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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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Section 145.051 | Special election where person elected unable to serve.

...If a person elected to serve on the public employees retirement board is unable to assume office at the January meeting of the board following the person's election, a special election shall be held in accordance with the provisions of section 145.05 of the Revised Code within three months of the January meeting. On certification of the elections results, the newly elected person shall assume office at the meeting of...

Section 145.052 | Board member election unnecessary if only one candidate nominated.

....04 and 145.05 of the Revised Code, the public employees retirement board is not required to hold an election, including a special election under section 145.051 of the Revised Code, for a position on the board as an employee member or retirant member if only one candidate has been nominated for the position by petition in accordance with section 145.05 of the Revised Code. The candidate shall take office as if elect...

Section 145.053 | Candidate campaign finance statements - donor statement of independent expenditures.

...ommittee or agent, with a view toward having an expenditure made; (ii) Made by or through any person who is, or has been, authorized to raise or expend funds, who is, or has been, an officer of the candidate's campaign committee, or who is, or has been, receiving any form of compensation or reimbursement from the candidate or the candidate's campaign committee or agent; (iii) Made by a political party in support of...

Section 145.054 | Filing of statements - prohibited campaign activities.

...offense, extortion, or other crime involving financial corruption or moral turpitude; (5) Make a statement that a candidate has been indicted for any crime or has been the subject of a finding by the Ohio elections commission, the secretary of state, or the Ohio election integrity commission without disclosing the outcome of any legal proceedings resulting from the indictment or finding; (6) Make a false statemen...

Section 145.055 | Complaint alleging violation of RC 145.054 - procedure - fine.

...A complaint alleging a violation of section 145.054 of the Revised Code may be filed in accordance with section 3517.16 of the Revised Code.

Section 145.057 | Disqualification of convicted member - misconduct in office - removal procedure.

...(A) The office of a member of the public employees retirement board who is convicted of or pleads guilty to a felony, a theft offense as defined in section 2913.01 of the Revised Code, or a violation of section 102.02, 102.03, 102.04, 2921.02, 2921.11, 2921.13, 2921.31, 2921.41, 2921.42, 2921.43, or 2921.44 of the Revised Code shall be deemed vacant. A person who has pleaded guilty to or been convicted of an of...

Section 145.058 | Adoption of election rules - certification of nominating petitions and election results.

...(A) The public employees retirement board, following 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 145.05 of the Revised Code, special elections provided for by section 145.051 of the Revised Code, and elections held under section 145.06 of the R...

Section 145.06 | Vacancies.

...valid excuse, shall be considered as having resigned, and the board shall declare the employee member's office vacated as of the date of the adoption of a proper resolution. If as a result of changed circumstances an employee member of the board is no longer employed in the employee group that corresponds with the employee group that elected the member, the employee member's office shall be considered vacant, ...

Section 145.07 | Oath of office - quorum - meetings.

...Each member of the public employees retirement board, upon assuming office, shall take an oath that the member will support the constitution of the United States and 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 provision of this chapter. Such oath shall be subscr...

Section 145.071 | Video conference meetings.

...section 121.22 of the Revised Code, the public employees retirement board may adopt a policy that allows a board member to attend a meeting of the board by means of video conference. The board shall include in the policy, if adopted, both of the following: (1) The number of regular meetings at which each board member shall be present in person, provided that number is not less than three-quarters of the regular mee...

Section 145.08 | Reimbursing expenses of board members - liability insurance.

...(A) The members of the public employees retirement board shall serve without compensation but shall suffer no loss or penalty whatsoever because of absence from their regular employment to attend meetings authorized and called by the board. The board members shall be reimbursed for all actual necessary expenses from the expense fund created under division (E) of section 145.23 of the Revised Code. Any determination ...

Section 145.09 | Election of chairperson and appointment of executive director - powers and duties of board.

...The public employees retirement board shall elect from its membership a chairperson. The board shall appoint an executive director who shall serve as secretary to the board, an actuary, and other employees as necessary for the transaction of the business of the public employees retirement system. The compensation of all persons so appointed shall be fixed by the board. Such persons appointed by the board are not empl...

Section 145.091 | Administering defined benefit and defined contribution plans.

...The public employees retirement system shall administer the PERS defined benefit plan, the PERS defined contribution plans, and the Ohio public employees deferred compensation program established under Chapter 148. of the Revised Code.

Section 145.092 | Travel expense policies - bonus policy - budget.

...(A) The public employees retirement board, in consultation with the Ohio ethics commission, shall review any existing policy regarding the travel and payment of travel expenses of members and employees of the public employees retirement board and adopt rules in accordance with section 145.09 of the Revised Code establishing a new or revised policy regarding travel and payment of travel expenses. Not less than sixty d...

Section 145.093 | Ethics policy - commission approval - ethics training.

...The public employees retirement board shall, in consultation with the Ohio ethics commission, develop an ethics policy to govern board members and employees in the performance of their official duties. The board shall submit this policy to the commission for approval. The commission shall review the policy and, if the commission determines that the policy is adequate, approve the policy. If the commission determines...

Section 145.094 | Chief investment officer - supervision duties - monitoring of securities transactions.

...(A) The public employees retirement board shall designate a person who is a licensed state retirement system investment officer to be the chief investment officer for the public employees retirement system. The board shall notify the division of securities of the department of commerce in writing of its designation and of any change in its designation within ten calendar days of the designation or change. (B) The ch...

Section 145.095 | Selection of internal auditor.

...The public employees retirement board shall appoint a committee to oversee the selection of an internal auditor. The committee shall select one or more persons for employment as an internal auditor. The board shall employ the person or persons selected by the committee. The committee shall consist of the following board members: one retirant member, one employee member, and the director of administrative services. T...

Section 145.10 | Legal adviser.

...neral shall be the legal adviser of the public employees retirement board.

Section 145.101 | Venue for court actions.

...Any action brought against the public employees retirement system or the public employees retirement board or its officers, employees, or board members in their official capacities shall be brought in the appropriate court in Franklin county, Ohio.

Section 145.11 | Investment powers and fiduciary duties of board.

... controlled by women, and ventures involving minority owned and controlled firms and firms owned and controlled by women that otherwise meet the policies and criteria established by the board. Amendments and additions to the policies and criteria shall be adopted in regular meeting. The board shall publish its policies, objectives, and criteria under this provision no less often than annually and shall make copies av...

Section 145.111 | No board member or employee shall have an interest in board funds.

...s chapter, no member or employee of the public employees retirement board shall have any interest direct or indirect in the gains or profits of any investment made by the board nor as such directly or indirectly receive any pay or emolument of the member's or employee's services. No member or person connected with the board directly or indirectly, for self or as an agent or partner of others, shall borrow any of its...

Section 145.112 | Prohibited business transactions.

...The public employees retirement system shall make no investments through or 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, a board member of, or an officer of the public employees retirement system, or in which a person who within the preceding three ...

Section 145.113 | Restrictions on fiduciaries.

...r capacity, act in any transaction involving the system on behalf of a party (or represent a party) whose interests are adverse to the interests of the system or the interests of its participants or beneficiaries; or (3) Receive any consideration for his own personal account from any party dealing with such system in connection with a transaction involving the assets of the system. (D) In addition to any liability ...

Section 145.114 | Designation of Ohio-qualified agents - selection policy - utilization - annual report.

...eans an agent designated as such by the public employees retirement board. (4) "Ohio-qualified investment manager" means an investment manager designated as such by the public employees retirement board. (5) "Principal place of business" means an office in which the agent regularly provides securities or investment advisory services and solicits, meets with, or otherwise communicates with clients. (B) The publi...

Section 145.115 | Annual disclosures to Ohio Ethics Commission.

...(A) The public employees retirement system shall disclose the following to the Ohio ethics commission: (1) Anything of value received by the system from an agent and anything of value given on behalf of the system 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 ...