Ohio Revised Code Chapter 3309 - Public School Employees Retirement System
- Section 3309.01 - Public School Employees Retirement System Definitions.
As used in this chapter: (A) "Employer" or "public employer" means boards of education, school districts, joint vocational districts, governing authorities of community schools...
- Section 3309.011 - [Effective Until 2/1/2016] Exclusions From Definition Of Employee.
"Employee" as defined in division (B) of section 3309.01 of the Revised Code, does not include either of the following: (A) Any person having...
- Section 3309.011 - [Effective 2/1/2016] Exclusions From Definition Of Employee.
"Employee" as defined in division (B) of section 3309.01 of the Revised Code, does not include any of the following: (A) Any person having...
- Section 3309.012 - Board Member To Elect Whether To Become Member Of System.
As used in this section, "school board member" means a member of a city, local, exempted village, or joint vocational school district board of...
- Section 3309.013 - [Effective 2/1/2016] Exclusions From Definition Of Employee Under Orc Section 3309.01.
(A) As used in this section, "operator" has the same meaning as in section 3314.02 of the Revised Code. (B) "Employee," as defined in...
- Section 3309.02 - Credit For Military Service.
(A) As used in this section, "armed forces" of the United States includes both: (1) Army, navy, air force, marine corps, coast guard, auxiliary...
- Section 3309.021 - Purchasing Military Service Credit.
(A) (1) A member may purchase service credit that shall be considered as the equivalent of Ohio service for each year or portion of...
- Section 3309.022 - Purchasing Uniformed Services Credit.
(A) As used in this section: (1) "Service in the uniformed services" means the performance of duty on a voluntary or involuntary basis in...
- Section 3309.03 - School Employees Retirement System - Board.
A school employees retirement system is hereby established for the employees as defined in section 3309.01 of the Revised Code, which shall include the...
- Section 3309.031 - System Consists Of Plans Established By Chapter.
The school employees retirement system shall consist of the plans described in section 3309.18 to 3309.70 of the Revised Code and the plan or...
- Section 3309.04 - General Administration And Management Vested In Board.
The general administration and management of the school employees retirement system and making effective Chapter 3309. of the Revised Code are hereby vested in...
- Section 3309.041 - Travel Expense Policies - Bonus Policy - Budget.
The school employees retirement board shall do all of the following: (A) In consultation with the Ohio ethics commission, review any existing policy regarding...
- Section 3309.042 - Ethics Policy - Commission Approval - Ethics Training.
The school employees retirement board shall, in consultation with the Ohio ethics commission, develop an ethics policy to govern board members and employees in...
- Section 3309.043 - Chief Investment Officer - Supervision Duties - Monitoring Of Securities Transactions.
(A) The school employees retirement board shall designate a person who is a licensed state retirement system investment officer to be the chief investment...
- Section 3309.044 - Selection Of Internal Auditor.
The school employees retirement board shall appoint a committee to oversee the selection of an internal auditor. The committee shall select one or more...
- Section 3309.05 - Board Membership.
(A) The school employees retirement board shall consist of the following members: (1) One member, known as the treasurer of state's investment designee, who...
- Section 3309.051 - Orientation Program Required For New Members - Continuing Education.
Each member of the school employees retirement board shall, not later than ninety days after commencing service as a board member, complete the orientation...
- Section 3309.052 - Members With Excessive Travel Expenses Ineligible For Another Term.
A person who served as an elected or appointed member of the school employees retirement board for one or more entire fiscal years in...
- Section 3309.06 - Board Elections.
(A) Elections for employee and retirant members of the school employees retirement board shall be held on the first Monday of March. Terms of...
- Section 3309.061 - Disqualification Of Convicted Member - Misconduct In Office - Removal Procedure.
(A) The office of a member of the school employees retirement board who is convicted of or pleads guilty to a felony, a theft...
- Section 3309.07 - Electing Employee And Retirant Members.
(A) All elections for employee or retirant members of the school employees retirement board shall be held under the direction of the board in...
- Section 3309.071 - Board Elections.
Notwithstanding sections 3309.05, 3309.06, and 3309.07 of the Revised Code, the school employees retirement board is not required to hold an election for a...
- Section 3309.072 - Candidate Campaign Finance Statements - Donor Statement Of Independent Expenditures.
(A) As used in this section: (1) "Campaign committee" means a candidate or a combination of two or more persons authorized by a candidate...
- Section 3309.073 - Filing Of Statements - Prohibited Campaign Activities.
(A) No person shall knowingly fail to file a complete and accurate campaign finance statement or independent expenditure statement in accordance with section 3309.072...
- Section 3309.074 - Complaint Alleging Violation Of Rc 3309.073 - Procedure - Fine.
The secretary of state, or any person acting on personal knowledge and subject to the penalties of perjury, may file a complaint with the...
- Section 3309.075 - Adoption Of Election Rules - Certification Of Nominating Petitions And Election Results.
(A) The school employees retirement board, after consultation with the secretary of state, shall adopt rules in accordance with section 111.15 of the Revised...
- Section 3309.08 - Oath Of Office.
Each member of the school employees retirement board upon appointment or election shall take an oath of office that he will support the constitution...
- Section 3309.09 - Quorum.
A majority of the members of the school employees retirement board constitutes a quorum for the transaction of any business. Any action taken by...
- Section 3309.10 - Service On Board; Reimbursement For Employer; Expenses; Liability Insurance.
(A) No member of the school employees retirement board shall be subject to disciplinary action by an employer for absence from the member's regular...
- Section 3309.11 - Officers - Executive Director.
The school employees retirement board shall elect, from its membership, a chairperson, and shall employ an executive director who shall serve as secretary ....
- Section 3309.12 - Treasurer Of State Is Custodian Of Funds.
The treasurer of state shall be the custodian of the funds of the school employees retirement system, and all disbursements therefrom shall be paid...
- Section 3309.13 - Legal Adviser.
The attorney general shall be the legal adviser of the school employees retirement board. Effective Date: 10-01-1953
- Section 3309.14 - Technical And Administrative Employees - Retirement Applications.
The school employees retirement board shall secure the service of such technical and administrative employees as are necessary for the transaction of the business...
- Section 3309.15 - Investment And Fiduciary Duties Of Board.
(A) The members of the school employees retirement board shall be the trustees of the funds created by section 3309.60 of the Revised Code....
- Section 3309.151, 3309.152 - [Repealed].
Effective Date: 12-06-1996
- Section 3309.153 - [Repealed].
Effective Date: 11-05-1981
- Section 3309.154 - [Repealed].
Effective Date: 12-06-1996
- Section 3309.155 - Prohibited Business Transactions.
The school employees retirement system shall make no investments through, purchases from, or otherwise do any business with any individual who is, or any...
- Section 3309.156 - Restrictions On Fiduciaries.
(A) Except as provided in division (B) of this section, a fiduciary shall not cause the school employees retirement system to engage in a...
- Section 3309.157 - Designation Of Ohio-qualified Agents - Selection Policy - Utilization - Annual Report.
(A) As used in this section and in section 3309.159 of the Revised Code: (1) "Agent" means a dealer, as defined in section 1707.01...
- Section 3309.158 - Annual Disclosures To Ohio Ethics Commission.
(A) The school employees retirement system shall disclose the following to the Ohio ethics commission: (1) Anything of value received by the system from...
- Section 3309.159 - Designation Of Ohio-qualified Investment Managers - Utilization - Annual Report.
(A) The school employees retirement board shall, for the purposes of this section, designate an investment manager as an Ohio-qualified investment manager if the...
- Section 3309.16 - Denomination Or Consolidation Of Bonds.
Bonds purchased from any taxing district of the state shall be in the denomination required by the school employees retirement board in its resolution...
- Section 3309.17 - Record Of Proceedings Between Board And Taxing District.
The proper officers of each taxing district issuing the bonds provided for in section 3309.16 of the Revised Code shall, without additional procedure or...
- Section 3309.18 - Interest Credited Annually.
Interest deposited in the guarantee fund created by section 3309.60 of the Revised Code shall be credited annually to the various funds, except the...
- Section 3309.19 - Trustee Or Employee Of Board Shall Have No Interest In Profits Nor Borrow Funds.
No trustee and no employee of the school employees retirement board shall have any interest, direct or indirect, in the gains or profits of...
- Section 3309.20 - Maintenance Of Individual Account.
The school employees retirement board shall provide for the maintenance of an individual account with each contributor showing the amount of his contributions and...
- Section 3309.21 - Actuarial Valuation Of Pension Assets, Liabilities, And Funding Requirements.
(A) The school employees retirement board shall have prepared annually by or under the supervision of an actuary an actuarial valuation of the pension...
- Section 3309.211 - Amortizing Unfunded Actuarial Accrued Pension Liability.
The school employees retirement board shall establish a period of not more than thirty years to amortize the school employees retirement system's unfunded actuarial...
- Section 3309.22 - Annual Statement Of Funds.
(A) (1) As used in this division, "personal history record" means information maintained in any format by the board on an individual who is...
- Section 3309.23 - Contributors To School Employees Retirement System.
(A) Except as provided in division (B) of this section, the following shall be contributors to the school employees retirement system: (1) All employees,...
- Section 3309.24 - Members Of Local District Pension System Excluded From Membership - Membership By Petition.
Members of a local district pension system maintained under the laws of the state from appropriations or contributions made wholly or in part by...
- Section 3309.25 - Information To New Employees.
On receipt of notice under section 3309.55 of the Revised Code of the employment of a new employee, the school employees retirement system shall...
- Section 3309.251 - Electing Defined Benefit Or Defined Contribution Plan.
(A) Except as provided in division (D) of this section, an individual who becomes a member of the school employees retirement system on or...
- Section 3309.252 - Employee With Less Than 5 Years Of Service Electing To Participate In Defined Contribution Plan.
(A) A member of the school employees retirement system, who, as of the last day of the month immediately preceding the date on which...
- Section 3309.253 - Effect Of Electing Defined Contribution Plan.
A member of the school employees retirement system who elects to participate in a plan established under section 3309.81 of the Revised Code shall...
- Section 3309.26 - Restoring Service Credit.
(A) The membership of any person in the school employees retirement system shall terminate if the person withdraws the person's accumulated contributions, retires on...
- Section 3309.261 - Payroll Deduction Plans - Restoring Pers Or Sters Credit.
(A) A member of the school employees retirement system who has at least eighteen months of contributing service credit in the system, the Ohio...
- Section 3309.262 - Proceedings On Request For Restoration Of Service Credit.
After receiving a request from the public employees retirement system under division (A) of section 145.311 or the state teachers retirement system under division...
- Section 3309.27 - Payroll Deduction Plans.
(A) The school employees retirement board may establish by rule payroll deduction plans for payment of the following: (1) The cost of restoring service...
- Section 3309.28 - Statement To Be Filed By Employee Member.
Not later than thirty days after an employee begins employment, the employer shall file with the school employees retirement system a detailed statement of...
- Section 3309.29 - Verifying Termination Of Active Service.
To the extent to which it is used in determining the liability of any fund created by section 3309.60 of the Revised Code, the...
- Section 3309.30 - Service Credit.
For service subsequent to June 30, 1955, the retirement board shall credit a year of service credit to any member employed on a full-time...
- Section 3309.301 - Purchase Of Service Credit For Period Of Self-exemption.
(A) As used in this section, "paying system" and "transferring system" have the same meanings as in section 3309.35 of the Revised Code. (B)...
- Section 3309.31 - Credit For Prior Service - Comparable Public Position.
Service credit purchased under this section shall be included in the member's total service credit. Credit may be purchased for the following: (A) School...
- Section 3309.311 - Purchasing Credit For Service As School Board Member.
As used in this section, "school board member" means a member of a city, local, exempted village, or joint vocational school district board of...
- Section 3309.312 - Akron University Law Enforcement Officers Electing To Transfer To Public Employees Retirement System.
(A) Not later than ninety days after September 16, 1998, a member who, on September 16, 1998, is employed full time pursuant to section...
- Section 3309.32 - Prior Service Credit.
Any employee who becomes a member and establishes one year of contributing service credit shall be granted prior service credit unless the employee is...
- Section 3309.33 - Retirement Incentive Plan.
(A) An employer may establish a retirement incentive plan for its employees who are members of the school employees retirement system. The plan shall...
- Section 3309.34 - Eligibility For Service Retirement.
(A) (1) (a) A member of the school employees retirement system is eligible for service retirement before August 1, 2017, if the member :...
- Section 3309.341 - Employment Of Retirant.
(A) As used in this section and section 3309.344 of the Revised Code: (1) "SERS retirant" means any person who is receiving a retirement...
- Section 3309.342 - Waiver Of Penalties Against Retirant.
On and after October 27, 1961, the penalties against a retirant as provided by section 3309.34 of the Revised Code in effect from October...
- Section 3309.343 - Continuing Contributions To State System After Retirement.
(A) As used in this section: (1) In addition to the meaning in section 3309.01 of the Revised Code, when appropriate "compensation" has the...
- Section 3309.344 - Retirant May Apply For Monthly Annuity Or Lump Sum Payment.
For purposes of this section, "SERS retirant" includes a member who retired under section 3309.343 of the Revised Code. (A) Except as provided in...
- Section 3309.345 - Reemployed Superannuate Or Rehire In Position Filled By Vote Of Members Of Board Or Commission.
(A) This section applies in the case of a person who is or most recently has been employed by an employer in a position...
- Section 3309.35 - Coordinating And Integrating Membership In State Retirement Systems.
(A) As used in this section: (1) "State retirement system" means the public employees retirement system, state teachers retirement system, or school employees retirement...
- Section 3309.351 - Amended And Renumbered Rc 3309.73.
Effective Date: 04-01-2001
- Section 3309.353 - Increase In Benefits Established Prior To 2-1-83.
As used in this section, "benefit" means any allowance, pension, or other benefit to which an individual is entitled and that the individual receives...
- Section 3309.354 - Increase In Benefits Where Eligibility Established Prior To 9-9-88.
As used in this section, "benefit" means any allowance, pension, or other benefit to which an individual is entitled and that he receives pursuant...
- Section 3309.36 - Allowances For Service Retirement.
(A) A member of the school employees retirement system who retires on service retirement shall be granted a retirement allowance consisting of the lesser...
- Section 3309.361 - Annual Lifetime Benefit.
On and after the effective date of this section, the allowances of retirants receiving benefits based on an award from the school employees retirement...
- Section 3309.362 - Increase In Annual Amount Of Benefit Effective 7-1-81.
As used in this section, "benefit" means any allowance, pension, or other benefit to which an individual is entitled and that the individual receives...
- Section 3309.37 - [Repealed].
Effective Date: 12-08-1998
- Section 3309.371 - Supplementing Allowance.
On and after October 1, 1957, all persons in receipt of, or who are or become eligible to receive, a monthly allowance, pension, or...
- Section 3309.372 - Increase In Benefits Effective 11-1-65.
(A) Effective November 1, 1965, the retirement allowance or benefit of any person who retired before June 30, 1955 and is receiving a service...
- Section 3309.373 - Additional Allowance On Or After 7-1-68.
(A) On and after July 1, 1968, all allowances, pensions, or other benefits, which are payable or become payable and for which eligibility is...
- Section 3309.374 - Cost Of Living Increase.
(A) The school employees retirement board shall annually increase each allowance, pension, or benefit payable under this chapter by three per cent, except that...
- Section 3309.375 - Benefits Equivalent To Medicare.
(A) Except as otherwise provided in division (B) of this section, the board of the school employees retirement system shall make available to each...
- Section 3309.376 - Additional Monthly Payment As Of 12-31-71.
On and after December 31, 1971, all persons who retired and were eligible to receive a pension that was payable prior to July 1,...
- Section 3309.377 - Additional Monthly Payment Where Member Died Prior To 7-1-68.
Each person receiving benefits under section 3309.45 of the Revised Code who became eligible to receive such benefits under section 3309.44 of the Revised...
- Section 3309.378 - Additional Monthly Payment As Of 12-19-73.
On and after the effective date of this section, any person who retired or his beneficiary, who was eligible to receive an allowance that...
- Section 3309.379 - Recalculating Benefits.
(A) On and after the first day of the month following the effective date of this section, each person eligible to receive an allowance,...
- Section 3309.3710 - Increase In Monthly Allowance, Pension Or Benefit Effective 7-1-81.
(A) Effective July 1, 1981, each person eligible to receive an allowance, pension, or benefit pursuant to sections 3309.35, 3309.36, 3309.40, division (A) of...
- Section 3309.3711 - Increasing Pension, Benefit, Or Allowance When Limits Of 26 Usc 415 Are Raised.
Whenever the limits established by section 415 of the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 415, as amended, are raised,...
- Section 3309.3712 - Establishing And Maintaining Qualified Governmental Excess Benefit Arrangement.
The school employees retirement board may establish and maintain a qualified governmental excess benefit arrangement that meets the requirements of division (m) of section...
- Section 3309.38 - [Repealed].
Repealed by 129th General AssemblyFile No.146, SB 341, ยง2, eff. 1/7/2013. Effective Date: 12-08-1998; 2008 SB148 05-14-2008
- Section 3309.381 - Disability Allowance Recipient Applying For Service Retirement.
(A) A recipient of a disability allowance under section 3309.401 of the Revised Code who is subject to division (C)(3) of that section may...
- Section 3309.39 - Providing Disability Coverage For On-duty Illness Or Injury.
(A) The school employees retirement system shall provide disability coverage to each member who has at least five years of total service credit. Not...
- Section 3309.391 - Annual Report Disability Retirement Experience Of Each Employer.
Not later than September 1, 2000, and each first day of September thereafter, the school employees retirement board shall make and submit a report...
- Section 3309.392 - Social Security Disability Insurance Benefits.
A recipient of a disability benefit granted under this chapter on or after the effective date of this section shall apply for social security...
- Section 3309.40 - Benefits Upon Disability Retirement.
A member who has elected disability coverage under this section, has not attained age sixty, and is determined by the school employees retirement board...
- Section 3309.401 - Annual Amount Of Disability Allowance.
(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...
- Section 3309.41 - Disability Benefit Recipient To Retain Membership Status.
(A) Notwithstanding any contrary provisions in Chapter 124. or 3319. of the Revised Code: (1) A disability benefit recipient whose benefit effective date was...
- Section 3309.42 - Payment To Member Who Ceases To Be A Public Employee.
(A) (1) Subject to section 3309.67 of the Revised Code and except as provided in division (B) of this section, a member who elects...
- Section 3309.43 - Payments To Members Who Are Members Of Another State Retirement System.
(A) As used in this section, "other retirement system" means the public employees retirement system or the state teachers retirement system. (B) Except as...
- Section 3309.44 - Designation Or Qualification Of Beneficiaries.
(A) As used in this section and in section 3309.45 of the Revised Code: (1) "Child" means a biological or legally adopted child of...
- Section 3309.45 - Beneficiary May Substitute Other Benefits.
(A) (1) If a deceased member was eligible for a service retirement allowance as provided in section 3309.36 or 3309.381 of the Revised Code,...
- Section 3309.451 - Service Credit Purchased Upon Death Of Member.
Upon the death of a member prior to receipt of a disability benefit or service retirement, the surviving spouse or dependents of the deceased...
- Section 3309.46 - Electing A Plan Of Payment.
(A) The retirement allowance calculated under section 3309.36 or 3309.381 of the Revised Code shall be paid as provided in this section. If the...
- Section 3309.47 - Contribution Of Contributor.
Each school employees retirement system contributor shall contribute eight per cent of the contributor's compensation to the employees' savings fund, except that the school...
- Section 3309.471 - Contributions During Disability Leave.
Except as otherwise provided in section 124.385 of the Revised Code, any contributor who is granted disability leave pursuant to a program sponsored by...
- Section 3309.472 - Purchasing Service Credit For Time Spent On Pregnancy.
For one year after the effective date of this section, a member who resigned due to pregnancy prior to the effective date of this...
- Section 3309.473 - Purchasing Service Credit For Time Spent On Pregnancy Or Adoption.
(A) Except as provided in division (D) of this section, a member of the school employees retirement system who resigned due to pregnancy or...
- Section 3309.474 - Purchase Of Service Credits For Leaves Of Absence.
(A) As used in this section, "state retirement system" means the public employees retirement system, Ohio police and fire pension fund, state teachers retirement...
- Section 3309.48 - Employer Failing To Deduct Employee Contribution.
Any employee who left the service of an employer after attaining age sixty-five or over and such employer had failed or refused to deduct...
- Section 3309.49 - Employer Contribution.
Each employer shall pay to the school employees retirement system at such times as required by the school employees retirement board under section 3309.51...
- Section 3309.491 - Employer Minimum Compensation Contribution.
(A) An actuary employed by the school employees retirement board shall annually determine the minimum annual compensation amount for each member that will be...
- Section 3309.492 - [Repealed].
Effective Date: 11-20-1973
- Section 3309.50 - Payment Of Death Benefit.
(A) (1) Upon the death of a retirant or disability benefit recipient, who at the time of death is receiving a service retirement allowance...
- Section 3309.51 - Payment Into Employers' Trust Fund.
(A) Each employer shall pay into the employers' trust fund, monthly or at such times as the school employees retirement board requires, an amount...
- Section 3309.52 - [Repealed].
Effective Date: 09-16-1957
- Section 3309.53 - Written Statement To Employee Of Duties And Obligations.
Each employer, before employing any employee to whom this chapter may apply, shall give such person a written statement of the person's duties and...
- Section 3309.54 - Certifying Names Of Covered Employees.
During September of each year, or at such other time as the school employees retirement board approves, each employer shall certify to the board...
- Section 3309.55 - Notifying Board Of Personnel Changes.
Each employer shall on the first day of each calendar month, or at such intervals as the school employees retirement board approves, notify the...
- Section 3309.56 - Deductions; Report.
Each employer shall cause to be deducted, on each payroll of a contributor for each payroll period, the contribution payable by such contributor. Each...
- Section 3309.57 - Transmission Of Contributions.
Each employer shall transmit monthly or at such times as the school employees retirement board designates the contributions required under this chapter. The school...
- Section 3309.571 - Penalties.
The school employees retirement system shall impose the following penalties, which may be collected in the same manner as described in division (B) of...
- Section 3309.58 - [Repealed].
Effective Date: 04-09-2001
- Section 3309.59 - Levying Additional Taxes.
Employers who obtain funds directly by taxation shall levy annually such additional taxes as are required to provide the additional funds necessary to meet...
- Section 3309.60 - Creation Of Funds - Trustees.
The school employees retirement board shall be the trustee of certain funds hereby created as follows: (A) The "employees' savings fund" is the fund...
- Section 3309.61 - Each Fund Is Separate Legal Entity.
Wherever in this chapter, reference is made to the employees' savings fund, the employers' trust fund, the annuity and pension reserve fund, the guarantee...
- Section 3309.62 - Estimating Expenses Annually.
The school employees retirement board shall estimate annually the amount required to defray expenses of administration in the ensuing year and may apportion such...
- Section 3309.63 - Merger Of Local Pension System With School Employees Retirement System - Procedure.
If a local district pension system votes to merge with the school employees retirement system, the school employees retirement board shall employ an actuary...
- Section 3309.64 - Payment Of Accrued Liability - Interest - Rate.
That part of the accrued liability due on account of pensions to pensioners already on the rolls of such local district pension system, referred...
- Section 3309.65 - Procedure For Transfer Of Moneys And Securities In Event Of Merger.
The increasing contribution determined as provided in sections 3309.63 and 3309.64 of the Revised Code by the actuary shall be paid by the employer...
- Section 3309.66 - [Effective Until 1/1/2016] Tax Exemptions.
The right of an individual to a pension, an annuity, or a retirement allowance itself, the right of an individual to any optional benefit,...
- Section 3309.66 - [Effective 1/1/2016] Tax Exemptions.
The right of an individual to a pension, an annuity, or a retirement allowance itself, the right of an individual to any optional benefit,...
- Section 3309.661 - Acquiring Vested Right In Pension When Granted.
Except as provided in section 3309.673 of the Revised Code, the granting of a retirement allowance, annuity, pension, or other benefit to any person...
- Section 3309.662 - Waiver Of Rights.
(A) Any person who is receiving an allowance, benefit, or any increase under the provisions of this chapter may, at any time, waive his...
- Section 3309.663 - Payroll Deduction Of Membership Dues And Fees Of Retiree Organizations.
Any person receiving from the school employees retirement system an allowance, annuity, pension, or benefit may authorize the system to make deductions therefrom for...
- Section 3309.67 - Restitution Order Based On Theft In Office Or Certain Sex Offenses.
(A) Notwithstanding any other provision of this chapter, any payment that is to be made under a pension, annuity, allowance, or other type of...
- Section 3309.671 - [Effective Until 1/1/2016] Order For Division Of Marital Property.
(A) As used in this section, "alternate payee," "benefit," "lump sum payment," "participant," and "public retirement program" have the same meanings as in section...
- Section 3309.671 - [Effective 1/1/2016] Order For Division Of Marital Property.
(A) As used in this section, "alternate payee," "benefit," "lump sum payment," "participant," and "public retirement program" have the same meanings as in section...
- Section 3309.672 - Forfeiture Of Retirement Benefits Under Rc 2929.192.
(A) Notwithstanding any other provision of this chapter, any payment of accumulated contributions standing to a person's credit under this chapter and any other...
- Section 3309.673 - Benefits Subject To Termination.
Notwithstanding any other provision of this chapter, a disability benefit granted under this chapter is subject to an order issued under section 2929.193 of...
- Section 3309.68 - Payment Of Amounts Due Retirement System From Treasury.
All amounts due the school employees retirement system from the state treasury pursuant to this chapter shall be promptly paid upon warrant of the...
- Section 3309.69 - Group Health Care Coverage For Eligible Individuals Or Dependents.
(A) The school employees retirement board may establish a program to provide medical, hospital, surgical, prescription, or other health care coverage, benefits, reimbursement, or...
- Section 3309.691 - Establishing Programs For Long Term Health Care Insurance.
The school employees retirement board may establish a program under which members of the retirement system, employers on behalf of members, and persons receiving...
- Section 3309.692 - Additional Deposits To Fund Medical Expenses.
As used in this section, "SERS defined benefit plan" means the plan established under sections 3309.18 to 3309.70 of the Revised Code and "SERS...
- Section 3309.70 - Recovering Erroneous Payments.
If a person who is a member, former member, contributor, former contributor, retirant, beneficiary, or alternate payee, as defined in section 3105.80 of the...
- Section 3309.73 - Credit For Service In Uniform Retirement System.
(A) As used in this section and section 3309.731 of the Revised Code: (1) "Uniform retirement system" or "uniform system" means the Ohio police...
- Section 3309.731 - Transferred Service Credit From Uniform Retirement System.
(A) As used in this section, "transferred service credit" means service credit purchased or obtained under section 742.21, 742.214, 742.375, 5505.201, 5505.40, or 5505.41...
- Section 3309.74 - Transferring Service Credit And Contributions Between Sers And Cincinnati Retirement System.
(A) As used in this section and sections 3309.75 and 3309.76 of the Revised Code, "military service credit" means credit purchased or obtained under...
- Section 3309.75 - Eligibility For Credit For Service In Cincinnati Retirement System.
(A) If the conditions described in division (B) of section 3309.74 of the Revised Code are met, a member of the school employees retirement...
- Section 3309.76 - Transferring Contributions To Cincinnati Retirement System.
(A) If the conditions described in division (B) of section 3309.74 of the Revised Code are met and a person who is a member...
- Section 3309.80 - Rules For Defined Contribution Plans.
The school employees retirement board shall adopt rules to implement each plan established under section 3309.81 of the Revised Code. Effective Date: 04-09-2001
- Section 3309.81 - Establishment And Administration Of Defined Contribution Plan.
The school employees retirement board may establish one or more plans consisting of benefit options that provide for an individual account for each participating...
- Section 3309.811 - Qualification Of Plan As Governmental Plan For Federal Tax Purposes.
Each plan established under section 3309.81 of the Revised Code shall qualify as a governmental plan under section 414(d) of the "Internal Revenue Code...
- Section 3309.812 - Qualification Of Plan As Retirement System Maintained By A State Or Local Government Entity For Federal Tax Purposes.
Each plan established under section 3309.81 of the Revised Code shall meet the requirements necessary to qualify as a retirement system maintained by a...
- Section 3309.813 - Maintaining Individual Account For Each Participant.
Each plan established under section 3309.81 of the Revised Code shall require the school employees retirement board, or the entity administering the plan pursuant...
- Section 3309.82 - Application Of Chapter To Defined Contribution Plan.
(A) Except as provided in division (B) of this section, sections 3309.02, 3309.021, and 3309.022 and sections 3309.18 to 3309.70 of the Revised Code...
- Section 3309.85 - Contributions Of Members.
Each member participating in a plan established under section 3309.81 of the Revised Code shall contribute a per cent of the member's compensation to...
- Section 3309.86 - Contributions Of Employers.
For each member participating in a plan established under section 3309.81 of the Revised Code, the employer shall contribute a per cent of the...
- Section 3309.87 - Deposit And Crediting Of Contributions.
Except as provided in section 3309.88 of the Revised Code, amounts contributed under sections 3309.85 and 3309.86 of the Revised Code, and any earnings...
- Section 3309.88 - Transfer Of Portion Of Employer Contribution To Employers' Trust Fund To Mitigate Negative Financial Impact On System.
For each member participating in a plan established under section 3309.81 of the Revised Code, the school employees retirement system shall transfer to the...
- Section 3309.91 - Member Rights Governed By Plan Selected.
The right of each member participating in a plan established under section 3309.81 of the Revised Code to a retirement, disability, survivor, or death...
- Section 3309.92 - Spousal Consent Or Waiver.
If a member participating in a plan established under section 3309.81 of the Revised Code is married at the time benefits under the plan...
- Section 3309.95 - Right To Payment Or Benefit Vested.
Subject to sections 3309.341, 3309.66, 3309.67, 3309.672, and 3309.673 of the Revised Code, the right of a member participating in a plan established under...
- Section 3309.97 - Deposits Of Members.
Each plan established under section 3309.81 of the Revised Code shall permit a member participating in the plan to do all of the following:...
- Section 3309.98 - Ceasing Contributions.
Contributions under sections 3309.85 and 3309.86 of the Revised Code shall cease on the member's death or termination of employment or for any other...
- Section 3309.99 - Penalty.
(A) Whoever violates division (A) of section 3309.073 of the Revised Code shall be fined not more than one hundred dollars for each day...
Last modified: October 10, 2016