Effective: August 18, 2019 Latest Legislation: Senate Bill 221 – 132nd General Assembly The board of trustees of the Ohio police and fire pension fund may sue and be sued, plead and be impleaded, contract and be contracted with, employ and fix the compensation of employees, and adopt rules for the proper administration and management […]
Effective: July 23, 2002 Latest Legislation: Senate Bill 134 – 124th General Assembly The board of trustees of the Ohio police and fire pension fund shall estimate annually the amount required to pay its expenses for the ensuing year, and shall fix the amount which shall be transferred from the guarantee fund to the expense […]
Effective: September 15, 2004 Latest Legislation: Senate Bill 133 – 125th General Assembly The board of trustees of the police and fire pension fund shall do all of the following: (A) In consultation with the Ohio ethics commission, review any existing policy regarding the travel and payment of travel expenses of members of the board […]
Effective: September 15, 2004 Latest Legislation: Senate Bill 133 – 125th General Assembly The board of trustees of the police and fire pension fund shall, in consultation with the Ohio ethics commission, develop an ethics policy to govern board members and employees in the performance of their official duties. The board shall submit this policy […]
Effective: September 15, 2004 Latest Legislation: Senate Bill 133 – 125th General Assembly (A) The board of trustees of the police and fire pension fund shall designate a person who is a licensed state retirement system investment officer to be the chief investment officer for the police and fire pension fund. The board shall notify […]
Effective: April 6, 2017 Latest Legislation: House Bill 520 – 131st General Assembly The Ohio police and fire pension fund board of trustees shall appoint a committee to oversee the selection of an internal auditor. The committee shall select one or more persons for employment as an internal auditor. The board shall employ the person […]
Effective: September 15, 2004 Latest Legislation: Senate Bill 133 – 125th General Assembly (A) The members of the board of trustees of the Ohio police and fire pension fund shall be the trustees of the funds created by section 742.59 of the Revised Code. The board shall have full power to invest the funds. The […]
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly The Ohio police and fire pension fund shall make no investments through or purchases from, or otherwise do any business with, any individual who is, or any partnership, association, or corporation that is owned or controlled by, a person who within the […]
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly (A) Except as provided in division (B) of this section, a fiduciary shall not cause the Ohio police and fire pension fund to engage in a transaction, if the fiduciary knows or should know that such transaction constitutes a direct or indirect: […]
Effective: July 23, 2002 Latest Legislation: Senate Bill 134 – 124th General Assembly Except as provided in sections 742.01 to 742.61 of the Revised Code, no trustee and no employee of the board of trustees of the Ohio police and fire pension fund shall have any interest, direct or indirect, in the gains or profits […]
Effective: March 31, 2021 Latest Legislation: House Bill 312 – 133rd General Assembly (A) As used in this section and in section 742.116 of the Revised Code: (1) “Agent” means a dealer, as defined in section 1707.01 of the Revised Code, who is licensed under sections 1707.01 to 1707.50 of the Revised Code or under […]
Effective: September 15, 2004 Latest Legislation: Senate Bill 133 – 125th General Assembly (A) The Ohio police and fire pension fund shall disclose the following to the Ohio ethics commission: (1) Anything of value received by the system from an agent and anything of value given on behalf of the system by an agent; (2) […]
Effective: September 29, 2015 Latest Legislation: House Bill 64 – 131st General Assembly (A) The board of trustees of the pension fund shall, for the purposes of this section, designate an investment manager as an Ohio-qualified investment manager if the investment manager meets all of the following requirements: (1) The investment manager is subject to […]
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly Bonds purchased by the board of trustees of the Ohio police and fire pension fund from any taxing district of the state shall be in the denomination required by the board in its resolution of purchase, or the board may by its […]
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly The proper officers of each taxing district issuing the bonds provided for in section 742.12 of the Revised Code shall, without additional procedure or legislation on their part, comply with this section and with section 742.12 of the Revised Code, except that […]
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly (A) The board of trustees of the Ohio police and fire pension fund shall have prepared triennially by or under the supervision of an actuary an actuarial valuation of the pension assets, liabilities, and funding requirements of the Ohio police and fire […]
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly The board of trustees of the Ohio police and fire pension fund shall collect and keep in convenient form such data as are necessary for the preparation of the required mortality and service tables and for the compilation of such other information […]
Effective: January 7, 2013 Latest Legislation: Senate Bill 340 – 129th General Assembly The board of trustees of the Ohio police and fire pension fund shall establish a period of not more than thirty years to amortize the Ohio police and fire pension fund’s unfunded actuarial accrued pension liabilities. The board shall adopt a plan […]
Effective: June 24, 2013 Latest Legislation: Senate Bill 340 – 129th General Assembly Following the actuarial investigation required by division (B) of section 742.14 of the Revised Code due on November 1, 2017, and following each quinquennial actuarial investigation thereafter, if, in consultation with its actuary, the Ohio police and fire pension fund board of […]
Effective: April 6, 2017 Latest Legislation: House Bill 520 – 131st General Assembly An application or election made under this chapter shall be submitted to the Ohio police and fire pension fund in the form and manner specified by the fund. The fund shall determine whether an application or election is complete and properly submitted. […]
