2006 Ohio Revised Code - 3309.43. Withdrawal of contributions by multi-system member.

§ 3309.43. Withdrawal of contributions by multi-system member.
 

(A)  Except as provided in division (B) of this section, a member of the school employees retirement system who has ceased to be an employee, and who is also a member of either the public employees retirement system or the state teachers retirement system, or both, may not withdraw the member's accumulated contributions. 

(B)  On application, the school employees retirement board shall pay a member described in division (A) of this section the member's accumulated contributions if either of the following applies: 

(1) The member also withdraws the member's contributions from such other systems. 

(2) The member is a participant in a plan established under section 145.81 or 3307.81 of the Revised Code and has withdrawn the member's contributions under plans described in sections 145.201 [145.20.1] to 145.79 and 3307.50 to 3307.79 of the Revised Code. 

The school employees retirement board may waive the annual expense fee where a member is contributing to another state retirement system provided such member is not at the same time contributing to the school employees retirement system. 
 

HISTORY: GC § 7896-105a; 120 v 40(53); 121 v 207(237); 123 v 717; Bureau of Code Revision, 10-1-53; 128 v 157(221) (Eff 8-1-59); 133 v S 409 (Eff 11-21-69); 144 v S 346 (Eff 7-29-92); 149 v S 247. Eff 10-1-2002.