OPERS releases 2025 financial reports and portfolio returns

OPERS announced the release of its 2025 annual financial reports on July 9, 2026. Its total portfolio returned 14.95% for the year, compared with 9.08% in 2024. The defined benefit portfolio returned 14.74%, the health care portfolio 16.40%, and the defined contribution portfolio 15.57%. The December 31, 2025 pension actuarial valuation showed an 82% funded ratio and a 17-year amortization period. The announcement separately reported 27 years of health care solvency based on the December 31, 2024 valuation, which does not include 2025 investment performance. Year-end membership comprised 223,623 retirees, 315,810 active members and 809,051 inactive members. The report covers pension, health care and deferred-compensation activities.