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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.

Ohio Revised Code Search

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Ohio public employee retirement system
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Section 3307.061 | Disqualification of convicted member - misconduct in office - removal procedure.

... the complaint. The court shall hold a public hearing not later than thirty days after the filing of the complaint. The court may subpoena witnesses and compel their attendance in the same manner as in civil cases. Process shall be served by the sheriff of the county in which the witness resides. Witness fees and other fees in connection with the proceedings shall be the same as in civil cases. The court may s...

Section 3307.07 | Procedure for electing board members.

...who is a superannuate and a resident of Ohio is eligible for election as a retired teacher member of the board, if such retired teacher has been nominated by a petition that is signed by five hundred or more retired teachers, who are also superannuates, and certified in accordance with rules adopted under section 3307.075 of the Revised Code. The petition shall contain the signatures of twenty or more retired teache...

Section 3307.071 | No election if only one candidate nominated.

...of the Revised Code, the state teachers retirement board is not required to hold an election for a position on the board as a contributing member or retired teacher member if only one candidate has been nominated for the position by petition in accordance with section 3307.07 of the Revised Code. The candidate shall take office as if elected. The term of office shall be four years beginning on the first day of Septe...

Section 3307.072 | Candidate campaign finance statements - donor statement of independent expenditures.

..., or the candidate's agent prior to the publication, distribution, display, or broadcast of the communication. An expenditure is presumed to be so made when it is any of the following: (i) Based on information about the candidate's plans, projects, or needs provided to the person making the expenditure by the candidate, or by the candidate's campaign committee or agent, with a view toward having an expenditure made;...

Section 3307.073 | Filing of statements - prohibited campaign activities.

...as been the subject of a finding by the Ohio elections commission without disclosing the outcome of any legal proceedings resulting from the indictment or finding; (6) Make a false statement that a candidate or board member has a record of treatment or confinement for mental disorder; (7) Make a false statement that a candidate or board member has been subjected to military discipline for criminal misconduct or dis...

Section 3307.074 | Complaint alleging violation of RC 3307.073 - procedure - fine.

...ission shall hold a hearing open to the public to determine whether the violation alleged in the complaint has occurred. The commission may administer oaths and issue subpoenas to any person in the state compelling the attendance of witnesses and the production of relevant papers, books, accounts, and reports. On the refusal of any person to obey a subpoena or to be sworn or to answer as a witness, the commission may...

Section 3307.075 | Adoption of election rules - certification of nominating petitions and election results.

...(A) The state teachers retirement board, after consultation with the secretary of state, shall adopt rules in accordance with Chapter 119. of the Revised Code, governing all of the following: (1) The administration of elections of members of the board under section 3307.07 of the Revised Code and elections held under section 3307.06 of the Revised Code to fill vacancies on the board; (2) Nominating petitions for th...

Section 3307.08 | Oath of office.

...Each member of the state teachers retirement board upon appointment or election shall take an oath of office that the member will support the constitution of the United States, the constitution of the state, and that the member will diligently and honestly administer the affairs of the board, and that the member will not knowingly violate or willfully permit to be violated any law applicable to this chapter. Such oa...

Section 3307.09 | Quorum.

...tings of the board shall be open to the public except executive sessions as set forth in division (G) of section 121.22 of the Revised Code, and any portions of any sessions discussing medical records or the degree of disability of a member excluded from public inspection by section 3307.20 of the Revised Code.

Section 3307.091 | Digital board meeting attendance.

...erence, the board shall ensure that the public can hear and, if the means of attendance technologically permits it, to observe, the discussions and deliberations of all the members of the board, whether the member is participating in person or electronically. (D) Except as provided in this section, no person shall do any of the following: (1) Limit the number of board members who may attend a meeting by means o...

Section 3307.10 | Expenses - liability insurance.

...designed to indemnify board members and employees for their actions or conduct in the performance of official duties, and may pay required premiums for such coverage from the expense fund. (C) If the officers of the board determine that a meeting of the entire membership, or any part thereof, is necessary, such determination shall be final, and contributing members shall be given time off from their employment to at...

Section 3307.11 | Officers - executive director.

...t of commerce. The compensation of all employees and all other expenses of the board necessary for the proper operation of the system shall be paid in such amounts as the board approves. Every expense voucher of an employee, officer, or board member of the state teachers retirement system shall itemize all purchases and expenditures. The board shall receive all applications for retirement under the plans described...

Section 3307.12 | Treasurer of state is custodian of funds.

... funds of the state teachers retirement system, and all disbursements therefrom shall be paid by him only upon instruments duly authorized by the state teachers retirement board and bearing the signatures of the chairman and secretary of the board. Such signatures may be affixed through the use of a mechanical check signing device. The treasurer of state shall give a separate and additional bond in such amount as is...

Section 3307.121 | Annual statement of amount of funds furnished by treasurer.

...onging to the state teachers retirement system.

Section 3307.13 | Legal adviser.

...the legal adviser of the state teachers retirement board.

Section 3307.131 | Actions; Venue.

... appropriate court in Frankl in county, Ohio.

Section 3307.14 | Creation of funds - trustees.

...ontributions of a superannuate or other system retirant as defined in section 3307.35 of the Revised Code shall be transferred to the survivors' benefit fund for payment of a lump-sum benefit to a beneficiary as provided in that section. As used in this division, "accumulated contributions" has the same meaning as in section 3307.50 of the Revised Code. (B) The "employers' trust fund" is the fund to which the employ...

Section 3307.141 | Each fund is separate legal entity.

...Wherever in this chapter, reference is made to the teachers' savings fund, the employers' trust fund, the annuity and pension reserve fund, the guarantee fund, the survivors' benefit fund, the expense fund, or the defined contribution fund, such reference shall be construed to have been made to each as a separate legal entity. This section does not prevent the deposit or investment of all such moneys intermingled for...

Section 3307.142 | Interest compounded annually credited to accounts of members and funds.

...uary and approved by the state teachers retirement board, but not less than three and twenty-five hundredths per cent effective September 1, 1965, except as follows: (1) For the years stated the rates shall be as follows: Years Rates 9-1-1920/8-31-1955 4.00% 9-1-1955/8-31-1963 3.00 9-1-1963/8-31-1965 2.25 (2) Subsequent to August 31, 1959, interest shall be credited to accounts only...

Section 3307.143 | Discontinuation of health care coverage; transfer of surplus.

...If the state teachers retirement board discontinues health care coverage authorized under section 3307.39 of the Revised Code, on satisfaction of all liabilities for health care coverage at the time of the discontinuance of coverage, the board shall transfer any surplus in the health care fund established under division (H) of section 3307.14 of the Revised Code in a fair and appropriate manner to the employers...

Section 3307.15 | Investment and fiduciary duties of board.

...easonable expenses of administering the system; with care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with these matters would use in the conduct of an enterprise of a like character and with like aims; and by diversifying the investments of the system so as to minimize the risk of large losses, unless under the circumstances it ...

Section 3307.151 | Prohibited business transactions.

...The state teachers retirement system shall make no investments through, purchases from, or otherwise do any business with any individual who is, or any partnership, association, or corporation that is owned or controlled by, a person, who within the preceding three years was employed by, an officer, or a board member of the system or in which a person, who within the preceding three years was employed by, a board mem...

Section 3307.152 | Designation of Ohio-qualified agents - selection policy - increased utilization - annual report.

...ransactions on behalf of the retirement system. The policy shall address each of the following: (1) Commissions charged by the agent, both in the aggregate and on a per share basis; (2) The execution speed and trade settlement capabilities of the agent; (3) The responsiveness, reliability, and integrity of the agent; (4) The nature and value of research provided by the agent; (5) Any special capabilities of...

Section 3307.153 | Annual disclosures to Ohio Ethics Commission.

...ystem by an agent; (2) The name of any employee of the system with authority over the investment of retirement system funds or any board member of the system who deals with an agent regarding amounts described in division (A)(1) of this section. (B) The disclosures required by this section shall be made annually in a report submitted by a date prescribed by the Ohio ethics commission.

Section 3307.154 | Designation of Ohio-qualified investment managers - utilization - annual report.

...b) A process whereby the board can give public notice to Ohio-qualified investment managers of the board's search for an investment manager that includes the board's search criteria. (2) The board shall determine whether an investment manager is an Ohio-qualified investment manager and whether the investment manager offers quality, services, and safety comparable to other investment managers otherwise available to t...