Section 742.462 | Order for Division of Marital Property.
Effective: January 1, 2016 Latest Legislation: House Bill 64 – 131st General Assembly (A) As used in this section, “alternate payee,” “benefit,” “lump sum payment,” “participant,” and “public retirement program” have the same meanings as in section 3105.80 of the Revised Code. (B) On receipt of an order issued under section 3105.171 or 3105.65 of […]
Section 742.40 | Disability Benefit Recipient to Agree to Obtain Recommended Medical Treatment.
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly (A) As used in this section, “disability benefit recipient” means a member of the Ohio police and fire pension fund who is receiving a disability benefit pursuant to division (C)(2), (3), (4), or (5) of former section 742.37 of the Revised Code […]
Section 742.463 | Forfeiture of Retirement Benefits Under Rc 2929.192.
Effective: May 13, 2008 Latest Legislation: Senate Bill 3 – 127th General Assembly (A) Notwithstanding any other provision of this chapter, any payment of accumulated contributions standing to a person’s credit under this chapter and any other amount or amounts to be paid to a person who is a contributor under this chapter upon the […]
Section 742.41 | Annual Statement of Funds.
Effective: September 29, 2011 Latest Legislation: House Bill 153 – 129th General Assembly (A) As used in this section: (1) “Other system retirant” has the same meaning as in section 742.26 of the Revised Code. (2) “Personal history record” includes a member’s, former member’s, or other system retirant’s name, address, telephone number, social security number, […]
Section 742.42 | Maintenance of Individual Account.
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 provide for the maintenance of an individual account with each member of the fund and other system retirant showing the amount of the member’s or retirant’s contributions.
Section 742.43 | Deferred Retirement Option Plan Established.
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 establish and administer a deferred retirement option plan. In establishing and administering the plan, the board shall comply with sections 742.44 to 742.446 of the Revised Code and may […]
Section 742.44 | Electing to Participate in Deferred Retirement Option Plan.
Effective: January 7, 2013 Latest Legislation: Senate Bill 340 – 129th General Assembly Except as provided in section 742.14 of the Revised Code, at any time prior to filing an application for retirement under division (C)(1) of section 742.37 of the Revised Code, a member who has attained the requisite age and is eligible to […]
Section 742.441 | Effect of Electing to Participate in Deferred Retirement Option Plan.
Effective: July 23, 2002 Latest Legislation: Senate Bill 134 – 124th General Assembly A member who makes an election under section 742.44 of the Revised Code shall continue in the active service of a police or fire department but shall not earn service credit under this chapter for employment after the election’s effective date. While […]
Section 742.442 | Determining Pension Amount if Electing to Participate in Deferred Retirement Option Plan.
Effective: January 7, 2013 Latest Legislation: Senate Bill 340 – 129th General Assembly For each member who elects to participate in the deferred retirement option plan, the Ohio police and fire pension fund shall determine under division (C)(1) of section 742.37 of the Revised Code the monthly pension amount that would be payable to the […]
Section 742.443 | Accrual of Monthly Pension Amount, Cost-of-Living Increases and Member Contributions if Electing to Participate in Deferred Retirement Option Plan.
Effective: January 7, 2013 Latest Legislation: Senate Bill 340 – 129th General Assembly (A) During the period beginning on the effective date of an election to participate in the deferred retirement option plan and ending on the date participation ceases, a member’s monthly pension amount determined under section 742.442 of the Revised Code shall accrue […]