LegalFix
Sign In

Section 3309.43 - Payments to members who are members of another state retirement system.

Ohio Rev Code § 3309.43 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(A) As used in this section, "other retirement system" means the public employees retirement system or the state teachers retirement system.

(B) Except as provided in division (C) of this section, on application, a member of the school employees retirement system who is also a member of one or both of the other retirement systems and has ceased to be an employee under this chapter may be paid, in accordance with section 3309.42 of the Revised Code, the member's accumulated contributions to the school employees retirement system. This payment does not affect the member's membership in the other retirement systems or any right the member may have to a benefit or return of contributions under those systems.

(C) This section does not apply to a member of one of the other retirement systems whose employment under that system is with the public employer that was the employer under the school employees retirement system at the time the member's service subject to this chapter terminated.

Added by 130th General Assembly File No. TBD, SB 42, §1, eff. 3/23/2015.

Previous Section
Section 3309.42 - Payment to member who ceases to be a public employee.
Next Section
Section 3309.44 - Designation or qualification of beneficiaries.