Ohio Admin. Code 3309-1-29 - [Effective until 4/1/2024] Purchase of service credit; out-of-state and other
(A) All service in
public or private schools, colleges and universities or public service with
another state or the United States government which is to be purchased shall be
subject to the following requirements, governing eligibility and cost:
(1) To be eligible to purchase service under
this rule, after termination of the service to be purchased, a member must have
been employed in a position covered by school
employees retirement system, and earned twelve continuous months of full-time
Ohio service
one year of Ohio service in a year
as defined in division (R) of section
3309.01 of the Revised
Code .
(2) The service credit
must be properly certified by the official employer or custodian of records on
a form acceptable to the retirement board. The certification should be taken
from a legitimate source of documentation such as payroll or retirement
records. When records have been destroyed, affidavits may be used, but only in
conjunction with other documented evidence as proof of service.
(3) Accrued interest shall be calculated from
the date of membership in the school employees retirement system of Ohio
following service to be purchased to the date of payment.
(4) The member will be entitled to purchase
any portion of the service credit under this rule not to exceed five years, or
the total accumulated number of years of Ohio contributing service credit,
whichever is less.
(5) Service
credit to be purchased shall be granted in accordance with the law and policy
of the school employees retirement board current at the time each portion of
service to be purchased was performed.
(6) School service purchased under this rule
shall receive .125 per cent of a year service credit per month of service
rendered prior to July 1, 1955, and .111 per cent of a year service credit per
month of service rendered after June 30, 1955 and before July 1, 1977. School
service performed after June 30, 1977 shall be determined by dividing the
number of days paid by one hundred eighty, if the employee worked less than one
hundred twenty days in the partial year to be purchased. All service other than
school service purchased under this rule shall receive .083 per cent of a year
service credit per month of service rendered.
(7) The Ohio service used for the purpose of
establishing the purchase price of service under this rule shall be the first
year of continuous full-time Ohio service following termination of the service
to be purchased.
(8) No more than
one year of service credit may be granted for any twelve-month
period.
(B) The
following types of service may be purchased under this rule:
(1) Service in a public or private school,
college or university, located in or out of Ohio and service in any school
operated by or for the United States government, provided any such school,
college or university is recognized by an accrediting association approved by:
(a) The U.S. office of education;
(b) The appropriate state department of
education; or
(c) The appropriate
state department of higher education, and acceptable to the retirement
board.
(2) Employment
with a public governmental entity of a state or of the United States government
which would have been covered by the school employees retirement system, state
teachers retirement system, Ohio police and fire pension fund, state highway
patrol retirement system, or the public employees retirement system, if served
in a comparable position in Ohio; and
(3) Except as provided in division (C) of
section 3309.31 of the Revised Code,
service for which contributions were made to a municipal retirement system in
Ohio.
(C) For purposes
of section 3309.31 of the Revised Code,
"Ohio service" means contributing service in this retirement system, public employees retirement system, state teachers
retirement system, Ohio police and fire pension fund, or state highway patrol
retirement system.
Notes
Promulgated Under: 111.15
Statutory Authority: 3309.04
Rule Amplifies: 3309.31
Prior Effective Dates: 12/14/1976, 12/16/1977, 06/29/1978, 05/14/1987, 11/19/2001 (Emer.), 02/11/2002, 05/14/2005, 04/02/2010, 04/28/2013
Promulgated Under: 111.15
Statutory Authority: 3309.04
Rule Amplifies: 3309.31
Prior Effective Dates: 12/14/76, 12/16/77, 6/29/78, 5/14/87, 11/19/01 (emer), 2/11/02, 5/14/05, 4/2/10, 4/28/13
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