145-2-51 Effective date of benefits.

 

 

 

145-2-51                      Effective date of benefits.

 

 

 

(A)     Benefits available pursuant to section 145.32, 145.33, 145.34, 145.35, 145.36, 145.361, 145.37, 145.43, 145.45 or 145.46 of the Revised Code shall be effective the first day of the month following the later latest of the following:

 

(1)   For a member:

 

(a)   Termination of public employment;

 

(b)   Eligibility by attaining the required minimum age;

 

(c)   Eligibility by accumulating the required service credit, including purchase of any additional credit; or

 

(d)  A date specified by the member.

 

(2)   For a beneficiary:

 

(a)   The death of the contributor or retirant; or

 

(b)   Attainment of eligibility.

 

(B)

 

(1)    When the application of paragraph (A) of this rule results in a retroactive effective benefit date, this rule shall apply even though such retroactive date is before August 20, 1976.

 

(2)   Retroactive benefits shall be calculated under the law in effect at the effective benefit date so established.

 

(3)   Benefit increases occurring after the established effective benefit date shall be included.

 

 

 

 

 

 

 

 

 

 

 

 

145-2-51                                                                                                                                2

Effective:                                                     01/01/2007

R.C. 119.032 review dates:                         09/29/2006 and 09/29/2011

CERTIFIED ELECTRONICALLY

Certification

12/15/2006

Date

Promulgated Under:                           111.15

Statutory Authority:                           145.09

Rule Amplifies:                                  145.32, 145.33, 145.331, 145.34, 145.35, 145.36,

145.361, 145.37, 145.43, 145.45, 145.46.

Prior Effective Dates:                         1/1/03; 9/27/98; 2/1/93; 8/1/92; 8/20/76.