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 742.516 | Firefighter’s Election to Transfer to Public Employees Retirement System.
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly (A) Not later than ninety days after September 16, 1998, a member of the Ohio police and fire pension fund who became a member of the fund as a result of the member’s employer changing from a fire department consisting primarily of […]
Section 742.464 | Benefits Subject to Termination.
Effective: July 29, 2011 Latest Legislation: House Bill 123 – 129th General Assembly Notwithstanding any other provision of this chapter, a disability benefit granted under this chapter is subject to an order issued under section 2929.193 of the Revised Code. The board of trustees of the Ohio police and fire pension fund shall comply with […]
Section 742.47 | Exemption From Attachment, Garnishment, Levy, or Seizure Under Any Legal or Equitable Process.
Effective: April 6, 2017 Latest Legislation: House Bill 520 – 131st General Assembly Except as provided in sections 742.461, 742.462, 742.463, 742.464, 3105.171, 3105.65, and 3115.501 and Chapters 3119., 3121., 3123., and 3125. of the Revised Code, sums of money due or to become due to any individual from the Ohio police and fire pension […]
Section 742.48 | Written Notice of Waiver.
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly Any person who is receiving, or becomes eligible to receive, a pension, or other benefit, or any increase under Chapter 742. of the Revised Code, may, at any time, waive the person’s rights thereto, or to a portion thereof, by filing a […]
Section 742.50 | Death Benefit.
Effective: April 6, 2017 Latest Legislation: House Bill 520 – 131st General Assembly As used in this section, “member’s contribution” means the total amount deducted from the salary of a member of the Ohio police and fire pension fund and credited to the member’s account in the fund. If a member of the fund dies […]