Ohio Revised Code Chapter 5505 - Highway Patrol Retirement System

• Section 5505.01 - Highway Patrol Retirement System Definitions.
  As used in this chapter: (A) "Employee" means any qualified employee in the uniform division of the state highway patrol, any qualified employee in...
• Section 5505.02 - State Highway Patrol Pension Fund Established - Membership Mandatory.
  The state highway patrol retirement system is hereby established for the state highway patrol employees, as defined in division (A) of section 5505.01 of...
• Section 5505.03 - Creation Of Funds.
  (A) The funds created by this section are the "employees' savings fund," "employer's accumulation fund," "pension reserve fund," "survivors' benefit fund," "income fund," and...
• Section 5505.04 - State Highway Patrol Retirement Board Organization And Rules.
  (A) (1) The general administration and management of the state highway patrol retirement system and the making effective of this chapter are hereby vested...
• Section 5505.041 - Election To Board - Retirant Member Eligibility - Terms.
  All elections for retirant member and employee members of the state highway patrol retirement board shall be held under the direction of the board...
• Section 5505.042 - Filing Of Vacancies By Election.
  Except as provided in section 5505.043 of the Revised Code, any vacancy occurring in the term of a retirant member of the state highway...
• Section 5505.043 - Election Not Required Where Candidate Unopposed.
  (A) The state highway patrol retirement board is not required to hold an election for a position on the board as a retirant member...
• Section 5505.044 - 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 5505.045 - 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 5505.044...
• Section 5505.046 - Complaint Alleging Violation Of Rc 5505.045 - 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 5505.047 - Adoption Of Election Rules - Certification Of Nominating Petitions And Election Results.
  (A) The state highway patrol board, after consultation with the secretary of state, shall adopt rules in accordance with Chapter 119. of the Revised...
• Section 5505.048 - Disqualification Of Convicted Member - Misconduct In Office - Removal Procedure.
  (A) The office of an employee member or retirant member of the state highway patrol retirement board who is convicted of or pleads guilty...
• Section 5505.049 - Members With Excessive Travel Expenses Ineligible For Another Term.
  A person who served as an elected or appointed member of the state highway patrol retirement board for one or more entire fiscal years...
• Section 5505.05 - Oath - Expenses - Liability Insurance.
  (A) Each member of the state highway patrol retirement board, upon appointment or election, shall take an oath of office that he will support...
• Section 5505.06 - Investment And Fiduciary Duties Of State Highway Patrol Retirement Board.
  (A) The members of the state highway patrol retirement board shall be the trustees of the funds created by section 5505.03 of the Revised...
• Section 5505.061 - Transactions Prohibited.
  (A) Except as provided in division (B) of this section, a fiduciary shall not cause the state highway patrol retirement system to engage in...
• Section 5505.062 - Travel Expense Policies - Bonus Policy - Budget.
  The state highway patrol retirement board shall do all of the following: (A) In consultation with the Ohio ethics commission, review any existing policy...
• Section 5505.063 - Ethics Policy - Commission Approval - Ethics Training.
  The state highway patrol retirement board shall, in consultation with the Ohio ethics commission, develop an ethics policy to govern board members and employees...
• Section 5505.064 - Orientation Program Required For New Members - Continuing Education.
  Each newly elected member of the state highway patrol retirement board and each individual appointed to fill a vacancy on the board, shall, not...
• Section 5505.065 - Chief Investment Officer - Supervision Duties - Monitoring Of Securities Transactions.
  (A) The state highway patrol retirement board shall designate a person who is a licensed state retirement system investment officer to be the chief...
• Section 5505.068 - Designation Of Ohio-qualified Agents - Selection Policy - Utilization - Annual Report.
  (A) As used in this section and in section 5505.0610 of the Revised Code: (1) "Agent" means a dealer, as defined in section 1707.01...
• Section 5505.069 - Annual Disclosures To Ohio Ethics Commission.
  (A) The state highway patrol retirement system shall disclose the following to the Ohio ethics commission: (1) Anything of value received by the system...
• Section 5505.0610 - Designation Of Ohio-qualified Investment Managers - Utilization - Annual Report.
  (A) The state highway patrol retirement board shall, for the purposes of this section, designate an investment manager as an Ohio-qualified investment manager if...
• Section 5505.07 - Secretary, Actuary, And Employees - Compensation And Expenses.
  (A) The state highway patrol retirement board may employ a secretary and secure the services of employees for the transaction of business of the...
• Section 5505.08 - No Participation By Trustees.
  Except as provided in Chapter 5505. of the Revised Code, no trustees and no employee of the state highway patrol retirement board shall have...
• Section 5505.09 - Bonds Of Taxing Districts May Be Offered To Board.
  The boards and officers of the several taxing districts of the state in the issuance and sale of evidences of indebtedness of their respective...
• Section 5505.10 - Deposit And Security.
  There shall be kept available by the treasurer of state an amount not exceeding ten per cent of the total assets of the state...
• Section 5505.11 - Treasurer Of State Is Treasurer Of State Highway Patrol Retirement System.
  The treasurer of state shall be the treasurer of the state highway patrol retirement system and the custodian of its funds. All disbursements therefrom...
• Section 5505.111 - Selection Of Internal Auditor.
  The state highway patrol retirement board shall appoint a committee to oversee the selection of an internal auditor. The committee shall select one or...
• Section 5505.112 - Actions Against Highway Patrol Retirement System, The Board, Its Officers, Employees, Or Board Members; Venue.
  Any action brought against the state highway patrol retirement system or the state highway patrol retirement board or its officers, employees, or board members...
• Section 5505.12 - Actuarial Valuation Of Pension Assets, Liabilities, And Funding Requirements Of State Highway Patrol Retirement System.
  (A) The state highway patrol retirement board shall have prepared annually by or under the supervision of an actuary an actuarial valuation of the...
• Section 5505.121 - Amortizing State Highway Patrol Retirement System's Unfunded Actuarial Accrued Pension Liabilities.
  The state highway patrol retirement board shall establish a period of not more than thirty years to amortize the state highway patrol retirement system's...
• Section 5505.122 - Format For Report To Retirement Study Council.
  If the Ohio retirement study council establishes a uniform format for any report the state highway patrol retirement board is required to submit to...
• Section 5505.13 - [Repealed].
  Effective Date: 07-01-1985
• Section 5505.14 - Certificate Of Prior Service.
  Subject to such rules and regulations as the state highway patrol retirement board adopts, the board shall issue, upon written request of the member,...
• Section 5505.15 - Employer Contribution.
  (A) A member of the state highway patrol retirement system shall contribute a certain percentage of the member's annual salary to the state highway...
• Section 5505.151 - Contributions For Time Off While On Disability Leave.
  Except as otherwise provided in section 124.385 of the Revised Code, any member who is granted disability leave pursuant to a program sponsored by...
• Section 5505.152 - Annual Review Of Adequacy Of Contributions Rates.
  (A) As used in this section, "entry age normal actuarial cost method" means an actuarial cost method under which the actuarial present value of...
• Section 5505.16 - Application For Pension.
  (A) A member of the state highway patrol retirement system who has twenty-five years of service credit according to the rules adopted by the...
• Section 5505.161 - Retirant Re-employed In Other State Retirement System.
  On receipt of notice from the public employees retirement system, Ohio police and fire pension fund, state teachers retirement system, or school employees retirement...
• Section 5505.162 - Election Of Type Of Pension.
  (A) On application for retirement as provided in section 5505.16 of the Revised Code, a member of the state highway patrol retirement system may...
• Section 5505.163 - Election By Retirant Prior To 9-21-94.
  (A) A retirant who retired prior to September 21, 1994, under section 5505.16 of the Revised Code may elect to receive the actuarial equivalent...
• Section 5505.17 - Pension And Benefits Upon Retirement.
  (A) (1) Upon retirement as provided in section 5505.16 of the Revised Code, a member of the state highway patrol retirement system shall receive...
• Section 5505.171 - Additional Monthly Payments And Benefits.
  (A) All persons who retired and were eligible to receive a pension that was payable prior to July 1, 1968, pursuant to division (A)(1)...
• Section 5505.172 - Additional Monthly Payments Eligibility On Or After 7-1-68 And Prior To 7-1-71.
  On and after the effective date of this section, all persons who retired and were eligible to receive a pension that was first payable...
• Section 5505.173 - Increase In Monthly Pension, Allowance Or Benefit Effective 7-1-81.
  (A) Effective July 1, 1981, each person eligible to receive an age and service or disability pension, allowance, or benefit pursuant to Chapter 5505....
• Section 5505.174 - Eligibility For Cost-of-living Increase.
  (A) Eligibility for an increase under this section shall be determined as follows: (1) For a person whose pension effective date is prior to...
• Section 5505.175 - Increase In Benefit Or Allowance When Irc 415 Limits Increased.
  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 5505.176 - Increase In Pension For Certain Retirees Prior To 9-16-98.
  (A) The state highway patrol retirement system shall increase the pension payable to each person receiving a pension granted prior to September 16, 1998,...
• Section 5505.177 - Qualified Governmental Excess Benefit Arrangement Maintained And Established.
  The state highway patrol retirement board may establish and maintain a qualified governmental excess benefit arrangement that meets the requirements of division (m) of...
• Section 5505.178 - Pensions Paid In Equal Monthly Installments.
  Except as provided in division (A)(3) of section 5505.162 of the Revised Code, all pensions shall be paid in equal monthly installments. Effective Date:
• Section 5505.18 - Disability Retirement.
  As used in this section, "member" does not include state highway patrol cadets attending training schools pursuant to section 5503.05 of the Revised Code....
• Section 5505.181 - Annual Report Disability Retirement Experience Of Each Employer.
  Not later than March 1, 2000, and each first day of March thereafter, the state highway patrol retirement board shall make and submit a...
• Section 5505.19 - Cessation Of Membership - Disposition Of Accumulations.
  Subject to section 5505.26 of the Revised Code, a member of the state highway patrol retirement system who ceases to be an employee of...
• Section 5505.20 - Restoration Of Membership.
  Should a member of the state highway patrol retirement system cease to be an employee of the state highway patrol, for any reason, except...
• Section 5505.201 - Full Credit For Time Served As Police Officer Or Firefighter.
  Except for service credit transferred under section 5505.41 of the Revised Code, a member of the state highway patrol retirement system shall, in computing...
• Section 5505.202 - Amended And Renumbered Rc 5505.40.
  Effective Date: 04-01-2001
• Section 5505.203 - Payroll Deduction Plan For Payments For Service Credits.
  (A) The state highway patrol retirement board may establish by rule a payroll deduction plan for payment of the following: (1) The cost of...
• Section 5505.21 - Distribution Of Accumulated Contributions When No Pension Payable.
  Should a member of the state highway patrol retirement system die and no pension becomes payable from funds of the system on account of...
• Section 5505.22 - Pension And Accumulated Contributions Exempt From Tax.
  The right of any individual to a pension, or to the return of accumulated contributions, payable as provided under this chapter, and all moneys...
• Section 5505.23 - Legal Adviser.
  The attorney general shall be the legal adviser to the state highway patrol retirement board. Effective Date: 01-01-1966
• Section 5505.24 - [Repealed].
  Effective Date: 07-01-1996
• Section 5505.25 - Purchase Service Credit For Military Service.
  (A) A member of the state highway patrol retirement system who is not receiving a pension from the system may purchase service credit for...
• Section 5505.26 - 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 or other type of benefit, other...
• Section 5505.261 - 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 5505.262 - 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 5505.263 - 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 5505.27 - Payments From State Treasury.
  All amounts due the state highway patrol retirement system from the state treasury pursuant to this chapter shall be promptly paid upon warrant of...
• Section 5505.28 - Health Insurance.
  (A) The state highway patrol retirement board may enter into an agreement with insurance companies, health insuring corporations, or government agencies authorized to do...
• Section 5505.281 - Additional Deposits To Fund Medical Expenses.
  The state highway patrol retirement board may establish a program under which a member or a member's employer is permitted to make additional deposits...
• Section 5505.29 - Refunding Cost Of Restored Service Credit.
  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...
• Section 5505.30 - Lump Sum Death Benefit Payment.
  On the death of a person who at the time of death is receiving a pension from the state highway patrol retirement system under...
• Section 5505.33 - Long-term Care Insurance Programs.
  (A) As used in this section: (1) "Long-term care insurance" has the same meaning as in section 3923.41 of the Revised Code. (2) "Retirement...
• Section 5505.34 - Recovering Erroneous Payments.
  If a person is paid any benefit or payment by the state highway patrol retirement system to which the person is not entitled, the...
• Section 5505.40 - Full Credit For Service Credit Earned For Full-time Service As Member Of Non-uniform System.
  (A) As used in this section and section 5505.41 of the Revised Code: (1) "Full-time service" means full-time service as defined by rule which...
• Section 5505.401 - Transfers Of Service Credit And Contributions Between System And Cincinnati Retirement System.
  (A) As used in this section and sections 5505.402 and 5505.403 of the Revised Code, "military service credit" means credit purchased or obtained from...
• Section 5505.402 - Eligibility For Credit For Service In Cincinnati Retirement System.
  (A) If the conditions described in division (B) of section 5505.401 of the Revised Code are met, a member of the state highway patrol...
• Section 5505.403 - Transferring Contributions To Cincinnati Retirement System.
  (A) If the conditions described in division (B) of section 5505.401 of the Revised Code are met and a person who is a member...
• Section 5505.41 - Transferring Contributions On Deposit From Non-uniform Retirement System.
  (A) As used in this section, "transferred service credit" means service credit purchased or obtained under section 145.295, 145.2913, 3307.761, 3307.765, 3309.73, or 3309.731...
• Section 5505.50 - Deferred Retirement Option Plan.
  The state highway patrol retirement board shall establish and administer a deferred retirement option plan. In establishing and administering the plan, the board shall...
• Section 5505.51 - Participation In Deferred Retirement Plan - Election Procedure.
  A state highway patrol retirement system member who meets the following requirements may, at any time prior to applying for a pension under section...
• Section 5505.52 - Plan Members Ineligible For Service Credit Or Health Benefits.
  (A) A member who makes an election under section 5505.51 of the Revised Code shall continue in the active service of the state highway...
• Section 5505.53 - Determination Of Plan Member's Pension Amount.
  For each member who elects to participate in the deferred retirement option plan, the state highway patrol retirement system shall determine the member's pension...
• Section 5505.54 - Accrual Of Plan Member's Pension And Contributions.
  (A) During the period beginning on the effective date of an election to participate in the deferred retirement option plan and ending on the...
• Section 5505.55 - Events Terminating Member's Participation In Plan.
  A member's participation in the deferred retirement option plan ceases on the occurrence of the earliest of the following: (A) Termination of the member's...
• Section 5505.56 - Notice Of Termination Of Active Service - Distribution Of Accrued Amount.
  (A) A member participating in the deferred retirement option plan who terminates active service in the state highway patrol shall notify the state highway...
• Section 5505.57 - Method And Timing Of Distribution Of Accrued Amount.
  (A) On ceasing participation in the deferred retirement option plan as described in division (A), (B), or (C) of section 5505.55 of the Revised...
• Section 5505.58 - Plan Member Qualifying For Disability Retirement.
  (A) A member participating in the deferred retirement option plan who qualifies for disability retirement under division (B)(1) of section 5505.18 of the Revised...
• Section 5505.59 - Plan Member Dying While Participant - Distribution Of Benefits.
  If a member dies while participating in the deferred retirement option plan, all of the following apply: (A) The amounts accrued to the member's...
• Section 5505.99 - Penalty.
  (A) Whoever violates division (A) of section 5505.045 of the Revised Code shall be fined not more than one hundred dollars for each day...

Last modified: October 10, 2016