Chapter 5505-5 Service Credit

5505-5-01 Credit for service in any calendar year.

(A) A member shall be credited with one year’s retirement credit for each three hundred sixty-five days as an employee of the state highway patrol as defined in division (A) of section 5505.01 of the Revised Code except as provided in section 5505.16 and division (C) of section 5505.17 of the Revised Code.

(B) Days during which no contributions were withheld by the employer shall not be included in determining retirement credit under paragraph (A) of this rule, except as provided in sections 5505.01 (C)(6) and 5505.18 (C) of the Revised Code.

Effective: 10/21/2005

R.C. 119.032 review dates: 08/05/2005 and 10/01/2010

Promulgated Under: 111.15

Statutory Authority: 5505.07

Rule Amplifies: 5505.07, 5505.16, 5505.17(C)

Prior Effective Dates: 11/2/1989, 1/1/1986, 2/15/1981

5505-5-02 Prior service credit.

(A) A member of the highway patrol retirement system may purchase retirement credit for prior full-time service as a member of a state or municipal retirement system as defined in sections 5505.20, 5505.201, and 5505.40 of the Revised Code.

(B) “Full-time service” is defined as a period of employment during which the employee regularly worked substantially the same number of hours as would a member of the highway patrol retirement system.

(C) Credit may not be purchased for periods of employment during which the employee was not considered to be full-time, nor can these periods be combined for full-time credit.

(D) Credit may not be purchased for periods of employment during which credit was purchased from any other state or municipal retirement system.

(E) Upon application to purchase prior service credit, the appropriate retirement system shall certify the service dates and refunded contributions of the member on the application.

(F) The member shall provide documented proof of full-time employment as may be necessary.

(G) In the absence of clear documentation to the contrary, if the record of contributions indicates that the member was not receiving pay equivalent to or greater than the minimum wage in effect at the time on a forty-hour per week basis, it shall be presumed that the employment was not full-time.

(H) Purchase of credit by a member pursuant to sections 5505.16, 5505.20, 5505.201, 5505-40, 5505.25 and division (C) of section 5505.17 of the Revised Code shall be in increments of not less than three hundred sixty-five days except where:

(1) The total service available for purchase under sections 5505.16, 5505.20, 5505.201, 5505.40, 5505.25, and division (C) of section 5505.17 of the Revised Code is less than three hundred sixty-five days, or

(2) Less than three hundred sixty-five days is necessary to purchase some benefit, or

(3) Less than three hundred sixty-five days is necessary to accumulate the maximum number of years that may be used in benefit calculation.

(I) When prior service credit purchased under sections 5505.16, 5505.20, 5505.201, 5505.40, 5505.25, and division (C) of section 5505.17 of the Revised Code is purchased in increments, the cost for purchasing a portion of this service credit shall be calculated as a proportionate part of the total cost.

(J) Pursuant to section 5505.29 of the Revised Code, service credit shall be refunded to the member upon retirement, or to the member’s estate upon death, if the credit will not increase the benefit payable to the member or survivor under sections 5505.16, 5505.17, or 5505.18 of the Revised Code.

(K) Service credit purchased under division (F) of section 5505.40 of the Revised Code shall be immediately transferred to the public employees’ retirement system in the manner and form prescribed.

(L) Nothing in this rule shall be construed to permit a member’s purchase of credit for purposes of meeting the minimum number of years of service necessary to receive a pension.

Effective: 10/21/2005

R.C. 119.032 review dates: 08/05/2005 and 10/01/2010

Promulgated Under: 111.15

Statutory Authority: 5505.07, 5505.40

Rule Amplifies: 5505.17(C), 5505.16, 5505.20, 5505.201, 5505.202, 5505.25

Prior Effective Dates: 12/1/1995, 1/1/1995, 11/1/1993, 11/1/1990, 12/1/1987, 1/1/1986, 2/15/1981

5505-5-03 Purchase of military service credit.

(A) If a member elects not to purchase interrupted military service in accordance with division (C) of section 5505.16 of the Revised Code, the member may purchase military service credit in accordance with section 5505.25 of the Revised Code.

(B) The cost to purchase military service credit shall be calculated pursuant to division (D) of section 5505.25 of the Revised Code.

(C) Military service credit purchased for the period of time during which a member’s active patrol service was interrupted shall be considered to be a part of the years of service necessary for a pension under section 5505.16 of the Revised Code.

(D) The member shall purchase only the period of time from the entry date to the date of discharge as designated by the member’s DD-214, or the period beginning with the date thea leave of absence began and ending with the date the member returned to active service with the state highway patrol, whichever is less.

(E) Members may purchase military service credit under section 5505.25 and division (C) of section 5505.16 of the Revised Code in increments. The cost for purchasing a portion of military service credit shall be calculated as a proportionate part of the total cost.

(F) In no case shall a member receive more than three hundred sixty-five days of service credit for any one year.

(G) A member shall acknowledge by signing a form prepared by the system of ineligibility to purchase military service credit under section 5505.25 and division (C) of section 5505.16 of the Revised Code for any year of military service used in the calculation of any retirement benefit currently being paid to the member or payable in the future under any other retirement program, except for social security or retired pay for nonregular service under Chapter 67 of Title 10 of the United States Code.

Effective: 10/21/2005

R.C. 119.032 review dates: 08/05/2005 and 10/01/2010

Promulgated Under: 111.15

Statutory Authority: 5505.07

Rule Amplifies: 5505.16, 5505.25

Prior Effective Dates: 11/1/1990, 1/1/1986, 2/15/1981

5505-5-04 Interest rate.

The annual compound interest rate to be used in computing service credit as defined in sections 5505.20, 5505.201, 5505.40, and 5505.25 of the Revised Code shall be the actuarial interest assumption rate adopted by the board.

Effective: 10/21/2005

R.C. 119.032 review dates: 08/05/2005 and 10/01/2010

Promulgated Under: 111.15

Statutory Authority: 5505.07

Rule Amplifies: 5505.16, 5505.20, 5505.201, 5505.40, 5505.25

Prior Effective Dates: 12/1/1987

5505-5-05 Bureau of worker's compensation retirement credit.

(A) Members are eligible for additional retirement credit pursuant to section 5505.01 (C)(6) of the Revised Code upon submission of a completed and certified application as prescribed by the board.

(1) The application shall be certified by an authorized employee of the state highway patrol.

(2) The application shall be submitted within one year after returning to contributing service, or upon retirement, whichever occurs first.

(B) The board will reconcile the time to be credited to a member’s retirement account, and send notice to the member. Reconciliation by the board shall be final.

(C) Total credit allowable for any single claim for on-duty related injury or illness shall not exceed three years.

(D) No retirement credit shall be granted for periods that were used in the calculation of benefits under any other state retirement plan.

(E) In no event shall a member receive more than three hundred sixty-five days of service credit for any one calendar year.

Effective: 10/21/2005

R.C. 119.032 review dates: 08/05/2005 and 10/01/2010

Promulgated Under: 111.15

Statutory Authority: 5505.07

Rule Amplifies: 5505.01

Prior Effective Dates: 11/2/1989