(A) This rule amplifies section 21.02 of the member-directed plan document.
(B) A member participating in the member-directed plan may make contributions under section 145.302 of the Revised Code in accordance with rule 145-2-06 of the Administrative Code. Notwithstanding section 145.302 of the Revised Code, a member who makes contributions in accordance with that section shall receive a year or portion of a year of participation, as defined in section 1.38 of the member-directed plan document, rather than service credit.
(C) Contributions received from a member described in paragraph (B) of this rule shall be deposited and credited in accordance with section 3.03 of the member-directed plan document. Contributions received from the member's employer shall be deposited and credited in accordance with section 3.02 of the member-directed plan document.
Prior History: (R.C. 119.032 review dates:
Promulgated Under: 111.15
Statutory Authority: 145.80
Rule Amplifies: 145.302, 145.81
Prior Effective Dates: 1/1/03)