(A) As used in this chapter, "monthly health care allowance" means the monthly amount that is allocated to each individual enrolled in health care coverage. This allowance is based on the self-supporting rate, as determined by the public employees retirement board, and as adjusted by the benefit recipient's years of qualified service credit, and for effective dates of retirement on and after January 1, 2015, attained age at the time of initial enrollment in the plan.
(B) The monthly health care allowance shall only be used to purchase health care coverage.
R.C. 119.032 review dates: 09/26/2013 and 09/29/2018
Promulgated Under: 111.15
Statutory Authority: 145.09 , 145.58
Rule Amplifies: 145.58 , 145.584
Prior Effective Dates: 1/1/07, 1/1/09, 1/7/13 (Emer.), 3/24/13