The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1920-08-17
NEW LAW REGARDING
RETIREMENT PENSION
FOR SCHOOL TEACHERS
County Superintendent Mar
riot Receives A Copy OF
The New LauU

interpretations of the phases of the
state law governing the retirement
pension for Ohio school teachers is
given in the following communica'
ton to Superintendent ]. G. Marriott,
this morning, from Mr.. Kershner, Sec
retary of the state retirement system;
| A teacher who has not been in ac'
tive service lin Ohio) for one or more
years prior to Sept. /, 1920 may estab-
lish membership in the State Teach
ers Retirement System with prior SER
vice credit for service in the public
schools of Ohio prior to Sept. l, 1920,
yb the following procedure:
| (a) He must be regularly elected
prior to Sept. /, 1920, for the year
192O-21 by a Board of Education in
Ohio;
CD The Board of Education must
certify his election to the Retirement
Board. Blanks will be sent Boards for
that purpose.
(c) He must have valid certifi-
cate.
(d) He must be in service on Sept.
1, 1920 or on the first day of school
after Sept. 1, 1920.
J BY following the above procedure
exactly, membership will be establish
ed on the first day of school with pri-
or service credit.
A teacher Cif member) who has
attained the age Of sixty years may
ask for retirement Immediately after
establishing membership by making
written application to the Retirement
Board for retirement. Such teacher
need not render any additional ac-
tive service but will be retired upon
request and the retirement will be as
of August 81, 1921. The payment of
his pension will begin Sept. 1921.
Teachers who retire Immediately
after establishing membership will, Of
course, not have any accumulated
contributions with which to purchase
an annuity. Their pensions will,
therefore, be entirely for prior SER
vice. Sec. 7S96-35 G. c. defines the
prior service pension as follows:
&c. one and one-third percentum of
his final average salary multiplied by
the number of years of service certi-
fled in his prior service certificate"
The definition of final average sal
ary" is given in Sec. 1861 G. c. as
follows:
"Final average salary shall mean
the average annual compensation, not
exceeding two thousand dollars year,
during the ten years Immediately pre-
ceding his date of retirement"
The amount of the prior service
pension will depend upon the final av
erage salary. 1t was hoped that this
might be based upon the average for
the last ten years OF service prior to
the date of retirement, but 1t is ex-
tremely probable, in fact almost GER
tain, that we shall be obliged to COM
pute the fina average salary on sal
aries since 1910, or on the ten years
Immediately preceding the date Of re-
tirement. In the case of teacher
who had not taught continuously for
the last ten years and who wished to
retire Immediately after establishing
membership, the final average salary
would be reduced by this lack of con-
tinuous service. For example, II such
a teacher had taught but five years
since 1910 at a salary of 100000 a
year and had been out of service the
other five years, his total compepsa
tion as a teacher, in the ten years
Immediately preceding the date of his
retirement would be five thousand
dollars. and this divided by ten would
give five hundred dollars as his fin
al average salary. The final average
salary of a teacher who had been out
of active, service for the ten years
would be nothing. The law provides
that teacher retiring after 80 year.
of service shall not receive less thar
twenty-five dollars per month as q to
tai retirement allowance.
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