- Approximately 6,300 retirees, spouses and dependent children are enrolled in retiree health care.
- Market Value of Assets equaled $2.06 billion as of 12/31/2012
- The Retirement plan is governed by the Cincinnati Municipal Code, Chapter 203.
Cincinnati Retirement System
Paula Tilsley is the Executive Director of the Cincinnati Retirement System.
Current Board Of Trustees 2014
- Chris Meyer, Chair
- Mike Fehn, Vice-Chair
- Christopher Baucom
- Don Beets
- Mark Berliant
- Sally Cuni
- Bev Nussman
- Mike Rachford
- Roger Sims
- Susan Robinson
- Tom West
Contact The Retirement Office
801 Plum St., Suite 240
Cincinnati OH 45202