Ohio Admin. Code 145-2-32 - Crediting of interest to beneficiaries lump sum payments

For purposes of determining the interest credited to a deceased member's account under section 145.471 of the Revised Code, interest shall be earned through the last day of the month prior to the first payment to a beneficiary under section 145.43 of the Revised Code.

Notes

Ohio Admin. Code 145-2-32

Five Year Review (FYR) Dates: 9/30/2021 and 09/30/2026
Promulgated Under: 111.15
Statutory Authority: 145.09
Rule Amplifies: 145.431, 145.471
Prior Effective Dates: 01/01/2017

Effective: 1/1/2017
Five Year Review (FYR) Dates: 09/29/2021
Promulgated Under: 111.15
Statutory Authority: 145.09
Rule Amplifies: 145.431, 145.471