2006 Ohio Revised Code - [3309.66.1] 3309.661.Person acquires vested right in pension when granted.
[§ 3309.66.1] § 3309.661. Person acquires vested right in pension when granted.
The granting of a retirement allowance, annuity, pension, or other benefit to any person pursuant to action of the school employees retirement board vests a right in such person, so long as he remains the recipient of any of the funds established by
section 3309.60 of the Revised Code, to receive such retirement allowance, annuity, pension, or benefit. Such right shall also be vested with equal effect in the recipient of a grant heretofore made from any of the funds named in
section 3309.60 of the Revised Code.
HISTORY: 126 v 1047(1094) (Eff 6-29-55); 128 v 229 (Eff 8-1-59); 144 v H 382. Eff 6-30-91.
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