Chapter 3307 - STATE TEACHERS RETIREMENT SYSTEM

Section 3307.01 - State teachers retirement system - definitions.
Section 3307.011 - [Repealed].
Section 3307.012 - [Repealed].
Section 3307.013 - Amended and Renumbered RC 3307.501.
Section 3307.02 to 3307.022 - Amended and Renumbered RC 3307.75 to 3307.752.
Section 3307.03 - State teachers retirement system - board.
Section 3307.031 - Composition of state teachers retirement system.
Section 3307.04 - General administration and management vested in board.
Section 3307.041 - Travel expense policies - bonus policy - budget.
Section 3307.042 - Ethics policy - commission approval - ethics training.
Section 3307.043 - Chief investment officer - supervision duties - monitoring of securities transactions.
Section 3307.044 - Selection of internal auditor.
Section 3307.05 - Board membership.
Section 3307.051 - Orientation program required for new members - continuing education.
Section 3307.052 - Members with excessive travel expenses ineligible for another term.
Section 3307.06 - Board elections.
Section 3307.061 - Disqualification of convicted member - misconduct in office - removal procedure.
Section 3307.07 - Procedure for electing board members.
Section 3307.071 - No election if only one candidate nominated.
Section 3307.072 - Candidate campaign finance statements - donor statement of independent expenditures.
Section 3307.073 - Filing of statements - prohibited campaign activities.
Section 3307.074 - Complaint alleging violation of RC 3307.073 - procedure - fine.
Section 3307.075 - Adoption of election rules - certification of nominating petitions and election results.
Section 3307.08 - Oath of office.
Section 3307.09 - Quorum.
Section 3307.10 - Expenses - liability insurance.
Section 3307.11 - Officers - executive director.
Section 3307.111 - Amended and Renumbered RC 3307.151.
Section 3307.12 - Treasurer of state is custodian of funds.
Section 3307.121 - Annual statement of amount of funds furnished by treasurer.
Section 3307.13 - Legal adviser.
Section 3307.131 - Actions; Venue.
Section 3307.14 - Creation of funds - trustees.
Section 3307.141 - Each fund is separate legal entity.
Section 3307.142 - Interest compounded annually credited to accounts of members and funds.
Section 3307.143 - Discontinuation of health care coverage; transfer of surplus.
Section 3307.15 - Investment and fiduciary duties of board.
Section 3307.151 - Prohibited business transactions.
Section 3307.152 - Designation of Ohio-qualified agents - selection policy - increased utilization - annual report.
Section 3307.153 - Annual disclosures to Ohio Ethics Commission.
Section 3307.154 - Designation of Ohio-qualified investment managers - utilization - annual report.
Section 3307.16, 3307.17 - [Repealed].
Section 3307.18 - Trustee or employee of board shall have no interest in profits nor borrow funds.
Section 3307.181 - Restrictions on fiduciaries.
Section 3307.19 - Maintenance of individual account.
Section 3307.20 - Disclosure of records.
Section 3307.201 - Amended and Renumbered RC 3307.512.
Section 3307.21 - Notifying teacher of duties and obligations under chapter.
Section 3307.211 - Certifying names of covered employees.
Section 3307.212 - Notifying board of personnel changes.
Section 3307.213 - Maintaining records and furnishing assistance.
Section 3307.214 - Information to new employees.
Section 3307.22 - Amended and Renumbered RC 3307.73.
Section 3307.23 - [Repealed].
Section 3307.231 - Verifying termination of active service.
Section 3307.24 - Denying membership to certain classes of teachers.
Section 3307.241 - [Repealed].
Section 3307.25 - Electing defined benefit or defined contribution plan; election to cease participation.
Section 3307.251 - Employee with less than 5 years of service electing to participate in STRS defined contribution plan.
Section 3307.252 - Effect of electing STRS defined contribution plan.
Section 3307.26 - Contributions.
Section 3307.261 - Contributions during disability leave.
Section 3307.27 - Employer pick up of teacher contributions.
Section 3307.28 - Employer contribution.
Section 3307.281 to 3307.283 - Amended and Renumbered RC 3307.70, 3307.711, 3307.712.
Section 3307.29 - Deductions certified.
Section 3307.291 - Transmitting payments monthly.
Section 3307.292 - Failure of employer to transmit amounts due.
Section 3307.30 - Levying additional taxes.
Section 3307.31 - Deducting employer contributions from state aid moneys.
Section 3307.311 - Amended and Renumbered RC 3307.78.
Section 3307.32 - Payment of amounts due retirement system from treasury.
Section 3307.33 - Termination of membership.
Section 3307.34 - [Repealed].
Section 3307.35 - Employment of retirant.
Section 3307.351 - Continuing contributions to state system after retirement.
Section 3307.352 - Retirant may apply for monthly annuity or lump sum payment.
Section 3307.353 - Reemployed superannuate or rehire in position filled by vote of members of board or commission.
Section 3307.354 - Supeprannuates or other system retirants.
Section 3307.36 - Amended and Renumbered RC 3307.52.
Section 3307.37 - Restitution order based on theft in office or certain sex offenses.
Section 3307.371 - Order for division of marital property.
Section 3307.372 - Forfeiture of retirement benefits under RC 2929.192.
Section 3307.373 - Benefits subject to termination.
Section 3307.38 to 3307.384 - Amended and Renumbered RC 3307.58, 3307.35, 3307.691, 3307.79, 3307.692.
Section 3307.39 - Group health insurance coverage for retired persons and survivors.
Section 3307.391 - Establishing programs for long term health care insurance.
Section 3307.392 - Lump sum payment for death benefit.
Section 3307.393 - Additional deposits to fund medical expenses.
Section 3307.40 - Amended and Renumbered RC 3307.392.
Section 3307.401 to 3307.4013 - Amended and Renumbered RC 3307.693, 3307.694, 3307.67, 3307.695, 3307.61, 3307.696, 3307.697, 3307.671, 3307.698, 3307.699, 3307.6910, 3307.46, 3307.6911.
Section 3307.41 - Tax exemptions.
Section 3307.411, 3307.412 - Amended and Renumbered RC 3307.76, 3307.761.
Section 3307.42 - Acquiring vested right in pension when granted; suspension of benefits.
Section 3307.421 - Amended and Renumbered RC 3307.513.
Section 3307.43, 3307.431 - Amended and Renumbered RC 3307.63, 3307.631.
Section 3307.44 - Waiver of rights.
Section 3307.45 - [Repealed].
Section 3307.46 - Increasing pension, benefit, or allowance when limits of 26 USC 415 are raised.
Section 3307.461 - Establishing and maintaining qualified governmental excess benefit arrangement.
Section 3307.47 - Recovering erroneous payments.
Section 3307.48 - Disability benefit recipients.
Section 3307.49 - Amended and Renumbered RC3307.66.
Section 3307.50 - Defined benefit plan definitions.
Section 3307.501 - Final average salary.
Section 3307.51 - Actuarial valuation of pension assets, liabilities, and funding requirements.
Section 3307.511 - Data required for preparation of mortality and service tables.
Section 3307.512 - Amortizing unfunded actuarial accrued pension liability.
Section 3307.513 - Annual report disability retirement experience of each employer.
Section 3307.514 - Study to determine percentage of electing employee's compensation to be contributed by public institution of higher education.
Section 3307.515 - Amended and Renumbered RC 3307.771.
Section 3307.52 - Service credited at retirement.
Section 3307.53 - Computing service credit.
Section 3307.54 - [Repealed].
Section 3307.55 - [Repealed].
Section 3307.56 - Payment to member who ceases to be a teacher.
Section 3307.561 - Payments to members who are members of another state retirement system.
Section 3307.562 - Designation or qualification of beneficiaries.
Section 3307.563 - Interest added to withdrawn contributions.
Section 3307.57 - Coordinating and integrating membership in state retirement systems.
Section 3307.58 - Eligibility for service retirement.
Section 3307.59 - Disability allowance recipient applying for service retirement.
Section 3307.60 - Retirant may elect plan of payment.
Section 3307.61 - [Repealed].
Section 3307.62 - Eligibility for disability benefits.
Section 3307.63 - Benefits upon disability retirement.
Section 3307.631 - Annual amount of disability allowance.
Section 3307.64 - [Renumbered].
Section 3307.65, 3307.651 - Amended and Renumbered RC 3307.14, 3307.142.
Section 3307.66 - Beneficiary may substitute other benefits.
Section 3307.661 - Payment of death benefit.
Section 3307.67 - Cost of living increase.
Section 3307.671 - Establishing temporary supplemental benefit fund.
Section 3307.68 - Amended and Renumbered RC 3307.96.
Section 3307.69 - Recalculating benefits.
Section 3307.691 - Annual lifetime benefit.
Section 3307.692 - Annual single lifetime benefit based on 30 or more years service.
Section 3307.693 - Supplementing allowance.
Section 3307.694 - Additional allowance on or after 7-1-68.
Section 3307.695 - Additional monthly payment as of 12-31-71.
Section 3307.696 - Additional monthly payment where member died prior to 7-1-68.
Section 3307.697 - Additional monthly payment as of 12-19-73.
Section 3307.698 - Increase in monthly allowance, pension or benefit effective 7-1-81.
Section 3307.699 - Increase in benefits established prior to 2-1-83.
Section 3307.6910 - Increase in benefits for awards prior to 7-1-79.
Section 3307.6911 - Recalculating benefits to counter effect of inflation.
Section 3307.6912 - Recalculating retirement allowances for retirants prior to 1945 and 1947.
Section 3307.6913 - Recalculating annual single lifetime benefit.
Section 3307.6914 - Recalculating benefits based on cumulative percentage change in CPI.
Section 3307.70 - Purchasing service credits.
Section 3307.701 - Payroll deduction plans.
Section 3307.71 - Restoring service credit.
Section 3307.711 - Payroll deduction plans - restoring PERS or SERS credit.
Section 3307.712 - Proceedings on request for restoration of service credit.
Section 3307.72 - Credit for years of service where employer failed to make contributions.
Section 3307.73 - Purchase of service credit for period of self-exemption.
Section 3307.74 - Credit for prior service - comparable public position.
Section 3307.741 - [Repealed].
Section 3307.75 - Credit for military service.
Section 3307.751 - Purchasing military service credit.
Section 3307.752 - Purchasing uniformed services credit.
Section 3307.76 - Credit for time served in other state retirement systems.
Section 3307.761 - Credit for service in uniform retirement system.
Section 3307.762 - Transferring service credit and contributions between STRS and Cincinnati retirement system.
Section 3307.763 - Eligibility for credit for service in Cincinnati retirement system.
Section 3307.764 - Transferring contributions to Cincinnati retirement system.
Section 3307.765 - Transferred service credit from uniform retirement system.
Section 3307.77 - Purchasing service credit for period of approved absence or leave.
Section 3307.771 - Purchasing service credit for time spent on pregnancy or adoption.
Section 3307.78 - Purchasing credit for service as school board member.
Section 3307.79 - Years of service credit of deceased member dying prior to 7-1-73 - right of survivor to purchase service credit.
Section 3307.80 - Rules for defined contribution plans.
Section 3307.81 - Establishment and administration of defined contribution plan.
Section 3307.811 - Qualification of plan for federal tax purposes.
Section 3307.812 - Tax exemptions and deferrals.
Section 3307.83 - Member rights governed by plan selected.
Section 3307.84 - Transfer of portion of employer contribution to employers' trust fund to mitigate negative financial impact on system.
Section 3307.86 - Furnishing contributions and information at more frequent intervals.
Section 3307.87 - Spousal consent or waiver.
Section 3307.88 - [Repealed].
Section 3307.881 - [Repealed].
Section 3307.882 - [Repealed].
Section 3307.89 - Offering participation in defined contribution plan to members in defined benefit plan.
Section 3307.96 - [Repealed].
Section 3307.97 - [Repealed].
Section 3307.98 - [Repealed].
Section 3307.99 - Penalty.