Ohio Administrative Code (Last Updated: January 12, 2021) |
145 Public Employees Retirement System |
Chapter145-1. Benefits |
145-1-45. Retirement deductions during faculty improvement leave
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(A) Section 3345.28 of the Revised Code provides, in part, that no university faculty member shall suffer a reduction in his regular employee retirement benefits during a professional leave of absence.
(B) During a professional leave the member shall contribute the prevailing member deduction rate applied to the salary he would have received had he been working at the university, on the regular reports of contribution submitted by the university.
(C) The full salary also shall be the base on which the corresponding employer contribution shall be remitted.
Five Year Review (FYR) Dates:
9/30/2020 and
09/30/2025
Promulgated
Under: 111.15
Statutory Authority: 145.09
Rule
Amplifies: 3345.28
Prior Effective Dates: 12/31/1977,
01/01/2003
Prior History: (Five Year Review (FYR) Dates:
09/29/2015 and
09/29/2020
Promulgated
Under:
111.15
Statutory Authority:
145.09
Rule Amplifies:
3345.28
Prior Effective Dates: 12/31/77,
1/1/03)