Ohio Revised Code Search

...ystem transfers a participant's service credit or contributions made by or on behalf of a participant to a public retirement program that is not named in the order, the system shall do both of the following: (1) Notify the court that issued the order by sending the court a copy of the order and the name and address of the public retirement program to which the transfer was made. (2) Send a copy of the order to the ...

... this division may not restore the canceled service credit under this chapter or under Chapter 145., 742., 3305., 3307., or 3309. of the Revised Code. (B) Notwithstanding any other provision of this chapter, if the system receives notice pursuant to section 2901.43 of the Revised Code that a person who has accumulated contributions standing to the person's credit pursuant to this chapter is charged with any o...

...evised Code. The state highway patrol retirement board shall comply with the order. On receipt of notice under section 2901.43 of the Revised Code that a state highway patrol retirement system member is charged with an offense listed in division (D) of section 2929.192 of the Revised Code under the circumstances specified in that division, the system shall determine whether the member has been granted a disa...

... amounts due the state highway patrol retirement system from the state treasury pursuant to this chapter shall be promptly paid upon warrant of the director of budget and management pursuant to a voucher approved by the director.

...ay also include coverage for any eligible individual's spouse and dependent children and for any of the individual's sponsored dependents as the board considers appropriate. If all or any portion of the policy or contract premium is to be paid by any individual receiving a service, disability, or survivor pension or benefit, the individual shall, by written authorization, instruct the board to deduct from the...

...501(c)(9) of the Internal Revenue Code, 26 U.S.C. 501(c)(9), as amended; an account described in section 401(h) of the Internal Revenue Code, 26 U.S.C. 401(h), as amended; a medical savings account; or a similar type of program under which an individual may accumulate funds for the purpose of paying such expenses. To implement the program, the board may enter into agreements with insurance companies or other entities...

...t's estate. The refund cancels an equivalent amount of service credit.

...s of this chapter and shall be funded solely from contributions made under division (B) of section 5505.15 of the Revised Code and any earnings attributable to those contributions.

...a contract for long-term care insurance leaves employment, the person and the person's dependents and family members may, at their election, continue to participate in a program established under this section in the same manner as if the person had not left employment, except that no part of the cost of the insurance shall be paid by the person's former employer. Such program may be established independently or joint...

... system to which the person is not entitled, the benefit or payment shall be repaid to the retirement system by the person. If the person fails to make the repayment, the retirement system shall withhold the amount due from any benefit or payment due the person or the person's beneficiary or may collect the amount in any other manner provided by law.

...he deductions. The system shall adopt rules establishing the method of collecting the amount charged, if any.

...etirement board. (2) "Military service credit" means credit for service in the armed forces of the United States purchased or obtained under this chapter or Chapter 145., 3307., or 3309. of the Revised Code. (3) "Non-uniform retirement system" or "non-uniform system" means the public employees retirement system, school employees retirement system, or state teachers retirement system. (B)(1)(a) For purposes of com...

... division (B)(2) of this section may be less than the person earned for a specific period of service under the transferring system. (D)(1) The state highway patrol retirement system, through its board of trustees, and the Cincinnati retirement system, acting pursuant to the authority granted it by the Cincinnati city council, may do either of the following: (a) By mutual consent, modify the agreement described in t...

...retirement system is eligible to obtain credit for service as a member of the Cincinnati retirement system under this section. (B) A member of the state highway patrol retirement system who has contributions on deposit with the Cincinnati retirement system shall, in computing years of service credit, be given credit for service credit earned for full-time service as a member of the Cincinnati retirement system or pu...

...rol retirement system elects to receive credit under the Cincinnati retirement system for service for which the person contributed to the state highway patrol retirement system or purchased or obtained as military service credit, the state highway patrol retirement system shall transfer the amounts specified in division (B) or (C) of this section to the Cincinnati retirement system. (B) If a person has not received ...

...der this section. (C) A member with at least eighteen months of contributing service credit with the state highway patrol retirement system who has received a refund of contributions to a non-uniform retirement system shall, in computing years of service, be given full credit for transferred service credit if, for each year of service, the state highway patrol retirement system receives the sum of the following: (1...

... (26 U.S.C. 401(a)) as amended, applicable to governmental plans. The board shall adopt rules to implement this section and sections 5505.51 to 5505.59 of the Revised Code. The rules shall specify the date of initial implementation of the plan established under this section. The rules may also specify a period during which an election made under section 5505.51 of the Revised Code may be rescinded.

...r section 5505.16 of the Revised Code, elect to participate in the deferred retirement option plan established under section 5505.50 of the Revised Code: (A) The member is younger than fifty-eight years of age. (B) The member is eligible to apply for retirement under section 5505.16 of the Revised Code, except that eligibility to apply for a reduced pension under division (B) of that section does not make a member ...

...nd report, to the state highway patrol retirement system in accordance with section 5505.15 of the Revised Code. On and after the effective date of the member's election to participate in the deferred retirement option plan, the member is ineligible to purchase service credit under this chapter. Neither the member nor the member's spouse and dependents are eligible for any benefit under section 5505.28 of the Revis...

...em shall use the member's total service credit and final average salary as of the last day of the employer's payroll period immediately prior to the effective date of the member's election to participate in the plan. The pension amount shall be calculated using the election made by the member under section 5505.162 of the Revised Code.

...eferred retirement option plan shall be credited as follows: (a) Ten per cent of the member's annual salary shall accrue to the member's benefit. (b) Any amount of the member's annual salary that is in excess of ten per cent shall be credited to the employer's accumulation fund. (2) The state highway patrol retirement system shall credit to the employer's accumulation fund the amounts contributed by the state...

... on the effective date of the member's election to participate in the plan; (C) The member's sixtieth birthday; (D) Acceptance by the member of a disability benefit awarded by the state highway patrol retirement board under section 5505.18 of the Revised Code; (E) The member's death.

..., the member shall forfeit the interest credited under division (C) of section 5505.54 of the Revised Code. (2) With regard to a member who, on the effective date of the election to participate in the plan, was age fifty-two or older, if the date of termination of the member's active service occurs on or after the first day of the third year after the effective date of the election, the entire amount that has accru...

...f the "Internal Revenue Code of 1986," (26 U.S.C. 401(a)) as amended, applicable to governmental plans. (B) The retirement system shall distribute the amount accrued to a member's benefit under the deferred retirement option plan as follows: (1) For a member who was younger than fifty-two years of age on the date of the election to participate in the plan, distribution shall not commence until the first day of the ...

...an. The member shall be granted service credit for the period the member was participating in the plan. (B) A member participating in the deferred retirement option plan who qualifies for disability retirement under division (B)(2) of section 5505.18 of the Revised Code shall receive the applicable pension provided for in section 5505.53 of the Revised Code, plus any amounts that have accrued under section 5505.54 o...