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

145-3-71. Actuarial reduction factors

Latest version.

The public employees retirement board shall, based on the recommendation of the board's actuary, establish the percentage rate for the reductions described in section 9.03(a) of the combined plan document, as amended on January 7, 2013.

Five Year Review (FYR) Dates: 9/30/2019 and 09/29/2024
Promulgated Under: 111.15
Statutory Authority: 145.09
Rule Amplifies: 145.33, 145.82
Prior Effective Dates: 01/07/2013 (Emer.), 03/24/2013

Prior History: (Five Year Review (FYR) Dates: 09/24/2014 and 09/24/2019
Promulgated Under: 111.15
Statutory Authority: 145.09
Rule Amplifies: 145.33
Prior Effective Dates: 1/7/13 (Emer.), 3/24/13)

                    
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