Vesting is your right to a benefit from the plan. You may apply for benefits up to 27 months following your last date of STRS Ohio-covered employment. You may apply for benefits up to 2 years following your last date of STRS Ohio-covered employment. See Portability for the interest rate on your funds. Receiving it as an annuity.
Interest rates are subject to review and change without notice.
Your contributions are made on a pre-tax basis. Federal and state taxes are deferred until benefits are paid. The investment return your account earns is also tax-deferred. Benefits are excluded from local or municipal taxes within Ohio, except school district income taxes. If your contributions are made on a pre-tax basis, Federal and state taxes are deferred until benefits are paid.