Ohio Administrative Code
Title 3307:1 - Defined Benefit
Chapter 3307:1-14 - Intersystem Transfers with Non-uniform Systems
Section 3307:1-14-01 - Intersystem transfers with non-uniform systems
Current through all regulations passed and filed through March 18, 2024
(A) This rule amplifies section 3307.57 of the Revised Code and applies to members who retire with an effective date of retirement on or after February 1, 2013.
(B) For the purpose of this rule:
(C) For purposes of determining the amount transferred under division (B)(5)(a) of section 3307.57 of the Revised Code, all of the following applies:
(D) If a member of the public employees retirement system has contributions to more than one employer division of the system, the employer contribution rate for the system shall be determined using the last division to which the member contributed. If the period of service and contributions to be transferred includes service that occurred prior to the date the member's most-recent division was established, the state teachers retirement system shall use the employer contribution rate for its system for that year.
Five Year Review (FYR) Dates:
2/15/2018 and
02/15/2023
Promulgated
Under: 111.15
Statutory
Authority: 3307.04
Rule
Amplifies: 3307.57
Prior
Effective Dates: 01/07/2013 (Emer.), 03/24/2013, 03/23/2015 (Emer.),
06/05/2015