Section 742.54 | Volunteer Firemen’s Relief and Pension Fund Operation and Maintenance.
Effective: July 1, 1985 Latest Legislation: House Bill 201 – 116th General Assembly Any municipal corporation which had only volunteer firemen prior to January 1, 1967, may operate and maintain a volunteer firemen’s relief and pension fund, and levy a tax of up to three-tenths of one mill upon all the real and personal property […]
Section 742.55 | Itemization of Purchases and Expenditures.
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly Each expense voucher of an employee, officer, or board member of the Ohio police and fire pension fund shall itemize all purchases and expenditures included.
Section 742.56 | Payroll Deduction Plan for Payments for Service Credits.
Effective: April 6, 2007 Latest Legislation: House Bill 272 – 126th General Assembly (A) The board of trustees of the Ohio police and fire pension fund may by rule establish a payroll deduction plan for payment of the following: (1) The cost of service credit members of the fund are eligible to purchase under this […]
Section 742.57 | Payments by Vouchers From State Treasury.
Effective: December 1, 2006 Latest Legislation: House Bill 530 – 126th General Assembly All amounts due the Ohio police and fire pension fund from the state treasury pursuant to this chapter shall be promptly paid upon warrant of the director of budget and management pursuant to a voucher approved by the director.
Section 742.58 | Lump Sum Death Benefit Payment.
Effective: September 21, 2000 Latest Legislation: House Bill 628 – 123rd General Assembly On the death of a member of the Ohio police and fire pension fund who at the time of death is receiving a retirement pension or disability benefits, a lump-sum payment of one thousand dollars shall be paid to the member’s surviving […]
Section 742.59 | Creation of Funds – Trustees.
Effective: June 30, 2005 Latest Legislation: House Bill 66 – 126th General Assembly The board of trustees of the Ohio police and fire pension fund shall be the trustee of the funds created as follows: (A) The “police officers’ contribution fund” is the fund in which shall be credited the contributions deducted from the salaries […]
Section 742.51 | Election to Transfer From Public Employees Retirement System to Police and Fire Pension Fund.
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly Any person serving as a full-time regular member of a township fire department, or a municipal fire or police department who was serving in that capacity on December 31, 1966, and was a member of the public employees retirement system on that […]
Section 742.511 | Transfer of Police Officers of Newly Incorporated Municipality Prior to 12-1-83.
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly In computing years of active service under division (C) of section 742.37 or section 742.39 of the Revised Code for a full-time regular police officer who, prior to December 1, 1983, was appointed to the police department of a newly incorporated municipal […]
Section 742.512 | Transfer of Police Officers of Newly Incorporated Municipality on or After 12-1-83.
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly In computing years of active service under division (C) of section 742.37 or section 742.39 of the Revised Code for a full-time regular police officer who, on or after December 1, 1983, but prior to June 14, 1988, was appointed pursuant to […]
Section 742.513 | Township Officer Assuming Municipal Status May Transfer to Fund.
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly A member of the public employees retirement system who is a full-time regular police officer may elect to transfer from the public employees retirement system to the Ohio police and fire pension fund if the member has become a member of a […]