Each PERS defined contribution plan shall require the public employees retirement board, or the entity administering the plan pursuant to 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.
Amended by 129th General AssemblyFile No.148, SB 343, ยง1, eff. 1/7/2013.
Effective Date: 10-01-2002
Section: Previous 145.74 145.75 145.76 145.80 145.81 145.811 145.812 145.813 145.814 145.82 145.83 145.85 145.86 145.87 145.88 NextLast modified: October 10, 2016