145-2-11 Police and fire or highway patrol service.

 

 

 

145-2-11                      Police and fire or highway patrol service.

 

 

 

(A)  This rule amplifies sections 145.295 and 145.2913 of the Revised Code.

 

(B)   Any payments made by a member to purchase credit pursuant to section 145.295 or 145.2913 of the Revised Code shall not be refunded to a member except as authorized or required under those sections or section 145.40 of the Revised Code.

 

(C)   A member who purchases or transfers credit under section 145.295 or 145.2913 of the Revised Code shall receive service credit in the public employees retirement system as follows:

 

(1)   For service earned as a police officer under Chapter 742. of the Revised Code or service earned under Chapter 5505. of the Revised Code, the service credit shall be treated as if it was earned in this system as a law enforcement officer.

 

(2)   For service earned as a firefighter under Chapter 742. of the Revised Code, the service credit shall be treated as if it was earned in this system as a member who is not a law enforcement or public safety officer.

 

(D)   This paragraph applies to purchases and transfers initiated after January 7, 2013. The member's effective date of retirement or disability benefit shall be no earlier than the first day of the month following receipt by the retirement system of the first partial payment or total payment, if paid in full in one payment. The member's effective date of retirement or disability benefit shall be no later than the first day of the month following the ninetieth day after receipt by the retirement system of the first partial payment or total payment, if paid in full by one payment. If the member fails to retire, or terminate employment for purposes of a disability benefit, before the ninetieth day after the first partial payment or total payment is received, the retirement system shall return the amount paid by the member to the member. If the payment was transmitted to the retirement system by a financial institution, the amount received by the retirement system shall be deposited in accordance with section 145.62 of the Revised Code or returned to the financial institution.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

145-2-11                                                                                                                                2

Effective:                                                     05/08/2014

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

CERTIFIED ELECTRONICALLY

Certification

04/28/2014

Date

Promulgated Under:                           111.15

Statutory Authority:                           145.09, 145.295

Rule Amplifies:                                  145.295, 145.2913

Prior Effective Dates:                         4/5/93, 12/9/95, 9/27/98, 3/22/02, 1/1/03, 1/1/07,

1/7/13 (Emer.), 3/24/13