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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 145.95 | Right to payment or benefit vested.

Ohio Revised Code
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Title 1 State Government
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Chapter 145 Public Employees Retirement System
 
You are viewing a past version of this section that is no longer in effect View Current Version
Effective:
January 7, 2013
Legislation:
Senate Bill 343 - 129th General Assembly
PDF:
Download Authenticated PDF
 

(A) Subject to division (B) of this section and sections 145.38, 145.56, 145.57, 145.572, 145.573, and 145.574 of the Revised Code, the right of a member participating in a PERS defined contribution plan to any payment or benefit accruing from contributions made by or on behalf of the member under sections 145.85 and 145.86 of the Revised Code shall vest in accordance with this section.

A member's right to any payment or benefit that is based on the member's contributions is nonforfeitable.

A member's right to any payment or benefit that is based on contributions by the member's employer is nonforfeitable as specified by the plan selected by the member.

(B) This section does not apply to an increase made under section 145.323 of the Revised Code on or after the effective date of this amendment.

Available Versions of this Section