(A) To be eligible for purchase of service credit under sections 3307.70 and 3307.76 of the Revised Code, service credit must:
(1) Be properly certified by the official employer or custodian of records on a form provided by the retirement board. This certification shall be based upon a legitimate source of documentation such as payroll or retirement records of the state, municipality, public institution, or public school. When records have been destroyed, an affidavit from the member may be used, but only in conjunction with other documented evidence establishing proof and amount of employment. The determination of acceptable documentation shall reside solely with the retirement system and its decision shall be final; and,
(2) Be non-teaching service with an Ohio public school, college or university or be service with the state of Ohio or its agencies, instrumentalities or subdivisions.
(B) Through December 31, 2013 and extending through June 30, 2014 only if the member's application to purchase service credit is received by the retirement system as completed not later than December 31, 2013, the cost for purchase of a year or partial year of service credit shall be based on section 3307.76 of the Revised Code as that section existed immediately before January 7, 2013 and shall be an amount equal to fifty per cent of the liability resulting from such purchase, as determined by an actuary employed by the state teachers retirement board.
(C) Effective January 1, 2014, except as provided for in paragraph (B) of this rule, the cost pursuant to section 3307.70 of the Revised Code for the purchase of a year or partial year of service credit under section 3307.76 of the Revised Code shall be an amount equal to one hundred per cent of the liability resulting from such purchase, as determined by an actuary employed by the state teachers retirement board.
(D) A member is ineligible to purchase credit under section 3307.76 of the Revised Code if credit for the service may be obtained from the public employees retirement system or the school employees retirement system or if the credit is for service that is used in the calculation of any retirement benefit currently being paid or payable in the future or is for service that was already used in the calculation or payment of a retirement benefit.
(E) Credit will not be granted for service that would result in more than one year of total service credit as defined by section 3307.50 of the Revised Code during any year as defined by section 3307.01 of the Revised Code.
Effective:
03/24/2013
R.C.
119.032 review dates:
06/11/2015
Promulgated
Under: 111.15
Statutory
Authority:
3307.04
Rule
Amplifies:
3307.70,
3307.76
Prior
Effective Dates: 12/23/76, 12/26/81, 9/15/89 (Emer.), 11/30/89, 10/29/98
(Emer.), 1/17/99, 7/1/01 (Emer.), 9/17/01, 8/1/05, 6/11/10, 1/7/13
(Emer)