Ohio Admin. Code 145-3-21

Current through all regulations passed and filed through October 28, 2024

Section 145-3-21 - Purchase of service credit by combined plan members

(A) This rule amplifies division (C) of section 145.82 of the Revised Code and section 3.05 of the combined plan document.

(B) A member participating in the combined plan may purchase service credit under section 145.20, 145.201, 145.291, 145.292, 145.293, 145.299, 145.2915, 145.302, or 145.47 of the Revised Code, former section 145.295, 145.2911, or 145.2913 of the Revised Code as they existed prior to January 7, 2013, or section 3.11 or 3.12 of the combined plan document.

(C) For purposes of determining the member's eligibility to purchase service credit under section 145.28, 145.295, 145.2911, or 145.2913 of the Revised Code or section 3.11 of the combined plan document, "eighteen months of contributing service credit in the system" means eighteen months of contributing service credit under the combined plan, inclusive of service credit transferred from a prior plan to the combined plan pursuant to rule 145-3-40 of the Administrative Code.

Ohio Admin. Code 145-3-21

Five Year Review (FYR) Dates: 9/30/2019 and 09/29/2024
Promulgated Under: 111.15
Statutory Authority: 145.80
Rule Amplifies: 145.20, 145.201, 145.28, 145.29, 145.291, 145.292, 145.293, 145.295, 145.2
Prior Effective Dates: 01/01/2003, 12/24/2004, 01/01/2009, 01/07/2013 (Emer.), 03/24/2013, 07/07/2013 (Emer.), 09/16/2013, 01/01/2016

Effective: 1/1/2016
Five Year Review (FYR) Dates: 09/24/2019
Promulgated Under: 111.15
Statutory Authority: 145.80
Rule Amplifies: 145.01, 145.20, 145.201, 145.28, 145.29, 145.291, 145.292, 145.293, 145.295, 145.299, 145.2911, 145.2913, 145.2915, 145.301, 145.302, 145.47, 145.81, 145.82
Prior Effective Dates: 1/1/03, 12/24/04, 1/1/09, 1/7/13 (Emer.), 3/24/13, 7/7/13 (Emer.), 9/16/13