Ohio Revised Code Search
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Section 742.441 | Effect of electing to participate in deferred retirement option plan.
...A member who makes an election under section 742.44 of the Revised Code shall continue in the active service of a police or fire department but shall not earn service credit under this chapter for employment after the election's effective date. While the member is in the active service of a police or fire department, the member shall contribute to the Ohio police and fire pension fund in accordance with section 742.3... |
Section 742.442 | Determining pension amount if electing to participate in deferred retirement option plan.
...For each member who elects to participate in the deferred retirement option plan, the Ohio police and fire pension fund shall determine under division (C)(1) of section 742.37 of the Revised Code the monthly pension amount that would be payable to the member had the member elected to receive a pension under that division. In determining the pension amount, the fund shall use the member's total service credit an... |
Section 742.443 | Accrual of monthly pension amount, cost-of-living increases and member contributions if electing to participate in deferred retirement option plan.
...(A) During the period beginning on the effective date of an election to participate in the deferred retirement option plan and ending on the date participation ceases, a member's monthly pension amount determined under section 742.442 of the Revised Code shall accrue to the member's benefit. If the member is eligible for increases under section 742.3716 of the Revised Code, to this amount shall be added any ben... |
Section 742.444 | Termination of participation in deferred retirement option plan.
...(A) A member's participation in the deferred retirement option plan ceases on the occurrence of the earliest of the following: (1) Termination of the member's active service in a police or fire department; (2) The last day of the eight-year period that begins on the effective date of the member's election to participate in the plan; (3) Acceptance by the member of a disability benefit awarded by the board o... |
Section 742.445 | Termination of participation in deferred retirement option plan because of acceptance of disability benefit.
...If a member ceases participation in the deferred retirement option plan due to acceptance by the member of a disability benefit awarded by the board of trustees of the Ohio police and fire pension fund, both of the following apply: (A) The member shall forfeit all amounts that have accrued under section 742.443 of the Revised Code to the member's benefit under the deferred retirement option plan, and those amounts s... |
Section 742.446 | Death benefit if electing to participate in deferred retirement option plan.
...(A) As used in this section, "killed in the line of duty" has the same meaning as in section 742.63 of the Revised Code. (B) If a member dies while participating in the deferred retirement option plan, all of the following apply: (1) The amounts accrued to the member's benefit shall be paid to the member's surviving spouse or, if there is no surviving spouse, the beneficiary designated by the member on a form provi... |
Section 742.447 | Verifying termination of active service.
...On receipt of written notice under division (B) of section 742.444 of the Revised Code of a member's termination of active service, the Ohio police and fire pension fund shall request from the employer verification of the member's termination date and any other information the fund determines necessary to calculate and pay a pension under that division. The verification of termination shall be filed in accordance wit... |
Section 742.45 | Deduction from benefit payment for group health insurance.
...(A) The board of trustees of the Ohio police and fire pension fund may enter into an agreement with insurance companies, health insuring corporations, or government agencies authorized to do business in the state for issuance of a policy or contract of health, medical, hospital, or surgical benefits, or any combination thereof, for those individuals receiving service or disability pensions or survivor benefits ... |
Section 742.451 | Additional deposits to fund medical expenses.
...The board of trustees of the Ohio police and fire pension fund may establish a program under which a member or a member's employer is permitted to make additional deposits for the purpose of providing funds for the payment of health, medical, hospital, surgical, dental, or vision care expenses, including insurance premiums, deductible amounts, or copayments. The program may be a voluntary employees' beneficiary assoc... |
Section 742.46 | Vested right to pension or benefit.
...Except as provided in section 742.464 of the Revised Code, the granting of a benefit or pension to any person under sections 742.01 to 742.61 of the Revised Code, other than a person participating in the deferred retirement option plan established under section 742.43 of the Revised Code, vests a right in such person to obtain and receive the amount of such benefit or pension granted to the person subject to se... |
Section 742.461 | Restitution order based on theft in office or certain sex offenses.
...(A) Notwithstanding any other provision of this chapter, any payment that is to be made under a pension or other type of benefit, other than a survivorship benefit, that has been granted to a person under this chapter, any payment of accumulated contributions standing to a person's credit under this chapter, and any payment of any other amounts to be paid to a person under this chapter upon the person's withdrawal of... |
Section 742.462 | Order for division of marital property.
...(A) As used in this section, "alternate payee," "benefit," "lump sum payment," "participant," and "public retirement program" have the same meanings as in section 3105.80 of the Revised Code. (B) On receipt of an order issued under section 3105.171 or 3105.65 of the Revised Code, the Ohio police and fire pension fund shall determine whether the order meets the requirements of sections 3105.80 to 3105.90 of the Revis... |
Section 742.463 | Forfeiture of retirement benefits under RC 2929.192.
...(A) Notwithstanding any other provision of this chapter, any payment of accumulated contributions standing to a person's credit under this chapter and any other amount or amounts to be paid to a person who is a contributor under this chapter upon the person's withdrawal of contributions pursuant to this chapter shall be subject to any forfeiture ordered under division (A) or (B) of section 2929.192 of the Revis... |
Section 742.464 | Benefits subject to termination.
...Notwithstanding any other provision of this chapter, a disability benefit granted under this chapter is subject to an order issued under section 2929.193 of the Revised Code. The board of trustees of the Ohio police and fire pension fund shall comply with the order. On receipt of notice under section 2901.43 of the Revised Code that an Ohio police and fire pension fund member is charged with an offense listed... |
Section 742.47 | Exemption from attachment, garnishment, levy, or seizure under any legal or equitable process.
...Except as provided in sections 742.461, 742.462, 742.463, 742.464, 3105.171, 3105.65, and 3115.501 and Chapters 3119., 3121., 3123., and 3125. of the Revised Code, sums of money due or to become due to any individual from the Ohio police and fire pension fund are not liable to attachment, garnishment, the operation of bankruptcy or insolvency laws, levy, or seizure under any legal or equitable process or any other pr... |
Section 742.48 | Written notice of waiver.
...Any person who is receiving, or becomes eligible to receive, a pension, or other benefit, or any increase under Chapter 742. of the Revised Code, may, at any time, waive the person's rights thereto, or to a portion thereof, by filing a written notice of waiver with the person from the Ohio police and fire pension fund. Such waiver shall remain in effect until the first day of the month following the person's death, ... |
Section 742.50 | Death benefit.
...As used in this section, "member's contribution" means the total amount deducted from the salary of a member of the Ohio police and fire pension fund and credited to the member's account in the fund. If a member of the fund dies before receiving pension and benefit payments from the fund in an amount equal to the member's contribution and leaves no surviving spouse, surviving children, or dependent parent eligible f... |
Section 742.515 | Firefighter's election to transfer from public employees retirement system.
...(A) As used in this section, "fire department employer" means a fire department that employs a firefighter. (B) A full-time firefighter who, on November 8, 1990, is a member of the public employees retirement system, in the employ of a fire department employer, and in a position in which the firefighter is required to satisfactorily complete or have satisfactorily completed a firefighter training course approved und... |
Section 742.516 | Firefighter's election to transfer to public employees retirement system.
...(A) Not later than ninety days after September 16, 1998, a member of the Ohio police and fire pension fund who became a member of the fund as a result of the member's employer changing from a fire department consisting primarily of part-time employees to a fire department consisting primarily of full-time employees or who elected to transfer to the fund from the public employees retirement system under section 742.51... |
Section 742.521 | Credit for military service.
...(A) A member of the fund who is an employee of a police or fire department and who enlisted or enlists, was inducted or is inducted, was or is called into active duty, or accepted or accepts a commission in the armed forces, in computing years of service in such police or fire department, shall be given full credit for such time served in the armed forces, provided the person has been honorably discharged from the ar... |
Section 742.53 | Long term care insurance.
...(A) As used in this section: (1) "Long-term care insurance" has the same meaning as in section 3923.41 of the Revised Code. (2) "Retirement systems" has the same meaning as in division (A) of section 145.581 of the Revised Code. (B) The board of trustees of the Ohio police and fire pension fund may establish a program under which members of the fund, employers on behalf of members, and persons receiving service or... |
Section 742.55 | Itemization of purchases and expenditures.
...Each expense voucher of an employee, officer, or board member of the Ohio police and fire pension fund shall itemize all purchases and expenditures included. |
Section 742.56 | Payroll deduction plan for payments for service credits.
...(A) The board of trustees of the Ohio police and fire pension fund may by rule establish a payroll deduction plan for payment of the following: (1) The cost of service credit members of the fund are eligible to purchase under this chapter; (2) Charges for participation in programs established under section 742.53 of the Revised Code; (3) Deposits under section 742.451 of the Revised Code and any charges for partic... |
Section 742.57 | Payments by vouchers from state treasury.
...All amounts due the Ohio police and fire pension fund 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. |
Section 742.58 | Lump sum death benefit payment.
...On the death of a member of the Ohio police and fire pension fund who at the time of death is receiving a retirement pension or disability benefits, a lump-sum payment of one thousand dollars shall be paid to the member's surviving spouse or, if there is no surviving spouse, to the beneficiary the member designated on a form provided by the fund. If there is no surviving spouse or designated beneficiary, the payment ... |