Ohio Administrative Code

11.15 PDF: Service credit for periods of absence due to pregnancy leave or pregnancy resignation or adoption of a child may be purchased, subject to sections 3307.70 and 3307.771 of the Revised Code and the following requirements and procedures:(A) Eligibility requirements:(1) A …

11.15 PDF: (A) Application for the purchase of service credit pursuant to section 3307.78 of the Revised Code shall be made on a form approved by the retirement system and shall include certification of the service.(B) A member may purchase credit for service as a school board or…

11.15 PDF: (A) A member may make application for the purchase of service credit under section 3307.73 of the Revised Code if a total of at least one and one-half years of contributing service under this system or eighteen months of contributing service credit under the public emp…

11.15 PDF: The following plan for restoration or purchase of service credit by payroll deduction is hereby established pursuant to section 3307.701 of the Revised Code:(A) Service credit eligible for payment by payroll deduction shall be determined as follows:(1) Effective Januar…

11.15 PDF: (A) As provided in section 3307.73, 3307.74, 3307.751, 3307.76, 3307.771, or 3307.78 of the Revised Code, a member may purchase service credit at a cost that is equal to one hundred percent of the actuarial liability resulting from the purchase. The cost for each year …

11.15 PDF: The following criteria and procedures are established by the retirement board pursuant to section 3307.501 of the Revised Code.(A) As used in section 3307.501 of the Revised Code and this rule, a percentage increase shall be considered to be generally applicable if:(1)…

11.15 PDF: By authority of section 3307.04 and section 3307.60 of the Revised Code, the following rule shall apply to the plans of payment provided in section 3307.58 and 3307.60 of the Revised Code:(A) The provisions for reselection of a plan of payment set forth in this paragra…

11.15 PDF: By authority of sections 3307.04 and 3307.60 of the Revised Code, the following rule shall apply to the plans of payment provided in sections 3307.58, 3307.59 and 3307.60 of the Revised Code:(A) The provisions for reselection of a plan of payment set forth in this para…

11.15 PDF: (A) All retirants subject to division (I)(1)(b) of section 3307.60 of the Revised Code shall indicate such requirement on his or her application for service retirement benefits submitted to the retirement system and shall provide a copy of the court order or court orde…

11.15 PDF: (A) Amounts due to a retirant receiving retirement benefits under a plan described in division (A) of section 3307.60 of the Revised Code and unpaid at death shall be paid to the retirant's surviving beneficiary or beneficiaries under the plan on a prorated basis. The …

11.15 PDF: (A) For purposes of division (E)(2) of section 3307.58 of the Revised Code, the percentage for reducing the annual single lifetime benefit of a member described in division (B)(2) of section 3307.58 of the Revised Code shall be the percentage that provides the member t…

11.15 PDF: By authority provided in section 3307.671 of the Revised Code, the state teachers retirement board shall establish the following rule for determining the amount of the temporary supplementary benefit fund, if allocated:(A) A temporary supplementary benefit will be paid…

11.15 PDF: Chapter 3307:1-7 of the Administrative Code is adopted to establish the definitions, procedures and guidelines needed to fulfill the requirements of sections 3307.48, 3307.62, 3307.63, and 3307.631 of the Revised Code and to assure fair and impartial evaluation of all …

11.15 PDF: (A) The retirement board shall appoint an independent physician to serve as chair of the medical review board and as medical advisor to the retirement board. The chair so appointed shall:(1) Request and review medical evidence from the applicant or applicant's attendin…

11.15 PDF: Each applicant or recipient shall be responsible for providing medical evidence needed by the retirement system and for cooperating fully with all assigned medical examinations, as follows:(A) Medical evidence or reports from an attending physician shall be filed with …

11.15 PDF: (A) If the medical review board or its chair determines that through medical treatment or mechanical devices an applicant's condition might be improved, within the twelve month period following the filing of an application, consideration of the application may be delay…

11.15 PDF: The following procedures are hereby established for the appeal of any denial or termination of disability benefits by the retirement board following an independent medical examination by the state teachers retirement system.(A) At least seven days before a recommendati…

11.15 PDF: The following rule is established pursuant to section 3307.48 of the Revised Code, which specifies that each disability benefit recipient shall submit to an annual independent medical examination. The retirement board may require additional examinations if the chair of…

11.15 PDF: (A) Pursuant to section 3307.48 of the Revised Code each recipient shall by April thirtieth of each year, or such other date designated by the retirement board, submit a statement of annual earnings to the retirement system.(B) The statement submitted by each recipient…

11.15 PDF: The following rule is established pursuant to section 3307.57 of the Revised Code, which specifies that to coordinate and integrate membership in the state retirement systems, the state retirement system calculating and paying the disability benefit shall certify the d…

11.15 PDF: The following procedures are hereby established pursuant to section 3307.48 of the Revised Code for the appeal of termination of disability benefits by the retirement board when a recipient performed teaching services as defined by rule 3307:1-7-01 of the Administrativ…

11.15 PDF: (A) As used in section 3307.66 of the Revised Code and this rule:(1) "Continuously incompetent" means a person was determined to be physically or mentally incompetent and has remained physically or mentally incompetent without any break since the determination was made…

11.15 PDF: (A) For beneficiary designations completed in a manner satisfactory to the state teachers retirement system in its sole discretion, where two or more beneficiaries were designated pursuant to division (B) of section of 3307.562 of the Revised Code, the state teachers r…

11.15 PDF: Pursuant to section 3307.392 of the Revised Code, the retirement board hereby establishes a death benefit plan for additional lump-sum payments to the beneficiary or beneficiaries of members granted service or disability benefits.(A) An election to participate in the p…

11.15 PDF: Except where another definition is specified, for the purposes of sections 3307.80 to 3307.89 of the Revised Code and Chapters 3307:2-1 to 3307:2-6 of the Administrative Code all definitions can be found in the plan document, which is the document or documents adopted …

11.15 PDF: (A) Defined contribution program. Pursuant to section 3307.81 of the Revised Code, the retirement board hereby establishes a defined contribution program effective July 1, 2001, consisting of such plans as the board may from time to time establish.The terms and conditi…

11.15 PDF: (A) For purposes of section 3307.25 of the Revised Code, Chapter 3307:2-3 of the Administrative Code and the plan document:(1) "Teacher" shall be a contributing member of the retirement system employed in a position that meets the requirements set forth in division (B)…

11.15 PDF: (A) A participant in the defined contribution plan or the combined plan may make contributions for periods when Ohio teaching service was interrupted by military service under the same terms and conditions as specified for participants in the defined benefit plan by se…

11.15 PDF: Section 3307.77 of the Revised Code permits a teacher in the combined plan to complete contributions for a period during which the teacher was prevented by illness, injury, a leave granted pursuant to section 3319.13 or 3319.131 of the Revised Code, or other reasons ap…

11.15 PDF: Application for a distribution from the defined contribution program shall be in accordance with the terms and conditions specified by the plan document. In no case shall a distribution be made prior to the termination of covered employment. Calculation and payment of …

11.15 PDF: Upon termination of teaching service, a participant in the defined contribution plan may apply for a distribution, as follows:(A) Application may be made for withdrawal of the amount determined under the plan document and this rule.(1) The amount payable upon withdrawa…

11.15 PDF: Upon termination of teaching service, a participant in the combined plan may apply for a distribution, as follows:(A) Application may be made for withdrawal of the amounts determined under the plan document and this rule.(1) An application to withdraw the defined benef…

11.15 PDF: (A) A defined contribution program participant granted a monthly benefit from the member account upon attainment of a minimum age of fifty and termination of covered employment may elect a monthly benefit in accordance with the terms and conditions of the plan document…

11.15 PDF: (A) A participant in the combined plan may apply for disability benefits specified by the plan document.(B) An application for a disability benefit under the combined plan and continuing eligibility for such a benefit shall be evaluated, reevaluated, and administered a…

11.15 PDF: (A) In the event of the death of a combined plan participant prior to payment to the participant of both the defined benefit and defined contribution portions of the account, payment shall be made as permitted by this rule.(B) Dependent, service, or retirement based su…

11.15 PDF: Membership shall begin on the first date of compensated service for which employee contributions have been received by SERS. Last updated October 25, 2023 at 2:14 PM Authorized By: 3309.04 Amplifies: 3309.01, 3309.23, 3309.36, 3309.39 Five Year Review Date: 2/1/2027

11.15 PDF: (A) This rule amplifies and is in addition to the provisions of division (V) of section 3309.01 of the Revised Code.(B) Definitions(1) "Salary" means base salary paid to an employee as set forth in the employee's contract, a collective bargaining agreement, or employer…

11.15 PDF: (A) The school employees retirement board authorizes its administrative staff to make determinations on member and benefit matters in accordance with Chapter 3309. of the Revised Code, this chapter, and policies of the retirement board. This authority includes, but is …

11.15 PDF: (A) The school employees retirement board shall conduct elections in accordance with Chapter 3309. of the Revised Code and this rule.(B) Notifications(1) At a regular meeting of the retirement board but no later than July in the fiscal year in which an election of memb…

11.15 PDF: (A) Pursuant to section 3309.14 of the Revised Code, payment of employee bonuses are subject to the guidelines established by the school employees retirement board as reflected in the investment department incentive plan. The plan shall be reviewed and approved on an a…

11.15 PDF: (A) For purposes of division (A)(4) of section 3309.157 and section 3309.159 of the Revised Code, an investment manager may be designated as an "Ohio-qualified investment manager" if the investment manager and/or any parents, affiliates, or subsidiaries of the investme…

11.15 PDF: (A) For purposes of this rule, "retirant" means a "SERS retirant" or "other system retirant" as defined in section 3309.341 of the Revised Code, or a member who retired under section 3309.343 of the Revised Code.(B) An application for payment of the accumulated contrib…

11.15 PDF: (A) Effective July 1, 1953 all annuities, retirement allowances, and benefits provided by law and payable in monthly installments shall be due and payable in full on the first day of the month.(B) All annuities, retirement allowances, and benefits shall be paid on the …

11.15 PDF: (A) For purposes of this rule;(1) "Applicable age" is defined as the age of the member as provided in Internal Revenue Code (401)(a)(9)(C)(v), as amended.(2) "Benefit" refers to a payment from the accumulated contributions of the member or the employer, or both, under …

11.15 PDF: (A) For purposes of this rule, "direct deposit" means an electronic fund transfer directly to an individual's account at a financial institution.(B) All retirement allowances and benefits payable under Chapter 3309. of the Revised Code shall be paid by direct deposit.(…

11.15 PDF: (A) A request for a determination as to whether an individual or a group of individuals are required to be members of the school employees retirement system may be initiated by an employer, an affected individual, or the retirement system.(1) An employer or individual …

11.15 PDF: (A) Any contribution or contributions received for a particular month, beginning with September 1, 1937 and ending June 30, 1955, for credit to a member's savings account shall receive .125% of a year's service credit for that particular month, provided, that no more t…