145-3-38. Cincinnati retirement system

(A) This rule amplifies sections 145.2910 and 145.2911 of the Revised Code as applicable to members participating in the combined plan.

(B) Except as provided in paragraph (C) of this rule, a member participating in the combined plan may purchase service credit under sections 145.2910 and 145.2911 of the Revised Code in accordance with rule 145-2-15 of the Administrative Code.

(C) Any payments made by a member to purchase credit pursuant to section 145.2910 or 145.2911 of the Revised Code shall not be refunded to a member except as authorized or required under those sections, article VIII of the combined plan document, as amended on January 7, 2013, or rule 145-2-15 of the Administrative Code.

(D) For purchases and transfers described in paragraph (F) of rule 145-2-15 of the Administrative Code, if the payment was transmitted to the retirement system by a financial institution, the amount received by the retirement system shall be returned to the financial institution.

Five Year Review (FYR) Dates: 9/30/2019 and 09/29/2024
Promulgated Under: 111.15
Statutory Authority: 145.80
Rule Amplifies: 145.2910, 145.2911, 145.81, 145.82
Prior Effective Dates: 01/01/2003, 12/24/2004, 01/01/2009, 01/01/2010, 01/07/2013 (Emer.), 03/24/2013, 01/01/2015

Prior History: (Effective: 01/01/2015
Five Year Review (FYR) Dates: 08/20/2014 and 09/24/2019
Promulgated Under: 111.15
Statutory Authority: 145.80
Rule Amplifies: 145.2910, 145.2911, 145.81, 145.82
Prior Effective Dates: 1/1/03, 12/24/04, 1/1/09, 1/1/10, 1/7/13 (Emer.), 3/24/13)