Section 5505.29 | Refunding cost of restored service credit.
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Effective:
April 1, 2001
Legislation:
House Bill 535 - 123rd General Assembly
The state highway patrol retirement board shall refund the cost of service credit restored under section 5505.20 or purchased under division (D) of section 5505.16, division (C) of section 5505.17, or section 5505.201, 5505.25, 5505.40, or 5505.402 of the Revised Code to the extent the credit does not, or, in the case of a person who retired or died prior to June 30, 2000, did not, increase the pension provided to the retirant or surviving spouse under section 5505.16, 5505.162, 5505.17, or 5505.18 of the Revised Code. The board shall provide the refund to the retirant or surviving spouse. The refund cancels an equivalent amount of service credit.
Available Versions of this Section
- April 1, 2001 – House Bill 535 - 123rd General Assembly [ View April 1, 2001 Version ]
- April 6, 2017 – House Bill 520 - 131st General Assembly [ View April 6, 2017 Version ]