2011 Ohio Revised Code
Title [33] XXXIII EDUCATION - LIBRARIES
Chapter 3309: PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM
3309.95 Right to payment or benefit vested.
Subject to sections 3309.341, 3309.66, 3309.67, 3309.672, and 3309.673 of the Revised Code, the right of a member participating in a plan established under section 3309.81 of the Revised Code to any payment or benefit accruing from contributions made by or on behalf of the member under sections 3309.85 and 3309.86 of the Revised Code shall vest in accordance with this section.
A member’s right to any payment or benefit that is based on the member’s contributions is nonforfeitable.
A member’s right to any payment or benefit that is based on contributions by the member’s employer is nonforfeitable as specified by the plan selected by the member.
Amended by 129th General Assembly File No. 16, HB 123, § 101, eff. 7/29/2011.
Effective Date: 04-09-2001; 2008 SB3 05-13-2008
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