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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 145.80 | Rules for defined contribution plans.

...The public employees retirement board shall adopt rules to implement each PERS defined contribution plan.

Section 145.81 | Establishment and administration of defined contribution plan.

... of benefit options that provide for an individual account for each participating member and under which benefits are based solely on the amounts that have accumulated in the account. The plans may include options under which a member participating in a plan may receive definitely determinable benefits. Each plan established under this section shall meet the requirements of sections 145.81 to 145.98 of the Revised C...

Section 145.811 | Qualification of plan as governmental plan for federal tax purposes.

...Each PERS defined contribution plan shall qualify as a governmental plan under section 414(d) of the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 414(d), as amended, and meet the requirements of section 401(a), of the "Internal Revenue Code of 1986," 26 U.S.C.A. 401(a), as amended, applicable to governmental plans.

Section 145.812 | Qualification of plan as retirement system maintained by a state or local government entity for federal tax purposes.

...Each PERS defined contribution plan shall meet the requirements necessary to qualify as a retirement system maintained by a state or local government entity under section 3121(b)(7)(F) of the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 3121(b)(7)(F), as amended. Each participant in a plan shall qualify as a member of that system.

Section 145.813 | Maintaining individual account for each participant.

...a contract with the board, to cause an individual account to be maintained for each member participating in the plan. Amounts to be credited under a PERS defined contribution plan may be deposited into any of the funds created under section 145.23 of the Revised Code or may be transferred to the entity administering the plan for the purpose of making distributions from the member's individual account.

Section 145.814 | Electing to participate in different plan.

... this section and rules adopted by the public employees retirement board under sections 145.09 and 145.80 of the Revised Code. An election to participate in a different plan shall be made in writing on a form provided by the public employees retirement system and filed with the system. The election shall take effect on the first day of the month following the date the election is filed and, except as provided i...

Section 145.82 | Application of chapter to defined contribution plan.

...in division (C)(1) of this section, the public employees retirement board may establish eligibility requirements and benefit formulas or amounts that differ from those of members participating in the PERS defined benefit plan. With respect to the purchase of service credit by a member participating in a PERS defined contribution plan, the board may reduce the cost of the service credit to reflect the different benefi...

Section 145.83 | Accumulating contributions to pay medical and insurance expenses.

...program described in this section, the public employees retirement board shall adopt rules to specify the length of time during which the member will vest in amounts accumulated on the member's behalf and may provide for a minimum annual distribution from the accumulated amount after the member terminates employment in positions subject to this chapter.

Section 145.85 | Contributions of members.

... of the member's earnable salary to the public employees retirement system as required in section 145.47 of the Revised Code. Contributions made under this section shall not exceed the limits established by section 415 of the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 415, as amended.

Section 145.86 | Contributions of employers.

... of the member's earnable salary to the public employees retirement system as required in section 145.48 of the Revised Code, less the percentage required under section 145.87 of the Revised Code.

Section 145.87 | Transferring portion of employer contribution to employers' accumulation fund.

... a PERS defined contribution plan, the public employees retirement system may transfer to the employers' accumulation fund a portion of the employer contribution required under section 145.48 of the Revised Code. If the public employees retirement board elects to make a transfer under this section, the portion transferred shall not exceed the percentage of earnable salary of members for whom the contributions ...

Section 145.88 | Withholding.

... may include provisions authorizing the public employees retirement system to do either of the following: (A) Withhold from the amounts contributed under sections 145.85 and 145.86 of the Revised Code a percentage of earnable salary or a fixed dollar amount that is determined by an actuary appointed by the public employees retirement board to be necessary to administer the plan; (B) Withhold from the amounts contri...

Section 145.91 | Member rights governed by plan selected.

...The right of each member participating in a PERS defined contribution plan to a retirement, disability, survivor, or death benefit, to health or long-term care insurance or any other type of health care benefit, or to a withdrawal of any amounts that have accumulated on the member's behalf shall be governed exclusively by the plan selected by the member.

Section 145.92 | Spousal consent or waiver.

... the signature is witnessed by a notary public. A plan may waive the requirement of consent if the spouse is incapacitated or cannot be located or for any other reason specified by the plan or in rules adopted by the public employees retirement board. A plan shall waive the requirement of consent if a plan of payment that provides for payment in a specified portion of the benefit continuing after the member's death ...

Section 145.95 | Right to payment or benefit vested.

...(A) Subject to division (B) of this section and sections 145.38, 145.56, 145.57, 145.572, 145.573, and 145.574 of the Revised Code, the right of a member participating in a PERS defined contribution plan to any payment or benefit accruing from contributions made by or on behalf of the member under sections 145.85 and 145.86 of the Revised Code shall vest in accordance with this section. A member's right to any payme...

Section 145.97 | Deposits of members.

...Each PERS defined contribution plan shall permit a member participating in the plan to do both of the following: (A) If the member has withdrawn the amounts that have accumulated on behalf of the member under the plan, returns to employment covered under this chapter, and is participating in a plan that includes definitely determinable benefits, pay to the system the amounts withdrawn in accordance with rules...

Section 145.98 | Ceasing contributions.

...Contributions under sections 145.85 and 145.86 of the Revised Code shall cease on the member's death or termination of employment or for any other reason specified by the plan selected by the member.

Section 145.99 | Penalty.

...(A) Whoever violates division (A) of section 145.054 of the Revised Code shall be fined not more than one hundred dollars for each day of the violation. (B) Whoever violates division (B) of section 145.054 of the Revised Code shall be imprisoned for not more than six months or fined not more than five thousand dollars, or both. (C) Fines imposed by the Ohio elections commission under this section shall be paid into...

Section 147.01 | Appointment and commission of notaries public - notary public for state.

... may appoint and commission as notaries public as many persons who meet the qualifications of division (B) of this section as the secretary of state considers necessary. (B) In order for a person to qualify to be appointed and commissioned as a notary public, except as provided in division (F) of this section, the person shall demonstrate to the secretary of state that the person satisfies all of the following: ...

Section 147.011 | Definitions.

...ration by an individual before a notary public that the individual has signed a record for the purpose stated in the record, and if the record is signed in a representative capacity, that the individual signed the record with proper authority and signed it as the act of the individual or entity identified in the record. (B) "Criminal records check" has the same meaning as in section 109.572 of the Revised Code. (...

Section 147.021 | Education and testing.

...o person shall be appointed as a notary public unless that person has completed an educational program related to the requirements of this chapter and passed a test demonstrating knowledge of such requirements. (2) The secretary of state may authorize that such a program be completed online. (B) The secretary of state shall adopt, in rules under Chapter 119. of the Revised Code, standards and curricula for the educ...

Section 147.022 | Criminal records check.

...rt, hearing officer, or other necessary individual involved in a case dealing with a commission denial resulting from the criminal records check. (E) The secretary of state shall deny a notary commission application if, after receiving the information and notification required by this section, a person subject to the criminal records check requirement fails to do either of the following: (1) Access, complete, or ...

Section 147.03 | Term of office.

...Each notary public, except an attorney admitted to the practice of law in this state by the Ohio supreme court, shall hold office for the term of five years unless the commission is revoked. An attorney admitted to the practice of law in this state by the Ohio supreme court shall hold office as a notary public as long as the attorney is a resident of this state or has the attorney's principal place of business or pri...

Section 147.031 | Renewal of commission.

...this section, a commission for a notary public appointed prior to the effective date of this section shall remain valid until that commission's expiration date. (2) A commission issued to an attorney shall be governed by section 147.03 of the Revised Code. (B) A commission that is set to expire as described in section 147.03 of the Revised Code or as in division (A) of this section shall not be renewed unless the ...

Section 147.032 | Investigations; penalties.

...lowing actions: (1) Revoke the notary public's commission; (2) Suspend the notary public's commission for a specified period of time or until fulfillment of a condition, such as retraining, or both. (3) Issue a letter of admonition that shall be placed in the notary public's record. (C) A notary public shall cooperate fully with the secretary of state during the course of an investigation under this sectio...