2006 Ohio Revised Code - [3309.37.1] 3309.371.Supplemental allowance.

[§ 3309.37.1] § 3309.371. Supplemental allowance.
 

On and after October 1, 1957, all persons in receipt of, or who are or become eligible to receive, a monthly allowance, pension, or other benefit effective prior to June 29, 1955, which is payable or becomes payable pursuant to sections 3309.36 to 3309.38, 3309.40, and 3309.65 of the Revised Code, or an allowance payable at any time under an option elected by a member and effective prior to that date, shall be paid an increased allowance, pension, or benefit as follows: 

(A) An amount determined by increasing the original allowance, pension, or benefit by the following percentages as determined by the calendar year in which the allowance, pension, or benefit became effective:       
 
    Calendar Year
Effective        Per Cent
of
                                  Increase
          1937-1939                     100
             1940                        94
             1941                        89
             1942                        77
             1943                        70
             1944                        68
             1945                        66
             1946                        55
             1947                        35
             1948                        23
             1949                        25
             1950                        23
             1951                        8
             1952                        4
             1953                        3
             1954                        2
    Prior to June 29, 1955               2
 

(B) If the amount of any such allowance, pension, or other benefit is increased by division (A) of this section to an amount less than one hundred ten per cent of the present amount payable immediately prior to October 1, 1957, such present amount shall be increased by ten per cent. 

(C) On and after August 1, 1959, the monthly allowance, pension, or other benefit effective prior to June 29, 1955, (exclusive of any amount receivable monthly by reason of a voluntary deposit made for additional annuity), together with the supplemental allowance payable pursuant to divisions (A) and (B) of this section, shall be increased by twelve per cent. 
 

HISTORY: 127 v 675; 128 v 726 (Eff 7-10-59); 130 v 729 (Eff 10-14-63); 139 v H 694 (Eff 11-15-81); 139 v S 550 (Eff 11-26-82); 149 v H 299. Eff 6-29-2001.