Ohio Administrative Code
Title 3357:12 - Zane State College
Chapter 3357:12-5 - Employee Benefits and Retirement
Section 3357:12-5-21 - School employees retirement system

Universal Citation: OH Admin Code 3357:12-5-21
Current through all regulations passed and filed through September 16, 2024

Members of state employees retirement system currently contribute ten percent of their annual salaries and the college board of trustees contributes fourteen perlbent. An approved tax-deferred program, also known as employee pick-up, became effective July 1, 1984, for all employees. There are no deductions for social security. Effective April 1, 1986, all new employees at the college contribute 1.45 percent of their gross salary to medicare.

State employees retirement system is a defined benefit plan. Retirement benefits, if vested, include optional retirement age, disability retirement income, survivor benefits, optional retirement plans, healthcare plans, withdrawal privileges, opportunity to purchase additional increments, and ability to coordinate with other state retirement programs. Brochures describing this system in detail are available from human resources and at the websitehttp://www.ohsers.org.

Disclaimer: These regulations may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.