Ohio Revised Code Search
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Section 145.053 | Candidate campaign finance statements - donor statement of independent expenditures.
...(A) As used in this section: (1) "Campaign committee" means a candidate or a combination of two or more persons authorized by a candidate to receive contributions and in-kind contributions and make expenditures on behalf of the candidate. (2) "Candidate" means an individual who has been nominated pursuant to division (C) or (D) of section 145.05 of the Revised Code for election to the public employees retirement bo... |
Section 145.054 | Filing of statements - prohibited campaign activities.
...candidate attended any school, college, community technical school, or institution; (3) Make a false statement concerning the professional, occupational, or vocational licenses held by a candidate, or concerning any position the candidate held for which the candidate received a salary or wages; (4) Make a false statement that a candidate or board member has been indicted or convicted of a theft offense, extortion, ... |
Section 145.055 | Complaint alleging violation of RC 145.054 - procedure - fine.
...The secretary of state, or any person acting on personal knowledge and subject to the penalties of perjury, may file a complaint with the Ohio elections commission alleging a violation of section 145.054 of the Revised Code. The complaint shall be made on a form prescribed and provided by the commission. On receipt of a complaint under this section, the commission shall hold a hearing open to the public to determine... |
Section 145.057 | Disqualification of convicted member - misconduct in office - removal procedure.
...by a number of former members of the system authorized to vote for a retirant member in an election under section 145.05 of the Revised Code that equals at least the following and must include signatures of at least twenty former members residing in at least five different counties: (a) If the retirant member was most recently elected in accordance with section 145.05 of the Revised Code, ten per cent of the n... |
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.
...r of the public employees retirement system who is eligible for election under section 145.04 of the Revised Code as a retirant member of the board. On certification of the election results in accordance with rules adopted under section 145.058 of the Revised Code, the successor retirant member shall hold office until the first day of the new term that follows the next board election that occurs not less than ... |
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.
...(A) Notwithstanding division (C) of 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 th... |
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.
...ss 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 employees of the state and are not subject to Chapter 124. of the Revised Code. If the board provides health care coverage to employees of the retirement system, it may permit employees of the Ohio public employees deferred compensation board to participa... |
Section 145.091 | Administering defined benefit and defined contribution plans.
...The public employees retirement system shall administer the PERS defined benefit plan and the PERS defined contribution plans. |
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.
...on 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 chief investment officer shall reasonably supervise the licensed s... |
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.
...The attorney general shall be the legal adviser of the public employees retirement board. |
Section 145.101 | Venue for court actions.
...inst 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.
...ering the public employees retirement 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 is... |
Section 145.111 | No board member or employee shall have an interest in board funds.
...Except as provided in this 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... |
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.
...cause the public employees retirement system to engage in a transaction, if he knows or should know that such transaction constitutes a direct or indirect: (1) Sale or exchange, or leasing, of any property between the system and a party in interest; (2) Lending of money or other extension of credit between the system and a party in interest; (3) Furnishing of goods, services, or facilities between the system and a... |
Section 145.114 | Designation of Ohio-qualified agents - selection policy - utilization - annual report.
...nsactions 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 t... |
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 ... |
Section 145.116 | Designation of Ohio-qualified investment managers - utilization - annual report.
...(A) The public employees retirement board shall, for the purposes of this section, designate an investment manager as an Ohio-qualified investment manager if the investment manager meets all of the following requirements: (1) The investment manager is subject to taxation under Chapter 5725., 5726., 5733., 5747., or 5751. of the Revised Code; (2) The investment manager meets one of the following requirements: (a) H... |
Section 145.12 | Certifying rate necessary to pay employer contributions.
...The public employees retirement board shall prepare and submit to the board of county commissioners and county auditor of each county, to the executive head of each municipal corporation, park district, conservancy district, health district, and metropolitan housing authority, to the board of township trustees of each township, and to the board of trustees of each public library, and to each employer, except the stat... |