Section 3307.31 | Deducting employer contributions from state aid moneys.
(A) Payments by boards of education and governing authorities of community schools to the state teachers retirement system, as provided in sections 3307.29 and 3307.291 of the Revised Code, shall be made from the amount allocated under Chapter 3317. of the Revised Code prior to its distribution to the individual school districts or community schools. The amount due from each school district or community school shall be certified by the secretary of the system to the department of education and workforce monthly, or at such times as may be determined by the state teachers retirement board.
The department shall deduct, from the amount allocated to each district or community school under Chapter 3317. of the Revised Code, the entire amounts due to the system from such district or school upon the certification to the department by the secretary thereof.
The department shall certify to the director of budget and management the amounts thus due the system for payment.
(B) Payments to the state teachers retirement system by a science, technology, engineering, and mathematics school shall be deducted from the amount allocated under section 3317.022 of the Revised Code and shall be made in the same manner as payments by boards of education under this section.
Last updated September 7, 2023 at 12:41 PM
Available Versions of this Section
- June 30, 2011 – House Bill 153 - 129th General Assembly [ View June 30, 2011 Version ]
- September 30, 2021 – Amended by House Bill 110 - 134th General Assembly [ View September 30, 2021 Version ]
- October 3, 2023 – Amended by House Bill 33 - 135th General Assembly [ View October 3, 2023 Version ]