Ohio Administrative Code Title 145 - Public Employees Retirement System
Ohio Administrative Code โ Title 145: Public Employees Retirement System (PERS)
Title 145 of the Ohio Administrative Code governs the Public Employees Retirement System (PERS), which manages retirement benefits for eligible public employees in Ohio. This title outlines the rules and regulations for membership, contributions, service credit, benefits, retirement eligibility, and administrative procedures under PERS.
๐ Key Chapters and Areas Covered in Title 145
Hereโs a summary of the major topics typically addressed under this title:
๐น Membership and Contributions
Defines who is eligible for membership in PERS (e.g., public employees, elected officials).
Sets rules for member and employer contribution rates.
Describes reporting responsibilities of employers.
๐น Service Credit
Rules for earning, purchasing, or restoring service credit.
Types of service credit: prior service, military service, and leaves of absence.
Conversion of unused sick leave and other types of creditable service.
๐น Retirement Benefits
Requirements for retirement (age and service combinations).
Calculation of retirement allowances.
Options for benefit plans: Single Life, Joint and Survivor, etc.
Early retirement provisions and penalties.
๐น Disability and Survivor Benefits
Procedures for applying for disability retirement.
Eligibility and benefits for survivors of deceased members.
Reemployment rules for disability recipients.
๐น Health Care Coverage
Availability of post-retirement health care (non-guaranteed benefit).
Premiums, eligibility criteria, and plan options.
๐น DROP โ Deferred Retirement Option Plan
Rules for participation in DROP (available to law enforcement personnel).
Interest accrual and payout upon separation.
๐น Refunds and Lump-Sum Payments
Conditions under which members may request a refund of their contributions.
Tax implications and rollover options.
๐น Administrative Provisions
Appeals process for denied claims or disputes.
Rulemaking authority of the PERS board.
Reporting, auditing, and penalties for noncompliance.
๐๏ธ Governing Body
Administered by the Ohio Public Employees Retirement Board.
Title 145 is implemented under authority granted by Ohio Revised Code Chapter 145.
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