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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 3307.712 | Proceedings on request for restoration of service credit.

Ohio Revised Code
/
Title 33 Education-Libraries
/
Chapter 3307 State Teachers Retirement System
 
Effective:
January 7, 2013
Latest Legislation:
Senate Bill 342 - 129th General Assembly
PDF:
Download Authenticated PDF
 

After receiving a request from the public employees retirement system under division (A) of section 145.311 or the school employees retirement system under division (A) of section 3309.261 of the Revised Code, the state teachers retirement system shall do both of the following:

(A) Calculate and certify to the requesting retirement system the cost to a former member to restore service credit under section 3307.71 of the Revised Code for each year or portion of a year for which the former member seeks to restore service credit under that section.

(B) Inform the requesting retirement system of the rate of interest charged to a member under a payroll deduction plan authorized under section 3307.701 of the Revised Code.

Available Versions of this Section