145-2-51 Effective date of benefits.

 

 

 

145-2-51                                           Effective date of benefits.

 

 

 

Benefits available pursuant to section 145.32, 145.33, 145.332, 145.43, 145.45 or 145.46 of the Revised Code shall be effective the first day of the month immediately following the latest of the following:

 

(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 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;

 

(d)A date specified by the member.

 

(2) For a beneficiary:

 

(a) The death of the contributor or retirant;

 

(b) Attainment of eligibility.

 

(A)For a member:

 

(1)The last date for which compensation was paid;

 

(2) Eligibility by attaining the required minimum age;

 

(3) Eligibility by accumulating the required service credit;

 

(4)Ninety days prior to receipt by the public employees retirement system of the member's completed application for retirement;

 

(5)February 1, 2013, for retirement applications received by the retirement system on or after January 7, 2013.

 

(B)  For a beneficiary:

 

(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.The death of the contributor or retirant;

 

(2)   Retroactive benefits shall be calculated under the law in effect at the effective

 

 

benefit date so establishedAttainment of eligibility..

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

Effective:                                                     03/24/2013

R.C. 119.032 review dates:                         09/29/2016

CERTIFIED ELECTRONICALLY

Certification

03/14/2013

Date

Promulgated Under:                           111.15

Statutory Authority:                           145.09

Rule Amplifies:                                  145.32, 145.33, 145.331, 145.332, 145.43, 145.45,

145.46

Prior Effective Dates:                         8/20/76, 8/1/92, 2/1/93, 9/27/98, 1/1/03, 1/1/07,

1/12/08