(A) A member with disability coverage under this section who is determined by the school employees retirement board under section 3309.39 of the Revised Code to qualify for a disability benefit shall receive a disability allowance under this section. The allowance shall be an annual amount equal to the greater of the following:
(1) Forty-five per cent of the member's final average salary;
(2) The member's total service credit multiplied by two and two-tenths per cent of the member's final average salary, not exceeding sixty per cent of the member's final average salary.
(B) Sufficient reserves for payment of the disability allowance shall be transferred to the annuity and pension reserve fund from the employers' accumulation fund. The accumulated contributions of the member shall remain in the employees' savings fund. No part of the allowance paid under this section shall be charged against the member's accumulated contributions.
(C) A disability allowance paid under this section shall terminate at the earliest of the following:
(1) The effective date of service retirement under section 3309.35 or 3309.36 of the Revised Code;
(2) The date the allowance is terminated under section 3309.41 of the Revised Code;
(3) The later of the last day of the month in which the recipient attains age sixty-five, or the last day of the month in which the benefit period ends as follows:
Attained Age at Effective Date of Disability Allowance
Benefit Period
60 or 61
60 months
62 or 63
48 months
64 or 65
36 months
66, 67, or 68
24 months
69 or older
12 months
Amended by 129th General AssemblyFile No.146, SB 341, ยง1, eff. 1/7/2013.
Effective Date: 04-09-2001
Section: Previous 3309.3712 3309.38 3309.381 3309.39 3309.391 3309.392 3309.40 3309.401 3309.41 3309.42 3309.43 3309.44 3309.45 3309.451 3309.46 NextLast modified: October 10, 2016