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This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Chapter 3307-1 | General Provisions

 
 
 
Rule
Rule 3307-1-01 | Rules.
 

(A) Except as otherwise provided in Chapter 3307. of the Revised Code, the retirement board shall adopt rules pursuant to section 111.15 of the Revised Code.

(B) Any person or organization may obtain notice of any proposed amendment, rescission, or adoption of a rule by making a written request to be placed on the mailing list to receive the retirement board's meeting agenda. Notice need not be provided to more than one representative of an organization.

(C) The retirement system shall take all actions requested or required by the legislative service commission to facilitate publication of rules in the Administrative Code. Notice and information about any adopted rule or rule change shall also be provided to employers and, where applicable, shall also be reported in communications sent to members, contributors, retirants, and benefit recipients.

Last updated March 7, 2023 at 10:13 AM

Supplemental Information

Authorized By: 3307.04
Amplifies: 3307.04
Five Year Review Date: 2/18/2027
Prior Effective Dates: 7/24/2008
Rule 3307-1-02 | Notice of meetings.
 

(A) This rule is adopted in compliance with, and under the authority of division (F) of section 121.22 of the Revised Code,

(B) Any person may ascertain the time and place of all regularly scheduled meetings of the retirement board and the time, place, and purpose of all special meetings of the retirement board by:

(1) Writing to one of the following addresses:

"State Teachers Retirement System

275 East Broad Street

Columbus, Ohio 43215-3771"

Or "contactus@strsoh.org"

(2) Calling the following telephone number during the normal business hours: (614) 227-4090 or, 888-227-7877, or

(3) Visiting the retirement system's website: www.strsoh.org.

In addition, any person may request, in writing, advance notice of all regular meetings of the retirement board. The retirement system shall maintain a list of all persons who have requested such notice and shall no later than five calendar days prior to each meeting, send to such persons by first class mail or e-mail an agenda of the meeting.

(C) Any representative of the news media may obtain notice of all special meetings by requesting in writing that such notice be provided. Such notice will only be given, however, to one representative of any particular publication or radio or television station. A request for such notification shall be addressed to: "Executive Director, State Teachers Retirement System of Ohio, 275 East Broad Street, Columbus, Ohio 43215-3771."

The request shall provide the name of the individual media representative to be contacted, the mailing address and a maximum of two telephone numbers for contacting the requesting party. The retirement system shall maintain a list of all representatives of the news media who have requested notice of special meetings pursuant to paragraph (C) of this rule.

(D) In the event of a special meeting not of an emergency nature, the retirement system shall notify all media representatives on the list of such meeting by doing at least one of the following:

(1) Sending written notice, which must be mailed no later than four calendar days prior to the day of the special meeting;

(2) Sending notice by e-mail which must be sent no later than twenty-four hours prior to the time of the meeting;

(3) Notifying such representatives by telephone no later than twenty-four hours prior to the special meeting; such telephone notice shall be complete if a message has been left for the representative, or if, after reasonable effort, the retirement system has been unable to provide such telephone notice;

(4) Informing such representative personally no later than twenty-four hours prior to the special meeting.

(E) In the event of a special meeting of any emergency nature, the retirement system shall immediately notify all media representatives on the list of such meeting by providing either the notice described in paragraph (D)(1) or (D)(2) of this rule, or that are described in paragraph (D)(3) or (D)(4) of this rule, or notifying the statehouse press room. In such event, however, the notice need not be given twenty-four hours prior to the meeting, but shall be given as soon as possible.

(F) In giving the notices required by paragraph (C) of this rule the retirement system may rely on assistance provided by any member of the retirement system and such notice is complete if given by such member in the manner provided in paragraph (C) of this rule.

Last updated May 5, 2022 at 8:33 AM

Supplemental Information

Authorized By: 3307.04
Amplifies: 121.22
Five Year Review Date: 5/5/2027
Prior Effective Dates: 12/23/1976, 12/26/1981, 9/17/2001, 7/18/2003, 7/24/2008
Rule 3307-1-03 | Release of names, addresses and account information.
 

Information contained in records kept by the retirement system shall be released to third parties or the public only in accordance with section 3307.20 of the Revised Code and this rule.

(A) Except as otherwise provided by division (E) of section 3307.20 of the Revised Code, the following records may be released to a third party only upon the written authorization of the person to whom the record pertains:

Any part of an individual's personal history record, including but not limited to, any record identifying beneficiary information, account balance, benefit or allowance paid or payable to any person, any record identifying the service history or service credit of a member or benefit recipient, medical reports and recommendations including those related to health care coverage for a disabled adult child as defined in rule 3307:1-11-01 of the Administrative Code, or any record that includes address, e-mail address, telephone number, social security number, appointments, requests, counseling information or correspondence with the retirement system.

(B) The executive director of the retirement system may designate the staff members who shall serve as custodians of the records of the system for purposes of division (F) of section 3307.20 of the Revised Code, and who are authorized to authenticate copies of records being sent to any court or before any officer of this state.

Last updated March 7, 2023 at 10:14 AM

Supplemental Information

Authorized By: 3307.04
Amplifies: 3307.20
Five Year Review Date: 2/18/2027
Prior Effective Dates: 12/23/1976, 5/8/1998
Rule 3307-1-04 | Financial report.
 

Annually the retirement system shall prepare and publish a comprehensive financial report that complies with all applicable statutory requirements and that is in accordance with generally accepted accounting principles.

Last updated March 7, 2023 at 10:14 AM

Supplemental Information

Authorized By: 3307.04
Amplifies: 3307.121
Five Year Review Date: 2/18/2027
Prior Effective Dates: 9/17/2001
Rule 3307-1-05 | Policy on investment department performance based incentive programs.
 

(A) Pursuant to section 3307.04 of the Revised Code, payment of employee bonuses are subject to the guidelines established by the retirement board as reflected in the performance based incentive award program for investment exempt associates. The award program shall be reviewed and approved on an annual basis by the board, and may be interpreted, amended, rescinded, and/or terminated at any time in the board's discretion. The award program shall establish target incentive awards based on the retirement system's total fund performance and the investment associates' individual goals. Any and all material modifications to the award program, including, but not limited to the determination of award program payouts and actual payouts, require the board's prior approval.

(B) Participation in the award program is limited to certain retirement system investment professionals. Participation in the award program in any one year does not confer the right to participate in the program in the current or any other year and does not confer the right to continued employment.

Last updated March 7, 2023 at 10:14 AM

Supplemental Information

Authorized By: 3307.04
Amplifies: 3307.041
Five Year Review Date: 2/18/2027
Prior Effective Dates: 5/5/2005
Rule 3307-1-06 | Ohio-qualified agents and investment managers.
 

(A) For purposes of division (A)(4) of section 3307.152 and section 3307.154 of the Revised Code, an investment manager may be designated as an "Ohio-qualified investment manager" if the investment manager and/or any parents, affiliates, or subsidiaries of the investment manager meets the requirements of divisions (A)(1) and (A)(2) of section 3307.154 of the Revised Code.

(B) For purposes of section 3307.154 of the Revised Code, "principal place of business" includes an office in which the agent or investment manager regularly provides securities or investment advisory services and solicits, meets with, or otherwise communicates with clients.

Last updated March 7, 2023 at 10:14 AM

Supplemental Information

Authorized By: 3307.10
Amplifies: 3307.152, 3307.154
Five Year Review Date: 2/18/2027
Prior Effective Dates: 5/5/2005