2011 Ohio Revised Code
Title [7] VII MUNICIPAL CORPORATIONS
Chapter 742: POLICE AND FIRE PENSION FUND
742.31 [First of two versions] Contribution by employee.
Each employee shall contribute an amount equal to ten per cent of the employee’s salary to the Ohio police and fire pension fund. The amount shall be deducted by the employer from the employee’s salary as defined in division (L) of section 742.01 of the Revised Code for each payroll period, irrespective of whether the minimum compensation provided by law for the employee is reduced thereby. Every employee shall be deemed to consent to the deductions, and payment to the employee less the deductions is a complete discharge and acquittance of all claims and demands for the services rendered by the employee during the period covered by such payment.
Effective Date: 11-02-1999
This section is set out twice. See also § 742.31, as amended by 129th General Assembly File No. 10, SB 5, § 1, subject to referendum.
742.31 [Second of two versions] Contribution by employee
Each employee shall contribute an amount equal to ten per cent of the employee’s salary to the Ohio police and fire pension fund. The contributions required under this section shall not be paid by an employer on an employee’s behalf, but may be treated as employer contributions for purposes of state and federal income tax deferred income provisions.
The amount shall be deducted by the employer from the employee’s salary as defined in division (L) of section 742.01 of the Revised Code for each payroll period, irrespective of whether the minimum compensation provided by law for the employee is reduced thereby. Every employee shall be deemed to consent to the deductions, and payment to the employee less the deductions is a complete discharge and acquittance of all claims and demands for the services rendered by the employee during the period covered by such payment.
Amended by 129th General Assembly File No. 10, SB 5, § 1. This amendment is subject to referendum in the Nov. 8, 2011 election.
Effective Date: 11-02-1999
The amendment to this section by 129th General Assembly File No. 10, SB 5, § 1 has been made subject to referendum in the upcoming November, 2011 election.
This section is set out twice.
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