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Ohio Revised Code
Title 33
Chapter 3307
State Teachers Retirement System
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3307.01
State teachers retirement system - definitions.
3307.03
State teachers retirement system - board.
3307.031
Composition of state teachers retirement system.
3307.04
General administration and management vested in board.
3307.041
Travel expense policies - bonus policy - budget.
3307.042
Ethics policy - commission approval - ethics training.
3307.043
Chief investment officer - supervision duties - monitoring of securities transactions.
3307.044
Selection of internal auditor.
3307.05
Board membership.
3307.051
Orientation program required for new members - continuing education.
3307.052
Members with excessive travel expenses ineligible for another term.
3307.06
Board elections.
3307.061
Disqualification of convicted member - misconduct in office - removal procedure.
3307.07
Procedure for electing board members.
3307.071
No election if only one candidate nominated.
3307.072
Candidate campaign finance statements - donor statement of independent expenditures.
3307.073
Filing of statements - prohibited campaign activities.
3307.074
Complaint alleging violation of R.C. 3307.073 - procedure - fine.
3307.075
Adoption of election rules - certification of nominating petitions and election results.
3307.08
Oath of office.
3307.09
Quorum.
3307.091
Digital board meeting attendance.
3307.10
Expenses - liability insurance.
3307.11
Officers - executive director.
3307.12
Treasurer of state is custodian of funds.
3307.121
Annual statement of amount of funds furnished by treasurer.
3307.13
Legal adviser.
3307.131
Actions; Venue.
3307.14
Creation of funds - trustees.
3307.141
Each fund is separate legal entity.
3307.142
Interest compounded annually credited to accounts of members and funds.
3307.143
Discontinuation of health care coverage; transfer of surplus.
3307.15
Investment and fiduciary duties of board.
3307.151
Prohibited business transactions.
3307.152
Designation of Ohio-qualified agents - selection policy - increased utilization - annual report.
3307.153
Annual disclosures to Ohio Ethics Commission.
3307.154
Designation of Ohio-qualified investment managers - utilization - annual report.
3307.18
Trustee or employee of board shall have no interest in profits nor borrow funds.
3307.181
Restrictions on fiduciaries.
3307.19
Maintenance of individual account.
3307.20
Disclosure of records.
3307.21
Notifying teacher of duties and obligations under chapter.
3307.211
Certifying names of covered employees.
3307.212
Notifying board of personnel changes.
3307.213
Maintaining records and furnishing assistance.
3307.214
Information to new employees.
3307.231
Verifying termination of active service.
3307.24
Denying membership to certain classes of teachers.
3307.25
Electing defined benefit or defined contribution plan; election to cease participation.
3307.251
Employee with less than 5 years of service electing to participate in STRS defined contribution plan.
3307.252
Effect of electing STRS defined contribution plan.
3307.26
Contributions.
3307.261
Contributions during disability leave.
3307.27
Employer pick up of teacher contributions.
3307.28
Employer contribution.
3307.29
Deductions certified.
3307.291
Transmitting payments monthly.
3307.292
Failure of employer to transmit amounts due.
3307.30
Levying additional taxes.
3307.31
Deducting employer contributions from state aid moneys.
3307.32
Payment of amounts due retirement system from treasury.
3307.33
Termination of membership.
3307.35
Employment of retirant.
3307.351
Continuing contributions to state system after retirement.
3307.352
Retirant may apply for monthly annuity or lump sum payment.
3307.353
Reemployed superannuate or rehire in position filled by vote of members of board or commission.
3307.354
Superannuates or other system retirants.
3307.37
Restitution order based on theft in office or certain sex offenses.
3307.371
Order for division of marital property.
3307.372
Forfeiture of retirement benefits under R.C. 2929.192.
3307.373
Benefits subject to termination.
3307.39
Group health insurance coverage for retired persons and survivors.
3307.391
Establishing programs for long term health care insurance.
3307.392
Lump sum payment for death benefit.
3307.393
Additional deposits to fund medical expenses.
3307.41
Tax exemptions.
3307.42
Acquiring vested right in pension when granted; suspension of benefits.
3307.44
Waiver of rights.
3307.46
Increasing pension, benefit, or allowance when limits of 26 U.S.C. 415 are raised.
3307.461
Establishing and maintaining qualified governmental excess benefit arrangement.
3307.47
Recovering erroneous payments.
3307.48
Disability benefit recipients.
3307.50
Defined benefit plan definitions.
3307.501
Final average salary.
3307.51
Actuarial valuation of pension assets, liabilities, and funding requirements.
3307.511
Data required for preparation of mortality and service tables.
3307.512
Amortizing unfunded actuarial accrued pension liability.
3307.513
Annual report disability retirement experience of each employer.
3307.514
Study to determine percentage of electing employee's compensation to be contributed by public institution of higher education.
3307.52
Service credited at retirement.
3307.53
Computing service credit.
3307.56
Payment to member who ceases to be a teacher.
3307.561
Payments to members who are members of another state retirement system.
3307.562
Designation or qualification of beneficiaries.
3307.563
Interest added to withdrawn contributions.
3307.57
Coordinating and integrating membership in state retirement systems.
3307.58
Eligibility for service retirement.
3307.59
Disability allowance recipient applying for service retirement.
3307.60
Retirant may elect plan of payment.
3307.62
Eligibility for disability benefits.
3307.63
Benefits upon disability retirement.
3307.631
Annual amount of disability allowance.
3307.66
Beneficiary may substitute other benefits.
3307.661
Payment of death benefit.
3307.67
Cost of living increase.
3307.671
Establishing temporary supplemental benefit fund.
3307.69
Recalculating benefits.
3307.691
Annual lifetime benefit.
3307.692
Annual single lifetime benefit based on 30 or more years service.
3307.693
Supplementing allowance.
3307.694
Additional allowance on or after 7/1/1968.
3307.695
Additional monthly payment as of 12/31/1971.
3307.696
Additional monthly payment where member died prior to 7/1/1968.
3307.697
Additional monthly payment as of 12/19/1973.
3307.698
Increase in monthly allowance, pension or benefit effective 7/1/1981.
3307.699
Increase in benefits established prior to 2/1/1983.
3307.6910
Increase in benefits for awards prior to 7/1/1979.
3307.6911
Recalculating benefits to counter effect of inflation.
3307.6912
Recalculating retirement allowances for retirants prior to 1945 and 1947.
3307.6913
Recalculating annual single lifetime benefit.
3307.6914
Recalculating benefits based on cumulative percentage change in CPI.
3307.70
Purchasing service credits.
3307.701
Payroll deduction plans.
3307.71
Restoring service credit.
3307.711
Payroll deduction plans - restoring PERS or SERS credit.
3307.712
Proceedings on request for restoration of service credit.
3307.72
Credit for years of service where employer failed to make contributions.
3307.73
Purchase of service credit for period of self-exemption.
3307.74
Credit for prior service - comparable public position.
3307.75
Credit for military service.
3307.751
Purchasing military service credit.
3307.752
Purchasing uniformed services credit.
3307.76
Credit for time served in other state retirement systems.
3307.761
Credit for service in uniform retirement system.
3307.762
Transferring service credit and contributions between STRS and Cincinnati retirement system.
3307.763
Eligibility for credit for service in Cincinnati retirement system.
3307.764
Transferring contributions to Cincinnati retirement system.
3307.765
Transferred service credit from uniform retirement system.
3307.77
Purchasing service credit for period of approved absence or leave.
3307.771
Purchasing service credit for time spent on pregnancy or adoption.
3307.78
Purchasing credit for service as school board member.
3307.79
Years of service credit of deceased member dying prior to 7/1/1973 - right of survivor to purchase service credit.
3307.80
Rules for defined contribution plans.
3307.81
Establishment and administration of defined contribution plan.
3307.811
Qualification of plan for federal tax purposes.
3307.812
Tax exemptions and deferrals.
3307.83
Member rights governed by plan selected.
3307.84
Transfer of portion of employer contribution to employers' trust fund to mitigate negative financial impact on system.
3307.86
Furnishing contributions and information at more frequent intervals.
3307.87
Spousal consent or waiver.
3307.89
Offering participation in defined contribution plan to members in defined benefit plan.
3307.99
Penalty.