(A) "Covered employment" and "teaching service" shall mean employment as a teacher in Ohio as specified by section 3307.01 of the Revised Code and for which contributions are made pursuant to sections 3307.26 and 3307.28 of the Revised Code.
(B) "Combined plan" shall mean the plan of that title established by the retirement board pursuant to section 3307.81 of the Revised Code that includes both accumulations in an account in the defined contribution fund created by section 3307.14 of the Revised Code and determinable retirement, disability, and survivor benefits, the terms and conditions of which shall be as specified in the plan document. The combined plan shall also permit participation in the health care program created by the retirement board pursuant to section 3307.39 of the Revised Code, upon the terms and conditions specified in the plan document.
(G) "Defined contribution program participant" shall mean a member who made a timely election under section 3307.25 or 3307.251 of the Revised Code to participate in a plan established pursuant to section 3307.81 of the Revised Code
(I) "Ohio service" shall mean employment in an Ohio public position covered under Chapter 145., 742., 3307., 3309. or 5505. of the Revised Code.
(J) "Participant" shall mean a member of the state teachers retirement system who has elected pursuant to section 3307.25 or 3307.251 of the Revised Code to participate in a plan established pursuant to section 3307.81 of the Revised Code or who elected to continue participating in a plan established under section 3307.81 of the Revised Code prior to January 7, 2013.
(K) "Participant in the defined benefit plan" shall mean a member who is participating in the defined benefit plan.
(L) "Permanent election" shall mean an election made under section 3307.251 or former section 3307.88 of the Revised Code or an election to continue participating in a plan established under section 3307.81 of the Revised Code prior to January 7, 2013.
(N) "Plan document" or "document" shall be the document or documents adopted by retirement board to establish the defined contribution program or any of its constituent plans.
(O) "Retirement board" or "board" shall mean the state teachers retirement board.
(P) "Service credit" shall mean credit posted by the retirement system .
(S) "Year" shall be the year beginning July first and ending the next following June thirtieth.
(T) "Years of qualifying service credit" shall have the same meaning as the term is defined by the plan document.
R.C. 119.032 review dates: 03/24/2014 and 06/01/2019
Promulgated Under: 111.15
Statutory Authority: 3307.80
Rule Amplifies: 3307.25 , 3307.251 , 3307.81
Prior Effective Dates: 7/1/07 (Emer.), 9/17/01, 7/16/04, 6/18/09, 7/1/13