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Ohio Administrative Code (Last Updated: January 12, 2021) |
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742 Ohio Police and Fire Pension Fund |
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Chapter742-3. Retirement |
742-3-01. Effective date of retirement
Latest version.
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Except as provided in section 742.37 or division (D) of section 742.38 of the Revised Code and rule742-3-05 of the Administrative Code, the effective date of any monthly pension or benefit payable under division (C) of section 742.37 or division (D) of section 742.38 of the Revised Code shall be the day following the final day for which compensation was last earned by virtue of working or using accrued leave to remain on active payroll status, unless the last day of compensation earned is on the thirtieth, which in that case, the effective date of retirement shall be the first day of the following month.
In no event shall there be overlapping salary and pension.