Alternative Retirement Plan Information

Pursuant to Ohio Revised Code section 3305.03, the Chancellor of the Ohio Department of Higher Education is responsible for designating entities that are eligible to provide investment options under alternative retirement plans maintained by Ohio public institutions of higher education. In order to fulfill the duties and responsibilities outlined in Chapter 3305. of the Revised Code, the department contracted with a consultant, Aon Hewitt, to develop the vendor application, the review process, and to evaluate submissions of entities seeking designation, or continued designation, to offer investment options under alternative retirement plans at Ohio public colleges and universities.