reglab/housing_qa huggingface dataset:
Ohio Rev Code § 3307.461 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.461 | Establishing and Maintaining Qualified Governmental Excess Benefit Arrangement.

Effective: July 13, 2000|Latest Legislation:  Senate Bill 190 - 123rd General Assembly|The state teachers retirement board may establish and maintain a qualified governmental excess benefit arrangement that meets the requirements of division (m) of section 415 of the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 415, as amended, and any regulations adopted thereunder. If established, the arrangement shall be a separate portion of the state teachers retirement system and be maintained solely for the purpose of providing to retired members that part of a benefit otherwise payable under this chapter that exceeds the limits established by section 415 of the "Internal Revenue Code of 1986," as amended.Members participating in an arrangement established under this section shall not be permitted to elect to defer compensation to the arrangement. Contributions to and benefits paid under an arrangement shall not be payable from a trust that is part of the system unless the trust is maintained solely for the purpose of providing such benefits.The board shall adopt rules to administer an arrangement established under this section.
Ohio Rev Code § 3307.47 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.47 | Recovering Erroneous Payments.

Effective: January 7, 2013|Latest Legislation:  Senate Bill 342 - 129th General Assembly|(A) If a person is paid any benefit or payment by the state teachers retirement system under the plans described in section 3307.031 of the Revised Code or under section 3307.371 of the Revised Code to which the person is not entitled, the benefit shall be repaid to the system by the person. If the person fails to make the repayment, the system shall withhold the amount due from any benefit due the person or the person's beneficiary under this chapter. (B) If an alternate payee under section 3307.371 of the Revised Code fails to make a repayment required by division (A) of this section, the system may withhold the amount due from any benefit due the retirant who was subject to the order under which the alternate payee was paid or due a survivor or beneficiary of the retirant.(C) If a survivor or beneficiary of a retirant fails to make a repayment required by division (A) of this section, the system may withhold the amount due from any benefit or payment due any other survivor or beneficiary of the retirant receiving benefits or payments under this chapter.(D) If a child support enforcement agency fails to repay an overpayment of child support, the system may withhold the amount due from any benefit due a survivor or beneficiary of the retirant who was subject to the child support order.(E) If a person receives any payment pursuant to section 3307.39 of the Revised Code to which the person is not entitled, including any payment to a third party on the person's behalf, the payment to which the person is not entitled shall be repaid to the retirement system. If the person or third party fails to make the repayment, the retirement system shall withhold the amount due, or portion of the amount due, from any payment or benefit due the person or person's beneficiary under this chapter.(F) The retirement system may collect amounts due under this chapter in any other manner the system considers appropriate, as provided by law.
Ohio Rev Code § 3307.511 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.511 | Data Required for Preparation of Mortality and Service Tables.

Effective: July 13, 2000|Latest Legislation:  Senate Bill 190 - 123rd General Assembly|The state teachers retirement board shall collect and keep in convenient form such data as is necessary for the preparation of the required mortality and service tables, and for the compilation of such other information as is required for the actuarial valuation of the assets and liabilities of the funds listed in divisions (A) to (F) of section 3307.14 of the Revised Code. On the basis of mortality and service experience of the members, retirants, and beneficiaries of the state teachers retirement system, and other system retirants contributing in accordance with section 3307.35 of the Revised Code, the board shall adopt tables to be used for valuation purposes and for determining the amount of annuities to be allowed on the basis of the contributions.
Ohio Rev Code § 3307.512 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.512 | Amortizing Unfunded Actuarial Accrued Pension Liability.

Effective: January 7, 2013|Latest Legislation:  Senate Bill 342 - 129th General Assembly|The state teachers retirement board shall establish a period of not more than thirty years to amortize the state teachers retirement system's unfunded actuarial accrued pension liabilities for benefits paid under the STRS defined benefit plan. If in any year the period necessary to amortize the unfunded actuarial accrued pension liability exceeds thirty years, as determined by the annual actuarial valuation required by section 3307.51 of the Revised Code, the board, not later than ninety days after receipt of the valuation, shall prepare and submit to the Ohio retirement study council and the standing committees of the house of representatives and the senate with primary responsibility for retirement legislation a report that includes the following information: (A) The number of years needed to amortize the unfunded actuarial accrued pension liability as determined by the annual actuarial valuation;(B) A plan approved by the board that indicates how the board will reduce the amortization period of unfunded actuarial accrued pension liability to not more than thirty years.
Ohio Rev Code § 3307.513 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.513 | Annual Report Disability Retirement Experience of Each Employer.

Effective: April 6, 2007|Latest Legislation:  House Bill 272 - 126th General Assembly|Not later than September 1, 2000, and each first day of September thereafter, the state teachers retirement board shall make and submit a report for the preceding fiscal year of the disability retirement experience of each employer. The report shall specify the total number of disability applications submitted under section 3307.62 of the Revised Code, the status of each application as of the last day of the fiscal year, total applications granted or denied, and the percentage of disability benefit recipients, as defined in section 3307.50 of the Revised Code, to the total number of the employer's employees who are members of the state teachers retirement system. The report shall be submitted to the governor, the Ohio retirement study council, and the chairpersons of the standing committees and subcommittees of the senate and house of representatives with primary responsibility for retirement legislation.
Ohio Rev Code § 3307.52 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.52 | Service Credited at Retirement.

Effective: January 7, 2013|Latest Legislation:  Senate Bill 342 - 129th General Assembly|At the time of retirement under the STRS defined benefit plan, the total service credited a teacher shall consist of all the teacher's service as a teacher since the teacher last became a member and, if the teacher has a prior service certificate which is in full force and effect, all service certified on such prior service certificate.
Ohio Rev Code § 3307.53 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.53 | Computing Service Credit.

Effective: April 6, 2017|Latest Legislation:  House Bill 520 - 131st General Assembly|The state teachers retirement board shall credit a year of service to any teacher participating in the STRS defined benefit plan who is employed on a full-time basis in a school district for the number of months the regular day schools of such district are in session in said district within any year. The board shall adopt appropriate rules and regulations for the determination of credit for less than a complete year of service, and shall be the final authority in determining the number of years of service credit. The board shall credit not more than one year for all service rendered in any year.The board shall adopt rules for the purpose of determining the number of years or partial years of service credit to be granted to a member under section 3307.25 of the Revised Code. The amount of service credit shall be based on the member's length of participation in and contribution to an STRS defined contribution plan. The board shall be the final authority in determining the amount of service credit.
Ohio Rev Code § 3307.561 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.561 | Payments to Members Who Are Members of Another State Retirement System.

Effective: March 23, 2015|Latest Legislation:  Senate Bill 42 - 130th General Assembly|(A) As used in this section, "other retirement system" means the public employees retirement system or the school employees retirement system.(B) Except as provided in division (C) of this section, on application, a member of the state teachers retirement system who is also a member of one or both of the other retirement systems and has ceased to be a teacher for purposes of this chapter may be paid, in accordance with section 3307.56 of the Revised Code, the member's accumulated contributions to the state teachers retirement system, plus any applicable amount calculated under section 3307.563 of the Revised Code. This payment does not affect the member's membership in the other retirement systems or any right the member may have to a benefit or return of contributions under those systems.(C) This section does not apply to a member of one of the other retirement systems whose employment under that system is with the public employer that was the employer under the state teachers retirement system at the time the member's service subject to this chapter terminated.
Ohio Rev Code § 3307.563 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.563 | Interest Added to Withdrawn Contributions.

Effective: March 23, 2015|Latest Legislation:  Senate Bill 42 - 130th General Assembly|For the purposes of this section, "service credit" includes only service credit obtained pursuant to sections 3307.53, 3307.71, 3307.712, 3307.72, and 3307.77 of the Revised Code.(A) The state teachers retirement system shall add to a member's accumulated contributions to be paid under section 3307.56 or 3307.562 of the Revised Code an amount paid from the employers' trust fund equal to one of the following:(1) If the member has less than three full years of service credit, an amount equal to interest on the member's accumulated contributions, compounded annually, at a rate not greater than four per cent established by the board;(2) If the member has three or more full years of service credit, but less than five full years, an amount equal to interest on the member's accumulated contributions, compounded annually, at a rate not greater than six per cent established by the board;(3) If the member has five or more full years of service credit, the sum of the following amounts:(a) An amount equal to interest on the member's accumulated contributions, compounded annually, at a rate not greater than six per cent established by the board;(b) An amount equal to fifty per cent of the sum of the member's contributions under section 3307.26, any contributions restored under sections 3307.71 and 3307.712 of the Revised Code to the extent that the amount paid to restore the credit included amounts received by the member under division (A)(3)(b) of this section, and contributions deducted or paid under section 3307.77 of the Revised Code plus interest on that amount at a rate not greater than six per cent established by the board.Interest for each year included in the calculation under this section shall be calculated from the first day of the following year to the last day of the month preceding payment under section 3307.56 or 3307.562 of the Revised Code.(B) Notwithstanding sections 3307.56 and 3307.562 of the Revised Code, neither a member who returned to contributing service after receiving disability benefits nor the beneficiaries, survivors, or estate of a deceased member who was granted disability benefits prior to death is eligible for the payment of any amount calculated under this section.
Ohio Rev Code § 3307.59 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.59 | Disability Allowance Recipient Applying for Service Retirement.

Effective: January 7, 2013|Latest Legislation:  Senate Bill 342 - 129th General Assembly|(A) A recipient of a disability allowance under section 3307.631 of the Revised Code whose allowance will terminate under that section may make application for service retirement under this section. The retirement shall be effective on the first day of the first month following the last day for which the disability allowance is paid. (B) The annual allowance payable under this section shall consist of the sum of the amounts determined under divisions (B)(1) and (2) of this section:(1) The greater of the following:(a) An allowance calculated as provided in section 3307.58 of the Revised Code, excluding any period during which the applicant received a disability benefit under section 3307.631 of the Revised Code;(b) An allowance calculated by multiplying the applicant's total service credit, including service credit for the last continuous period during which the applicant received a disability benefit under section 3307.631 of the Revised Code, by two and two-tenths per cent of the applicant's final average salary, except that the allowance shall be determined without application of division (B) of section 3307.501 of the Revised Code and shall not exceed forty-five per cent of the applicant's final average salary.(2) Using the allowance calculated under division (B)(1) of this section adjusted for the plan of payment selected by the member under section 3307.60 of the Revised Code, an amount equal to the additional allowance the recipient would receive under section 3307.67 of the Revised Code, plus any other additional amount the recipient would receive under this chapter, for the recipient's most recent continuous period of receipt of a disability benefit under section 3307.631 of the Revised Code.(C) The allowance calculated under division (B) of this section adjusted for the plan of payment selected by the member under section 3307.60 of the Revised Code, exclusive of any amount added under division (B)(2) of this section based on section 3307.67 of the Revised Code, shall be the base for all future additional allowances under section 3307.67 of the Revised Code.The anniversary date for future additional allowances under section 3307.67 of the Revised Code shall be the effective date of the recipient's most recent continuous period of receipt of a disability benefit under section 3307.631 of the Revised Code.(D) The retirement allowance determined under this section shall be paid as provided in section 3307.58 of the Revised Code.
Ohio Rev Code § 3307.63 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.63 | Benefits Upon Disability Retirement.

Effective: April 6, 2017|Latest Legislation:  House Bill 520 - 131st General Assembly|A member participating in the STRS defined benefit plan who has elected disability coverage under this section, has not attained age sixty, and is determined by the state teachers retirement board under section 3307.62 of the Revised Code to qualify for a disability benefit shall be retired on disability under this section.Upon disability retirement, a member shall receive an annual amount that shall consist of:(A) An annuity having a reserve equal to the amount of the member's accumulated contributions at that time;(B) A pension that shall be the difference between the annuity and an annual amount determined by multiplying the number of years of Ohio service credit of such member, and in addition the number of years and fraction of a year between the effective date of the member's disability retirement and the date the member attained age sixty, assuming continuous service, by two per cent of the member's final average salary. Such disability retirement shall not be less than thirty per cent nor more than seventy-five per cent of the member's final average salary, except that it shall not exceed any limit to which the retirement system is subject under section 415 of the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 415, as amended.If the member is not receiving a disability benefit under section 3307.57 of the Revised Code, but is receiving a disability benefit from either the public employees retirement system or the school employees retirement system, then such member shall not be eligible for service credit based upon the number of years and fractions thereof between the date of disability and the date the member attained age sixty as otherwise provided in this section.A disability retirant under this section whose disability retirement has been terminated, when eligible, may apply for service retirement provided by section 3307.58 of the Revised Code.
Ohio Rev Code § 3307.631 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.631 | Annual Amount of Disability Allowance.

Effective: January 7, 2013|Latest Legislation:  Senate Bill 342 - 129th General Assembly|(A) A member participating in the STRS defined benefit plan who has disability coverage under this section and is determined by the state teachers retirement board under section 3307.62 of the Revised Code to qualify for a disability benefit shall receive a disability allowance under this section. The allowance shall be an annual amount equal to the greater of the following: (1) Forty-five per cent of the member's final average salary; (2) The member's total service credit multiplied by two and two-tenths per cent of the member's final average salary, not exceeding sixty per cent of the member's final average salary. (B) Sufficient reserves for payment of the disability allowance shall be transferred to the annuity and pension reserve fund from the employers' trust fund. The accumulated contributions of the member shall remain in the teachers' savings fund. No part of the allowance paid under this section shall be charged against the member's accumulated contributions. (C) A disability allowance paid under this section shall terminate at the earliest of the following: (1) The effective date of service retirement under section 3307.57 or 3307.58 of the Revised Code; (2) The date the allowance is terminated under section 3307.48 of the Revised Code; (3) The later of the last day of the month in which the recipient attains age sixty-five, or the last day of the month in which the benefit period ends as follows:Attained Age at Effective Date of Disability AllowanceBenefit Period60 or 6160 months62 or 6348 months64 or 6536 months66, 67, or 6824 months69 or older12 months
Ohio Rev Code § 3307.661 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.661 | Payment of Death Benefit.

Effective: January 7, 2013|Latest Legislation:  Senate Bill 342 - 129th General Assembly|On the death of a retirant or disability benefit recipient who at the time of death is receiving, under the STRS defined benefit plan, a service retirement allowance or disability benefit, the state teachers retirement system shall make a lump-sum payment of one thousand dollars to any designated or qualified beneficiary under division (D)(1) of section 3307.562 of the Revised Code. If there is no beneficiary, the state teachers retirement board may approve payment to either the person responsible for the burial expenses or to the decedent's estate following the completion of an application on a form approved by the board. A benefit paid under this section shall be treated as life insurance for purposes of this chapter and shall be funded solely from contributions made under section 3307.28 of the Revised Code on behalf of members participating in the STRS defined benefit plan, and any earnings attributable to those contributions.
Ohio Rev Code § 3307.671 (2021)
2021 Ohio Revised Code|Title 33 | Education-Libraries|Chapter 3307 | State Teachers Retirement System|Section 3307.671 | Establishing Temporary Supplemental Benefit Fund.

Effective: January 7, 2013|Latest Legislation:  Senate Bill 342 - 129th General Assembly|In December 1980, and in December of each year thereafter, the state teachers retirement board may allocate an amount from the guarantee fund created in division (E) of section 3307.14 of the Revised Code to establish a temporary supplemental benefit fund for the purpose of making a lump sum benefit payment to all persons receiving an allowance, pension, or benefit under the STRS defined benefit plan for each of the twelve months preceding the first day of the following January. On or after July 1, 1980, and on or after the first day of July of each year thereafter, the board may determine the amount to be placed in a temporary supplemental benefit fund. Such amount, if placed, shall be not more than twenty-five per cent of the income from investments for the twelve months preceding the first day of July not otherwise required to be credited to the several funds set forth in section 3307.14 of the Revised Code.The board shall adopt rules to administer this supplemental benefit. The rules shall recognize the effective date of the allowance, pension, or benefit and the years of Ohio service credit for each recipient as an equitable basis for allocating the amount payable to each recipient.If the board determines that a supplemental benefit shall be paid under this section, it shall pay such amount within sixty calendar days following its allocation to the supplemental benefit fund.Amounts paid pursuant to this section shall not be included in the base for increasing an allowance, pension, or benefit provided in section 3307.67 of the Revised Code and shall not incur any obligation or liability for future payments under this section.