There is a newer version of the Ohio Revised Code
2006 Ohio Revised Code - 742. Police and Fire Pension Fund.
- 742.01. Definitions.
- · · · [742.01.1] 742.011.Persons called to active military duty considered members of fund.
- 742.02. Creation, purpose of fund.
- 742.03. Board of trustees.
- · · · [742.03.1] 742.031.Orientation program for new members; continuing education.
- · · · [742.03.2] 742.032.Ineligibility of certain members for re-election or reappointment.
- 742.04. Election of employee and retirant members of board.
- · · · [742.04.1] 742.041.Election unnecessary if only one candidate nominated.
- · · · [742.04.2] 742.042.Filing of campaign finance statement or independent expenditure statement.
- · · · [742.04.3] 742.043.Failure to file statement; prohibitions concerning elections.
- · · · [742.04.4] 742.044.Complaint alleging violation.
- · · · [742.04.5] 742.045.Rules concerning elections; contract for election services.
- · · · [742.04.6] 742.046.Convictions resulting in loss of office; ineligibility for election; removal of board member.
- 742.05. Vacancies.
- 742.06. Oath of office.
- 742.07. Meetings.
- 742.08. Reimbursement of expenses of board members; liability insurance.
- 742.09. Legal counsel.
- 742.10. Powers.
- · · · [742.10.1] 742.101.Expense fund.
- · · · [742.10.2] 742.102.Policies regarding travel and payment of travel expenses and bonuses; operating budget; plan for disseminating public information.
- · · · [742.10.3] 742.103.Ethics policy and training.
- · · · [742.10.4] 742.104.Chief investment officer.
- · · · [742.10.5] 742.105.Committee to oversee selection of internal auditor.
- 742.11. Investment of funds.
- · · · [742.11.1] 742.111.Persons and entities that are prohibited from doing business with the fund.
- · · · [742.11.2] 742.112.Restrictions on action of fiduciary; liability; bond.
- · · · [742.11.3] 742.113.Trustee or employee conflicts of interest.
- · · · [742.11.4] 742.114.Designation and use of Ohio-qualified agents; policy concerning agents executing securities transactions.
- · · · [742.11.5] 742.115.Disclosures to ethics commission concerning agents.
- · · · [742.11.6] 742.116.Ohio-qualified investment managers.
- 742.12. Bonds of taxing districts.
- 742.13. Relationship of board and taxing district.
- 742.14. Annual actuarial valuation; report on contribution rates; actuarial analysis of proposal legislation; annual accounting of benefits.
- 742.15. Data collection and retention.
- 742.16. Amortization of unfunded actuarial accrued pension liability.
- 742.17-742.19 Repealed.
- 742.20. [Repealed]
- 742.21. Service credit as member of state or municipal retirement system.
- · · · [742.21.1] 742.211.Transfers of service credit and contributions between fund and Cincinnati retirement system.
- · · · [742.21.2] 742.212.Credit for service in Cincinnati retirement system.
- · · · [742.21.3] 742.213.Transfers to Cincinnati retirement system.
- · · · [742.21.4] 742.214.Transferred service credit from non-uniform retirement system.
- 742.22. Return to active duty after receiving disability benefits.
- · · · [742.22.1] 742.221.Credit for time spent on pregnancy or medical disability leave.
- 742.23. Municipal police department employee credit for service in fire department.
- 742.24. Municipal fire department employee credit for service in police department.
- 742.25. Member credit for service credit in superseded funds.
- · · · [742.25.1] 742.251.Credit for out-of-state or federal service.
- 742.26. Employment of OPFPF or other system retirant.
- · · · [742.26.1] 742.261.Renumbered.
- 742.27. Purchase of service credit for period of lay off.
- 742.28, 742.29 Repealed.
- 742.30. Payment of employer's accrued liability; agreement for single payment; biennial report.
- · · · [742.30.1] 742.301.Penalty and interest on late payment; withholding to satisfy delinquency.
- 742.31. Employee contributions.
- · · · [742.31.1] 742.311.Recommendations for financing of benefits.
- 742.32. Report of employee deductions; transmission of warrants or checks.
- 742.33. Police officer employers' contribution; annual tax levy.
- 742.34. Firefighter employers' contribution; annual tax levy.
- 742.35. Employer payments; late payment; delinquency.
- · · · [742.35.1] 742.351.Employer to provide information concerning member electing to retire.
- · · · [742.35.2] 742.352.Penalties for failing to transmit certain reports and payments.
- · · · [742.35.3] 742.353.Penalties for failing to transmit certain forms, reports and statements.
- 742.36. [Repealed]
- · · · [742.36.1] 742.361.Trustees to certify amount required.
- · · · [742.36.2] 742.362.Payment in lieu of employer contribution.
- 742.37. Benefit and pension payments.
- · · · [742.37.1] 742.371.Police officers to receive credit for service in another Ohio police or fire department.
- · · · [742.37.2] 742.372.Renumbered.
- · · · [742.37.3] 742.373.[Repealed]
- · · · [742.37.4] 742.374.Additional pension payments.
- · · · [742.37.5] 742.375.Police and firefighters to receive credit for service in state highway patrol.
- · · · [742.37.6] 742.376.Credit for service prior to 1-1-67 while enrolled in public employees retirement system.
- · · · [742.37.7] 742.377.Increased survivor's benefits.
- · · · [742.37.8] 742.378.Additional monthly payment.
- · · · [742.37.9] 742.379.Renumbered.
- · · · [742.37.10] 742.3710.Survivor's benefits increased.
- · · · [742.37.11] 742.3711.Effective until 10-27-06.
- · · · [742.37.11] 742.3711.Effective 10-27-06.
- · · · [742.37.12] 742.3712.Increase in monthly pension, allowance or benefit.
- · · · [742.37.13] 742.3713.Forty-six dollar increase in monthly benefit.
- · · · [742.37.14] 742.3714.Designation of contingent dependent beneficiary; annual allowance for certain surviving spouses.
- · · · [742.37.15] 742.3715.Election of retiree prior to 2-28-80 to change to optional plan; election by retirees prior to 9-16-98.
- · · · [742.37.16] 742.3716.Effective until 10-27-06.
- · · · [742.37.16] 742.3716.Effective 10-27-06.
- · · · [742.37.17] 742.3717.Effective until 10-27-06.
- · · · [742.37.17] 742.3717.Effective 10-27-06.
- · · · [742.37.18] 742.3718.Minimum pension or benefit for certain retirees prior to 9-9-88.
- · · · [742.37.19] 742.3719.Increase in benefit or allowance when § 415 limits raised.
- · · · [742.37.20] 742.3720.[Repealed]
- · · · [742.37.21] 742.3721.Qualified governmental excess benefit arrangement.
- 742.38. Minimum standards or procedures for physical examinations of prospective members; application for disability benefit; determinations.
- · · · [742.38.1] 742.381.Annual report on each employer's disability retirement experience.
- 742.39. Payment of disability benefits.
- 742.40. Disability benefit recipient may be required to obtain medical treatment; recipient considered to be on leave of absence; medical examination; annual statement of earnings.
- 742.41. Annual statement of funds; access to records; match with public assistance recipients.
- 742.42. Individual accounts.
Deferred Retirement Option Plan.
- 742.43. Deferred retirement option plan.
- 742.44. Election to participate in deferred retirement option plan.
- · · · [742.44.1] 742.441.Effect of election to participate.
- · · · [742.44.2] 742.442.Determination of pension amount; use of recalculated average salary prohibited.
- · · · [742.44.3] 742.443.Accrual of monthly pension amount, cost-of-living increases and member contributions; interest.
- · · · [742.44.4] 742.444.Termination of participation; selection of method of distribution and plan of payment; eight-year limitation.
- · · · [742.44.5] 742.445.Acceptance of disability benefit.
- · · · [742.44.6] 742.446.Death benefit.
- · · · [742.44.7] 742.447.Verification of termination of active service.
- 742.45. Deduction for group health insurance.
- 742.46. Vesting of right to pension or benefit.
- · · · [742.46.1] 742.461.Effect of theft in office or certain sex offenses on benefit or withdrawal.
- · · · [742.46.2] 742.462.Compliance with orders for division of marital property.
- 742.47. Exemption from attachment, garnishment, etc.
- 742.48. Notice of waiver.
- 742.49. [Repealed]
- 742.50. Death of member before receiving payments.
- 742.51. Member may elect to transfer from public employees retirement system to police and fire pension fund.
- · · · [742.51.1] 742.511.Transfer of police officers of new municipality prior to December 1, 1983.
- · · · [742.51.2] 742.512.Transfer of police officers of new municipality on or after December 1, 1983.
- · · · [742.51.3] 742.513.Officer of township assuming municipal status may transfer to fund.
- · · · [742.51.4] 742.514.Transfer of former Cincinnati park police officers to fund.
- · · · [742.51.5] 742.515.Firefighter's election to transfer from public employees retirement system.
- · · · [742.51.6] 742.516.Firefighter's election to transfer to public employees retirement system.
- 742.52. Purchase of military service credit.
- · · · [742.52.1] 742.521.Credit for service in armed forces.
- 742.53. Program for participation in contracts for long-term care insurance.
- 742.54. Volunteer firemen's relief and pension fund.
- 742.55. Expense vouchers.
- 742.56. Payroll deduction plan for purchase of service credit.
- 742.57. Effective until 12-1-06.
- 742.57. Effective 12-1-06.
- 742.58. Lump sum death benefit.
- 742.59. Funds created.
- 742.60. Separate status of funds.
Ohio Public Safety Officers.
Death Benefit Fund.
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