2006 Ohio Revised Code - 3305.01. Definitions.

§ 3305.01. Definitions.
 

As used in this chapter: 

(A) "Public institution of higher education" means a state university as defined in section 3345.011 [3345.01.1] of the Revised Code, the northeastern Ohio universities college of medicine, or a university branch, technical college, state community college, community college, or municipal university established or operating under Chapter 3345., 3349., 3354., 3355., 3357., or 3358. of the Revised Code. 

(B) "State retirement system" means the public employees retirement system created under Chapter 145. of the Revised Code, the state teachers retirement system created under Chapter 3307. of the Revised Code, or the school employees retirement system created under Chapter 3309. of the Revised Code. 

(C) "Eligible employee" means any person employed as a full-time employee of a public institution of higher education. 

In all cases of doubt, the board of trustees of the public institution of higher education shall determine whether any person is an eligible employee for purposes of this chapter, and the board's decision shall be final. 

(D) "Electing employee" means any eligible employee who elects, pursuant to section 3305.05 or 3305.051 [3305.05.1] of the Revised Code, to participate in an alternative retirement plan provided pursuant to this chapter or an eligible employee who is required to participate in an alternative retirement plan pursuant to division (C)(4) of section 3305.05 or division (F) of section 3305.051 [3305.05.1] of the Revised Code. 

(E) "Compensation," for purposes of an electing employee, has the same meaning as the applicable one of the following: 

(1) If the electing employee would be subject to Chapter 145. of the Revised Code had the employee not made an election pursuant to section 3305.05 or 3305.051 [3305.05.1] of the Revised Code, "earnable salary" as defined in division (R) of section 145.01 of the Revised Code; 

(2) If the electing employee would be subject to Chapter 3307. of the Revised Code had the employee not made an election pursuant to section 3305.05 or 3305.051 [3305.05.1] of the Revised Code, "compensation" as defined in division (L) of section 3307.01 of the Revised Code; 

(3) If the electing employee would be subject to Chapter 3309. of the Revised Code had the employee not made an election pursuant to section 3305.05 or 3305.051 [3305.05.1] of the Revised Code, "compensation" as defined in division (V) of section 3309.01 of the Revised Code. 

(F) "Provider" means an entity designated under section 3305.03 of the Revised Code as a provider of investment options for an alternative retirement plan. 
 

HISTORY: 146 v H 586 (Eff 3-31-97); 148 v S 190 (Eff 7-13-2000); 148 v H 535. Eff 4-1-2001; 150 v S 133, § 1, eff. 8-1-05; 151 v H 16, § 1, eff. 5-6-05; 151 v H 16, § 2.01, eff. 8-1-05; 151 v H 478, § 2, eff. 7-1-06.
 

The effective date is set by § 8 of 151 v H 478. 

The effective date is set by § 2.03 of 151 v H 16. 

The effective date is set by section 4 of S.B. 133 (150 v  - ). 

Not analogous to former RC § 3305.01 (GC § 154-47; 120 v 475; 122 v 241; Bureau of Code Revision, 10-1-53; 125 v 288; 132 v H 1), repealed, 134 v H 511, § 2, eff 1-1-74.

 

Effect of Amendments

151 v H 478, effective July 1, 2006, in (A), deleted "the medical university of Ohio at Toledo" preceding "the northeastern Ohio". 

Section 1, 151 v H 16, effective May 6, 2005, in (A), substituted "university of Ohio" for "college of Ohio". Section 2.01, 151 v H 16, effective August 1, 2005, in (A), substituted "university of Ohio" for "college of Ohio". 

Section 1, 150 v S 133, effective August 1, 2005, rewrote (C) and (D); and inserted "3305.051" three times throughout (E).