Ohio Revised Code Search

...bers participating in the STRS defined benefit plan and to the various funds listed in divisions (A) to (F) of section 3307.14 of the Revised Code, and shall be assumed in determining actuarial factors, at rates recommended by the actuary 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 ...

...lities 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 that have contributed to the fund.

..., risk factors, asset class benchmarks, time horizons, total return objectives, and performance evaluation guidelines. In adopting policies and criteria for the selection of agents with whom the board may contract for the administration of the funds, the board shall comply with sections 3307.152 and 3307.154 of the Revised Code and shall also give equal consideration to minority owned and controlled firms, firms owne...

...ake 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 member of, or an officer of the system holds a ...

...o 1707.50 of the Revised Code or under comparable laws of another state or of the United States. (2) "Minority business enterprise" has the same meaning as in section 122.71 of the Revised Code. (3) "Ohio-qualified agent" means an agent designated as such by the state teachers retirement board. (4) "Ohio-qualified investment manager" means an investment manager designated as such by the state teachers retiremen...

...close 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 in division (A)(1) of this section. (B) The disclos...

...r offers quality, services, and safety comparable to other investment managers otherwise available to the board. The policy shall also provide for the following: (a) A process whereby the board can develop a list of Ohio-qualified investment managers and their investment products; (b) A process whereby the board can give public notice to Ohio-qualified investment managers of the board's search for an investment man...

...any member or employee of said board become an indorser or surety or become in any manner an obligor for moneys loaned by or borrowed from the board.

... and conditions of the transaction are comparable to the terms and conditions which might reasonably be expected in a similar transaction between similar parties who are not parties in interest; and (2) The transaction is consistent with the fiduciary duties described in Chapter 3307. of the Revised Code. (C) A fiduciary shall not: (1) Deal with the assets of the system in the fiduciary's own interest or for the f...

...The state teachers retirement board shall provide for the maintenance of an individual account for each contributor showing the amount of the contributor's contributions and any accumulations thereon.

...ual. (C)(1) All medical reports and recommendations received by the board from a member, member's physician, board-assigned physician, or other entity providing medical reports and recommendations to the board under sections 3307.48, 3307.62, and 3307.66 of the Revised Code are privileged, except as follows: (a) Copies of medical reports or recommendations shall be made available by the board to the personal physic...

...r as a condition of the person's employment. Any such appointment or reappointment of any teacher in the public day schools of the state, or service upon indefinite tenure, shall be conditioned upon the teacher's acceptance of this chapter, as a part of the contract.

...he board the names of all teachers to whom this chapter applies.

... removals, withdrawals, and changes in compensation of teachers that have occurred during the month preceding or the period since the period covered by the last notification. Not later than ten days after the date of hire, each employer shall notify the board of the employment of a new teacher. Notice shall be on a form provided by the board.

...assistance to the state teachers retirement board as it requires in the discharge of its duties.

....212 of the Revised Code of the employment of a new teacher, the state teachers retirement system shall inform the teacher of the requirements of section 3307.25 of the Revised Code.

...o the length of service of a teacher, compensation, or other information required, the board may use its discretion as to the evidence to be accepted.

...te teachers retirement board may at any time deny the right to contribute or the right to membership to any teacher whose compensation, though disbursed by an employer, is reimbursed to the employer, in whole or in part, from other than public funds.

...e of the following applies: (1) At the time employment begins, the individual is already a member or contributor participating in the STRS defined benefit plan, a former member who has previously made an election under division (E) of this section or section 3307.251 of the Revised Code, a superannuate of the system, or an other system retirant, as defined in section 3307.35 of the Revised Code; (2) An election to ...

... an election is not made, a member to whom this section applies is deemed to have elected to continue participating in the STRS defined benefit plan. (B) An election under this section shall be made in writing on a form provided by the system and submitted to the system. (C) On receipt of an election under this section, the system shall do both of the following: (1) Credit to the account of the member in the defin...

...Revised Code, shall be forever barred from claiming or purchasing service credit with the system or any other Ohio state retirement system for service covered by the election.

...rtain per cent of the teacher's earned compensation, except that the per cent shall be not greater than fourteen per cent of the teacher's compensation. The per cent shall be as follows: (1) For compensation earned not later than June 30, 2013, ten per cent; (2) For compensation earned on or after July 1, 2013, but not later than June 30, 2014, eleven per cent; (3) For compensation earned on or after July 1, 2014,...

...t be required to make contributions for time off while on disability leave. Except as otherwise provided in section 124.385 of the Revised Code, each employer described in division (A) of section 3307.01 of the Revised Code who sponsors a disability leave program shall make the periodic employee and employer contributions, in the amounts set pursuant to sections 3307.26 and 3307.28 of the Revised Code, for teachers ...

... (h) of section 414 of the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 414(h), as amended.

... be a certain per cent of the earnable compensation of all members, and which shall be known as the "employer contribution." Each employer shall remit the employer contribution at intervals required by the state teachers retirement system. For members participating in the STRS defined benefit plan, the employer contribution shall be deposited into the employers' trust fund. For members participating in an STRS define...