Ohio Administrative Code (Last Updated: January 12, 2021)

145-2-32. Crediting of interest to beneficiaries lump sum payments

Latest version.

For purposes of determining the interest credited to a deceased member's account under section 145.471 of the Revised Code, interest shall be earned through the last day of the month prior to the first payment to a beneficiary under section 145.43 of the Revised Code.

Effective: 1/1/2017
Five Year Review (FYR) Dates: 09/29/2021
Promulgated Under: 111.15
Statutory Authority: 145.09
Rule Amplifies: 145.431, 145.471

                    
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