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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 145.071 | Video conference meetings.

...ting, may vote at the meeting, and is counted for purposes of determining whether a quorum is present at the meeting. (C) At any meeting in which a board member attends by means of video conference, the board shall ensure that the public can hear and observe the discussions and deliberations of all the members of the board, whether the member is participating in person or electronically. (D) Except as provided in...

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

...al necessary expenses from the expense fund created under division (E) of section 145.23 of the Revised Code. Any determination by the board that a meeting of the board, or any part of the board, is necessary shall be final. (B) The board may secure insurance coverage designated to indemnify board members and employees for their actions or conduct in the performance of official duties, and may pay required premiums...

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

...tures. The board shall perform other functions as required for the proper execution of this chapter, and may adopt rules in accordance with section 111.15 of the Revised Code for the proper administration and management of this chapter. The board may take all appropriate action to avoid payment by the system or its members of federal or state income taxes on contributions to the system or amounts earned on such c...

Section 145.091 | Administering defined benefit and defined contribution plans.

...ferred compensation program established under Chapter 148. of the Revised Code.

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

...e policy to the Ohio retirement study council for review. (B) If the board intends to award a bonus to any employee of the board, it shall adopt rules in accordance with section 145.09 of the Revised Code establishing a policy regarding employee bonuses. (C) The board shall provide copies of the rules adopted under divisions (A) and (B) of this section to each member of the Ohio retirement study council; (D) The b...

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

...ubmit it to the Ohio retirement study council for review. The board periodically shall provide ethics training to members and employees of the board. The training shall include training regarding the requirements and prohibitions of Chapter 102. of the Revised Code and sections 2921.42 and 2921.43 of the Revised Code and any other training the board considers appropriate. The board shall establish a procedure to en...

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

...d the rules and regulations promulgated under those statutes. This duty of reasonable supervision shall include the adoption, implementation, and enforcement of written policies and procedures reasonably designed to prevent persons employed by the public employees retirement system from misusing material, nonpublic information in violation of those laws, rules, and regulations. For purposes of this division, no chie...

Section 145.095 | Selection of internal auditor.

...d submit to the Ohio retirement study council a report of its actions during the preceding year.

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.

...in the appropriate court in Franklin county, Ohio.

Section 145.11 | Investment powers and fiduciary duties of board.

...the investments so purchased may be deposited by the treasurer of state for safekeeping with an authorized agent, selected by the treasurer of state, who is a qualified trustee under section 135.18 of the Revised Code. The treasurer of state or the agent shall collect the principal, dividends, distributions, and interest thereon as they become due and payable and place them when so collected into the custodial funds....

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

...ner of others, shall borrow any of its funds or deposits or in any manner use the same except to make such current and necessary payments as are authorized by the board. No member or employee shall become an indorser or surety or become in any manner an obligor for moneys loaned by or borrowed from the board.

Section 145.112 | Prohibited business transactions.

... 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 years was employed by, a board member of, or an officer holds a fiduciary, administrative, supervisory, or trust position, or any other position in which such person would be invol...

Section 145.113 | Restrictions on fiduciaries.

... in his own interest or for his own account; (2) In his individual or in any other 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 ...

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

...ject to taxation under Chapter 5725., 5726., 5733., 5747., or 5751. of the Revised Code; (2) The agent is authorized to conduct business in this state; (3) The agent maintains a principal place of business in this state and employs at least five residents of this state. (C) The public employees retirement board shall adopt and implement a written policy to establish criteria and procedures used to select agents...

Section 145.115 | Annual disclosures to Ohio Ethics Commission.

...er 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 disclosures required by this section shall be made annually in a report submitted by a date prescribed by the Ohio ethics commission.

Section 145.116 | Designation of Ohio-qualified investment managers - utilization - annual report.

...business in this state; (b) Employs at least five hundred individuals in this state; (c) Has a principal place of business in this state and employs at least twenty residents of this state. (B)(1) The board shall, at least annually, establish a policy with the goal to increase utilization by the board of Ohio-qualified investment managers, when an Ohio-qualified investment manager offers quality, services, and saf...

Section 145.12 | Certifying rate necessary to pay employer contributions.

...tion shall be a percentage of the earnable salary of all contributors in the employ of such employer, and an amount determined by multiplying the total annual earnable salary of all such contributors employed by the employer by such rate and the amount so determined shall be included in its budget and allowed by the budget commission. The board of county commissioners of each county, the legislative authority of eac...

Section 145.13 | Denomination of bonds.

...district of the state shall be in the denomination required by the public employees retirement board in its resolution of purchase.

Section 145.14 | Percentage of funds available for annuities and other payments - deposit.

...curity for said deposit. The sum so deposited in any one bank or trust company shall not exceed twenty-five per cent of the paid-up capital and surplus of said bank or trust company.

Section 145.15 | Employee information provided by each department.

...d a statement showing the name, sex, title, earnable salary, duties, date of birth, and length of service as a public employee of every public employee in his department.

Section 145.16 | Statement to be filed by employee member.

...old all salary payments to the employee until the statement is filed with the board.

Section 145.17 | Department monthly statement.

...tment shall, on the first day of each calendar month, notify the public employees retirement board of the employment or the entering into office of new public employees, and shall submit to the board a statement showing the names, sex, title, earnable salary, duties, and date of birth of the new public employees, and shall also notify the board at the same time of all removals, withdrawals, and changes in salary of a...

Section 145.171 | Information to new employees.

...45.17 of the Revised Code of the employment of a new public employee, the public employees retirement system shall inform the employee of the requirements of section 145.19 of the Revised Code.

Section 145.18 | Records kept by department heads.

...ent shall keep such records as will enable him to furnish information in such form as the board requires in the discharge of its duties.