Ohio Administrative Code (Last Updated: January 12, 2021) |
145 Public Employees Retirement System |
Chapter145-3. Contributions |
145-3-81. Military service
-
(A) This rule amplifies section 21.02 of the member-directed plan document.
(B) A member participating in the member-directed plan may make contributions under section 145.302 of the Revised Code in accordance with rule 145-2-06 of the Administrative Code. Notwithstanding section 145.302 of the Revised Code, a member who makes contributions in accordance with that section shall receive a year or portion of a year of participation, as defined in section 1.38 of the member-directed plan document, rather than service credit.
(C) Contributions received from a member described in paragraph (B) of this rule shall be deposited and credited in accordance with section 3.03 of the member-directed plan document. Contributions received from the member's employer shall be deposited and credited in accordance with section 3.02 of the member-directed plan document.
Five Year Review (FYR) Dates:
9/30/2019 and
09/29/2024
Promulgated
Under: 111.15
Statutory Authority: 145.80
Rule
Amplifies: 145.302, 145.81
Prior Effective Dates:
01/01/2003
Prior History: (Five Year Review (FYR) Dates:
09/24/2014 and
09/24/2019
Promulgated
Under:
111.15
Statutory Authority:
145.80
Rule Amplifies:
145.302,
145.81
Prior Effective Dates:
1/1/03)