OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM ... - OPERS

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utilization by the board of Ohio-qualified investment managers, when an Ohio-qualified investment manager offers quality, services, and safety comparable to other investment managers otherwise available to the board. The policy shall also provide for the following: (a) A process whereby the board can develop a list of Ohio-qualified investment managers and their investment products; (b) A process whereby the board can give public notice to Ohio-qualified investment managers of the board's search for an investment manager that includes the board's search criteria. (2) The board shall determine whether an investment manager is an Ohio-qualified investment manager and whether the investment manager offers quality, services, and safety comparable to other investment managers otherwise available to the board. The board's determination shall be final. (C) The board shall, at least annually, submit to the Ohio retirement study council a report containing the following information: (1) The name of each investment manager designated as an Ohio-qualified investment manager under this section; (2) The name of each investment manager with which the board contracts; (3) The amount of assets managed by Ohio-qualified investment managers, expressed as a percentage of the total assets held by the retirement system and as a percentage of assets managed by investment managers with which the board has contracted; (4) The compensation paid to Ohio-qualified investment managers, expressed as a percentage of total compensation paid to all investment managers with which the board has contracted; (5) Any other information requested by the Ohio retirement study council regarding the board's use of investment managers. (ENACTED: SB133, Eff. 9/15/04) Sec. 145.12 Annual statement to fiscal officers; appropriation and payment to employer contribution The public employees retirement board shall prepare and submit to the board of county commissioners and county auditor of each county, to the executive head of each municipal corporation, park district, conservancy district, health district, and metropolitan housing authority, to the board of township trustees of each township, and to the board of trustees of each public library, and to each employer, except the state of Ohio, mentioned in division (D) of section 145.01 of the Revised Code, prior to the fifteenth day of July of each year, a certification of the rate necessary to pay the obligation of each county, municipal corporation, park district, conservancy district, health district, township, metropolitan housing authority, or public library accruing during the year beginning the first day of January of the following year, and shall submit to the budget commission of each county a copy of such statement for said county and for each municipal corporation, township, and public library within such county. The rate so certified to each county, township, public library, and municipal corporation shall be a percentage of the earnable salary of all contributors in the employ of such employer, and an amount determined by multiplying the total annual earnable salary of all such contributors employed by the employer by such rate and the amount so determined shall be included in its budget and allowed by the budget commission. 36
The board of county commissioners of each county, the legislative authority of each municipal corporation, the board of commissioners of any park district, the board of directors of any conservancy district, the members of any metropolitan housing authority, the fiscal officers of any health district, the board of township trustees of each township, and the board of trustees of each public library shall appropriate sufficient funds to provide for such obligations. The board of county commissioners of each county, the legislative authority of each municipal corporation, the board of commissioners of any park district, the board of directors of any conservancy district, the members of any metropolitan housing authority, the fiscal officers of any health district, the board of township trustees of each township, and the board of trustees of each public library may reimburse the fund from which such appropriation is made by transferring to such fund from any other fund of such subdivision the proportionate amount of such appropriation that should be chargeable to such fund whether such fund is derived from taxation or otherwise. Such payment may be made directly out of any funds, whether derived from taxation or otherwise, from which the salaries or compensation of public employees, on account of whom such payments are to be made, are payable. Upon certification by the public employees retirement board of the amount due by an employer within any county who is subject to this chapter, such payment shall be made from any fund or funds in the hands of the county auditor for distribution to such employer. (HB 744, Eff. 6/29/55; SB 386, Eff. 9/16/57; HB 502, Eff. 4/24/86; HB 382, Eff. 6/30/91; HB 628, Eff. 9/21/00) Sec. 145.13 Denomination of bonds Bonds purchased from any taxing district of the state shall be in the denomination required by the public employees retirement board in its resolution of purchase. Sec. 145.14 Percentage of funds available for annuities and other payments; deposit For the purpose of meeting disbursements for annuities and other payments in excess of the receipts, there shall be kept available by the treasurer of state an amount not exceeding ten per cent of the total amount in the funds provided for by this chapter, on deposit in any bank or banks in this state, organized under the laws thereof, or under the laws of the United States, or with any trust company or trust companies incorporated by the law of this state. Said banks or trust companies shall furnish adequate security for said deposit. The sum so deposited in any one bank or trust company shall not exceed twenty-five per cent of the paid-up capital and surplus of said bank or trust company. (HB 628, Eff. 9/21/00) Sec. 145.15 Employee information provided by each department The head of each department shall submit to the public employees retirement board a statement showing the name, sex, title, earnable salary, duties, date of birth, and length of service as a public employee of every public employee in his department. (HB 502, Eff. 4/24/86) Sec. 145.16 Statement to be filed by employee member Each public employee shall file a detailed statement of all his previous service as a public 37
Page 1 and 2: OHIO PUBLIC EMPLOYEES RETIREMENT SY
Page 3 and 4: CHAPTER 145 OHIO REVISED CODE TABLE
Page 5 and 6: Sec. 145.327 Additional monthly pay
Page 7 and 8: Sec. 145.01 Definitions Chapter 145
Page 9 and 10: (H)(1) “Total service credit,”
Page 11 and 12: employer and employee contributions
Page 13 and 14: Revised Code, means employment cove
Page 15 and 16: house sergeant at arms, assistant h
Page 17 and 18: (7) Who is a member of the board of
Page 19 and 20: employer, the system shall not requ
Page 21 and 22: county municipal court who, upon co
Page 23 and 24: employees retirement system by sign
Page 25 and 26: Sec. 145.05 Terms of members; elect
Page 27 and 28: an election to fill a vacancy on th
Page 29 and 30: eflect independent expenditures mad
Page 31 and 32: nature is ineligible for election t
Page 33 and 34: successor retirant member who shall
Page 35 and 36: Sec. 145.091 Administration of plan
Page 37 and 38: Sec. 145.095 Internal audit committ
Page 39 and 40: Sec. 145.112 Transactions prohibite
Page 41: (3) The board shall determine wheth
Page 45 and 46: (1) At the time employment begins,
Page 47 and 48: periods of service after January 1,
Page 49 and 50: The board shall submit the report t
Page 51 and 52: Sec. 145.23 Funds The funds hereby
Page 53 and 54: ond of the treasurer of state cover
Page 55 and 56: applies to purchase the credit by a
Page 57 and 58: Sec. 145.293 Purchase of credit for
Page 59 and 60: (C) A member of the public employee
Page 61 and 62: (c) With respect to other county em
Page 63 and 64: Sec. 145.298 State institutions; cl
Page 65 and 66: “military service credit” means
Page 67 and 68: (G) At the request of the public em
Page 69 and 70: 742.21, 742.214, 742.375, 5505.201,
Page 71 and 72: (B) Upon reemployment in the public
Page 73 and 74: (G) A member who, on March 17, 2000
Page 75 and 76: Sec. 145.31 Restoration of membersh
Page 77 and 78: (B) The attainment of minimum age o
Page 79 and 80: 1959 14.3 1960 12.5 1961 11.3 1962
Page 81 and 82: (B) The board need not make the hos
Page 83 and 84: includes any amount paid pursuant t
Page 85 and 86: 1977 20.5 1978 13.5 1979 4.0 (C) An
Page 87 and 88: may apply for an age and service re
Page 89 and 90: (j) Any person who is originally em
Page 91 and 92: the amount of such commuted reserve
Page 93 and 94:
(G) In the event an employer files
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ecipient's disability benefit shall
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or 3307.563 of the Revised Code. If
Page 99 and 100:
(7) As used in this division, “em
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Sec. 145.382 Retirant’s allowance
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(2) A benefit under this section sh
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(b) Three months have elapsed since
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(B) This division applies to any me
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145.01 of the Revised Code, or was
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member was domiciled at the time of
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(1)(a) Number Annual Benefit as Or
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(C)(1) Regardless of whether the me
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in a lesser amount payable for life
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(C) If the retirement allowances, a
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in division (B) of this section for
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(B) Except as provided in division
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next succeeding the amount, with in
Page 127 and 128:
Payment less the deductions shall b
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withholding order for purposes of r
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(b) If the charge against the perso
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insurance under division (C) of thi
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(2) "Plan B" means a plan of paymen
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(H) Receipt of the first month's an
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The board may administer the plans,
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purchase of service credit by a mem
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Consent is valid only if it is evid
Page 145 and 146:
Appendix A Long Term Care Program S
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Sec. 2907.15 Other restitution orde
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(C) Service of a notice required by
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a member, electing employee, partic
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Sec. 3305.01 Definitions Appendix C
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(D) Notwithstanding sections 125.01
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starting date of employment, the pe
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etirement system pursuant to divisi
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division (D) of section 3305.06 of
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division, all of the following appl
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Appendix D Tax Sec. 5747.071 Retire
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furnishing the auditor of state wit
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not to retain an order that provide
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(B) If the participant has applied
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accordance with section 111.15 of t
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members. The council shall organize
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The council is not subject to Chapt
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(e) The person's interest in the po
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prescribed by the "Fair Labor Stand
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Sec. 2901.43 Duty to notify (A)(1)
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(2) A violation of an existing or f
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Section Accounts Annual statement o
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Section Inequality of employers ...
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Section Former Cincinnati Correctio
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Section Removal of board members ..
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OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM ... - OPERS

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