3309-1-37 Surviving spouse or dependent may purchase credit.

(A) For purposes of this rule, "dependent" means a "child" or "parent" as those terms are defined in division (A) of section 3309.44 of the Revised Code.

(B) The spouse or eligible dependent(s) of a member who died prior to receipt of a disability benefit or service retirement may purchase any service credit that the member would have been eligible to purchase had the member not died. Eligibility shall be determined upon receipt of a written request from the spouse or eligible dependent.

(C) The benefit payment shall begin on the first of the month following the date of purchase or restoration of service credit under that section. If the purchase or restoration of service credit is not necessary to be eligible to receive a benefit under division (A) of section 3309.45 of the Revised Code, the retirement system shall issue a retroactive payment for the period the benefit was payable prior to the date of purchase or restoration.

(D) Any purchase or restoration of service credit under section 3309.451 of the Revised Code must be completed before receipt of the first benefit payment by the spouse or eligible dependent.

(E) The service credit to be purchased under this section shall be granted in accordance with the laws and policies of the school employees retirement system in effect at the time of purchase.

Effective: 4/1/2016
Five Year Review (FYR) Dates: 01/05/2016 and 02/01/2020
Promulgated Under: 111.15
Statutory Authority: 3309.04
Rule Amplifies: 3309.451
Prior Effective Dates: 12/24/76, 1/2/93