Ohio Revised Code Search

...er will support the constitution of the United States, 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 law applicable to this chapter. Such oath shall be subscribed to by the member making it, and certified by the officer before whom it is taken, and shall be imme...

...he members of the state teachers retirement board constitutes a quorum for the transaction of any business. All meetings of the board shall be open to the public except executive sessions as set forth in division (G) of section 121.22 of the Revised Code, and any portions of any sessions discussing medical records or the degree of disability of a member excluded from public inspection by section 3307.20 of the Revise...

...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 teleconference or video conference, the board shall ensure that the public can hear and, if the means of attendance technologically permits it, to observe, the discussions and deliberations of all the members of the board, whether the m...

...ontribution required under section 3307.26 of the Revised Code, because of the contributing member's absence from employment to attend any such meeting. The portion of the employer contribution required under section 3307.28 of the Revised Code that represents earned compensation of a contributing member paid for the period of an absence from employment to attend a board meeting, shall be annually transferred from ...

...the board's duties and responsibilities under Chapter 3307. of the Revised Code. Effective ninety days after September 15, 2004, the board may not employ a state retirement system investment officer, as defined in section 1707.01 of the Revised Code, who does not hold a valid state retirement system investment officer license issued by the division of securities in the department of commerce. The compensation of ...

... be collected by him and placed to the credit of the board.

...ement board a sworn statement of the amount of the funds in the treasurer of state's custody belonging to the state teachers retirement system.

...The attorney general shall be the legal adviser of the state teachers retirement board.

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

...tions refunded upon withdrawal, or payable to an estate or beneficiary as provided in this chapter, shall be paid from this fund. Any accumulated contributions forfeited by the failure of a contributor, an estate, or a beneficiary to claim the same shall be transferred from this fund to the guarantee fund. The accumulated contributions of a member or of a teacher who qualifies for a benefit under section 3307.35 of t...

...to have been made to each as a separate legal entity. This section does not prevent the deposit or investment of all such moneys intermingled for such purpose but such funds shall be separate and distinct legal entities for all other purposes.

...tate 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 stated the rates shall be as follows: Years Rates 9-1-1920/8-31-1955 4.00% 9-1-1955/8-31-1963 3.00 9-1-1963/8-31-1965 2.25 (2) Subsequent to August 31, 1959, interest shall be credited to accounts only at retirement. (3) If t...

...ntinues health care coverage authorized under section 3307.39 of the Revised Code, on satisfaction of all liabilities 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.

... of title of the investments 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 shall pay for the investments purchased by the board on receipt of written or electronic instructions from the board or the board's designated agent authorizing the purchase and ...

... 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 fiduciary, administrative, supervisory or trust position, or any other position in which such person would be involved, on behalf of ...

...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 state teachers retirement board shall adopt and implement a written policy to establish criteria and procedures used to select agents t...

...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.

...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...

...ner of others, shall borrow any of its funds or deposits or use the same except to make such current and necessary payments as are authorized by the board; nor shall 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.

...interest or for the fiduciary's own account; (2) In the fiduciary's 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 the fiduciary's own personal account from any party dealing with such syste...

...or the maintenance of an individual account for each contributor showing the amount of the contributor's contributions and any accumulations thereon.

..., with a statement of the amount to the credit of the person's account. The board need not answer more than one request of a person in any one year. (E) Notwithstanding the exceptions to public inspection in division (B) of this section, the board may furnish the following information: (1) If a member, former member, retirant, contributor, or former contributor is subject to an order issued under section 2907.15 of...

...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.

...other time as the state teachers retirement board approves, each employer shall certify to the board the names of all teachers to whom this chapter applies.

...loyer shall on the first day of each calendar month, or at such less frequent intervals as the state teachers retirement board approves, notify the board of 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 ...