OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM ... - OPERS

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
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