reglab/housing_qa huggingface dataset:
Ohio Rev Code § 145.08 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.08 | Reimbursing Expenses of Board Members - Liability Insurance.

Effective: August 25, 1995|Latest Legislation:  House Bill 226 - 121st General Assembly|(A) The members of the public employees retirement board shall serve without compensation but shall suffer no loss or penalty whatsoever because of absence from their regular employment to attend meetings authorized and called by the board. The board members shall be reimbursed for all actual necessary expenses from the expense fund created under division (E) of section 145.23 of the Revised Code.Any determination by the board that a meeting of the board, or any part of the board, is necessary shall be final.(B) The board may secure insurance coverage designated to indemnify board members and employees for their actions or conduct in the performance of official duties, and may pay required premiums for such coverage from the expense fund.(C) The board shall adopt rules in accordance with section 111.15 of the Revised Code establishing a policy for reimbursement of travel expenses incurred by board members in the performance of their official duties. As part of any audit performed under Chapter 117. of the Revised Code, an inquiry shall be made into whether board members have complied with these rules.(D) No board member shall accept payment or reimbursement for travel expenses, other than for meals and other food and beverages provided to the member, from any source other than the expense fund. Except in the case of an emergency, no out-of-state travel expenses shall be reimbursed unless approved in advance by a majority of the board at a regular board meeting.
Ohio Rev Code § 145.09 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.09 | Election of Chairperson and Appointment of Executive Director - Powers and Duties of Board.

Effective: August 18, 2019|Latest Legislation:  Senate Bill 221 - 132nd General Assembly|The public employees retirement board shall elect from its membership a chairperson. The board shall appoint an executive director who shall serve as secretary to the board, an actuary, and other employees as necessary for the transaction of the business of the public employees retirement system. The compensation of all persons so appointed shall be fixed by the board. Such persons appointed by the board are not employees of the state and are not subject to Chapter 124. of the Revised Code.If the board provides health care coverage to employees of the retirement system, it may permit employees of the Ohio public employees deferred compensation board to participate.Effective ninety days after September 15, 2004, the board may not employ a state retirement system investment officer, as defined in section 1707.01 of the Revised Code, who does not hold a valid state retirement system investment officer license issued by the division of securities in the department of commerce.Every expense voucher of an employee, officer, or board member of the public employees retirement system shall itemize all purchases and expenditures.The board shall perform other functions as required for the proper execution of this chapter, and may adopt rules in accordance with section 111.15 of the Revised Code for the proper administration and management of this chapter.The board may take all appropriate action to avoid payment by the system or its members of federal or state income taxes on contributions to the system or amounts earned on such contributions.Notice of proposed rules shall be given to interested parties and rules adopted by the board shall be published and otherwise made available. When it files a rule with the joint committee on agency rule review pursuant to section 111.15 of the Revised Code, the board shall submit to the Ohio retirement study council a copy of the full text of the rule, and if applicable, a copy of the rule summary and fiscal analysis required by division (B) of section 106.024 of the Revised Code.The board may sue and be sued, plead and be impleaded, contract and be contracted with. All of its business shall be transacted, all of its funds invested, all warrants for money drawn and payments made, and all of its cash and securities and other property shall be held in the name of the board, or in the name of its nominee, provided that nominees are authorized by retirement board resolution for the purpose of facilitating the ownership and transfer of investments.If the Ohio retirement study council establishes a uniform format for any report the board is required to submit to the council, the board shall submit the report in that format.
Ohio Rev Code § 145.091 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.091 | Administering Defined Benefit and Defined Contribution Plans.

Effective: October 1, 2002|Latest Legislation:  Senate Bill 247 - 124th General Assembly|The public employees retirement system shall administer the PERS defined benefit plan and the PERS defined contribution plans.
Ohio Rev Code § 145.092 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.092 | Travel Expense Policies - Bonus Policy - Budget.

Effective: September 15, 2004|Latest Legislation:  Senate Bill 133 - 125th General Assembly|(A) The public employees retirement board, in consultation with the Ohio ethics commission, shall review any existing policy regarding the travel and payment of travel expenses of members and employees of the public employees retirement board and adopt rules in accordance with section 145.09 of the Revised Code establishing a new or revised policy regarding travel and payment of travel expenses. Not less than sixty days before adopting a new or revised policy, the board shall submit the policy to the Ohio retirement study council for review.(B) If the board intends to award a bonus to any employee of the board, it shall adopt rules in accordance with section 145.09 of the Revised Code establishing a policy regarding employee bonuses.(C) The board shall provide copies of the rules adopted under divisions (A) and (B) of this section to each member of the Ohio retirement study council;(D) The board shall submit both of the following to the Ohio retirement study council:(1) A proposed operating budget, including an administrative budget for the board, for the next immediate fiscal year and adopt that budget not earlier than sixty days after it is submitted to the council;(2) A plan describing how the board will improve the dissemination of public information pertaining to the board.
Ohio Rev Code § 145.093 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.093 | Ethics Policy - Commission Approval - Ethics Training.

Effective: September 15, 2004|Latest Legislation:  Senate Bill 133 - 125th General Assembly|The public employees retirement board shall, in consultation with the Ohio ethics commission, develop an ethics policy to govern board members and employees in the performance of their official duties. The board shall submit this policy to the commission for approval.The commission shall review the policy and, if the commission determines that the policy is adequate, approve the policy. If the commission determines that the policy is inadequate, it shall specify the revisions to be made and the board shall submit a revised policy. If the commission approves the revised policy, the board shall adopt it. If not, the board shall make any further revisions required by the commission and adopt the policy. Not less than sixty days before adopting the policy, the board shall submit it to the Ohio retirement study council for review.The board periodically shall provide ethics training to members and employees of the board. The training shall include training regarding the requirements and prohibitions of Chapter 102. of the Revised Code and sections 2921.42 and 2921.43 of the Revised Code and any other training the board considers appropriate.The board shall establish a procedure to ensure that each employee of the board is informed of the procedure for filing a complaint alleging violation of Chapter 102. of the Revised Code or section 2921.42 or 2921.43 of the Revised Code with the Ohio ethics commission or the appropriate prosecuting attorney.
Ohio Rev Code § 145.095 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.095 | Selection of Internal Auditor.

Effective: September 15, 2004|Latest Legislation:  Senate Bill 133 - 125th General Assembly|The public employees retirement board shall appoint a committee to oversee the selection of an internal auditor. The committee shall select one or more persons for employment as an internal auditor. The board shall employ the person or persons selected by the committee.The committee shall consist of the following board members: one retirant member, one employee member, and the director of administrative services. The committee shall annually prepare and submit to the Ohio retirement study council a report of its actions during the preceding year.
Ohio Rev Code § 145.10 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.10 | Legal Adviser.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|The attorney general shall be the legal adviser of the public employees retirement board.
Ohio Rev Code § 145.101 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.101 | Venue for Court Actions.

Effective: January 7, 2013|Latest Legislation:  Senate Bill 343 - 129th General Assembly|Any action brought against the public employees retirement system or the public employees retirement board or its officers, employees, or board members in their official capacities shall be brought in the appropriate court in Franklin county, Ohio.
Ohio Rev Code § 145.111 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.111 | No Board Member or Employee Shall Have an Interest in Board Funds.

Effective: September 21, 2000|Latest Legislation:  House Bill 628 - 123rd General Assembly|Except as provided in this chapter, no member or employee of the public employees retirement board shall have any interest direct or indirect in the gains or profits of any investment made by the board nor as such directly or indirectly receive any pay or emolument of the member's or employee's services. No member or person connected with the board directly or indirectly, for self or as an agent or partner of others, shall borrow any of its funds or deposits or in any manner use the same except to make such current and necessary payments as are authorized by the board. No member or employee shall become an indorser or surety or become in any manner an obligor for moneys loaned by or borrowed from the board.
Ohio Rev Code § 145.112 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.112 | Prohibited Business Transactions.

Effective: August 20, 1976|Latest Legislation:  House Bill 268 - 111th General Assembly|The public employees retirement system shall make no investments through or purchases from, or otherwise do any business with any individual who is, or any partnership, association, or corporation that is owned or controlled by, a person who within the preceding three years was employed by, a board member of, or an officer of the public employees retirement system, or in which a person who within the preceding three years was employed by, a board member of, or an officer holds a fiduciary, administrative, supervisory, or trust position, or any other position in which such person would be involved, on behalf of his employer, in decisions or recommendations affecting the investment policy of the public employees retirement system, and in which such person would benefit by any monetary gain.
Ohio Rev Code § 145.113 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.113 | Restrictions on Fiduciaries.

Effective: June 22, 1984|Latest Legislation:  House Bill 37 - 115th General Assembly|(A) Except as provided in division (B) of this section, a fiduciary shall not cause the public employees retirement system to engage in a transaction, if he knows or should know that such transaction constitutes a direct or indirect:(1) Sale or exchange, or leasing, of any property between the system and a party in interest;(2) Lending of money or other extension of credit between the system and a party in interest;(3) Furnishing of goods, services, or facilities between the system and a party in interest;(4) Transfer to, or use by or for the benefit of a party in interest, of any assets of the system; or(5) Acquisition, on behalf of the system, of any employer security or employer real property.(B) Nothing in this section shall prohibit any transaction between the public employees retirement system and any fiduciary or party in interest if:(1) All the terms and conditions of the transaction are comparable to the terms and conditions which might reasonably be expected in a similar transaction between similar parties who are not parties in interest; and(2) The transaction is consistent with the fiduciary duties described in Chapter 145. of the Revised Code.(C) A fiduciary shall not:(1) Deal with the assets of the system in his own interest or for his own account;(2) In his individual or in any other capacity, act in any transaction involving the system on behalf of a party (or represent a party) whose interests are adverse to the interests of the system or the interests of its participants or beneficiaries; or(3) Receive any consideration for his own personal account from any party dealing with such system in connection with a transaction involving the assets of the system.(D) In addition to any liability which he may have under any other provision, a fiduciary with respect to the system shall be liable for a breach of fiduciary responsibility of any fiduciary with respect to the system in the following circumstances:(1) If he participates knowingly in, or knowingly undertakes to conceal, an act or omission of such other fiduciary, knowing such act or omission is a breach;(2) If, by his failure to comply with Chapter 145. of the Revised Code, he has enabled such other fiduciary to commit a breach; or(3) If he has knowledge of a breach by such other fiduciary, unless he makes reasonable efforts under the circumstances to remedy the breach.(E) Every fiduciary of the system shall be bonded or insured to an amount of not less than one million dollars for loss by reason of acts of fraud or dishonesty.
Ohio Rev Code § 145.114 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.114 | Designation of Ohio-Qualified Agents - Selection Policy - Utilization - Annual Report.

Effective: March 31, 2021|Latest Legislation:  House Bill 312 - 133rd General Assembly|(A) As used in this section and in section 145.116 of the Revised Code: (1) "Agent" means a dealer, as defined in section 1707.01 of the Revised Code, who is licensed under sections 1707.01 to 1707.50 of the Revised Code or under comparable laws of another state or of the United States. (2) "Minority business enterprise" has the same meaning as in section 122.71 of the Revised Code. (3) "Ohio-qualified agent" means an agent designated as such by the public employees retirement board. (4) "Ohio-qualified investment manager" means an investment manager designated as such by the public employees retirement board. (5) "Principal place of business" means an office in which the agent regularly provides securities or investment advisory services and solicits, meets with, or otherwise communicates with clients. (B) The public employees retirement board shall, for the purposes of this section, designate an agent as an Ohio-qualified agent if the agent meets all of the following requirements: (1) The agent is subject to taxation under Chapter 5725., 5726., 5733., 5747., or 5751. of the Revised Code; (2) The agent is authorized to conduct business in this state; (3) The agent maintains a principal place of business in this state and employs at least five residents of this state. (C) The public employees retirement board shall adopt and implement a written policy to establish criteria and procedures used to select agents to execute securities transactions on behalf of the retirement system. The policy shall address each of the following: (1) Commissions charged by the agent, both in the aggregate and on a per share basis; (2) The execution speed and trade settlement capabilities of the agent; (3) The responsiveness, reliability, and integrity of the agent; (4) The nature and value of research provided by the agent; (5) Any special capabilities of the agent. (D)(1) The board shall, at least annually, establish a policy with the goal to increase utilization by the board of Ohio-qualified agents for the execution of domestic equity and fixed income trades on behalf of the retirement system, when an Ohio-qualified agent offers quality, services, and safety comparable to other agents otherwise available to the board and meets the criteria established under division (C) of this section. (2) The board shall review, at least annually, the performance of the agents that execute securities transactions on behalf of the board. (3) The board shall determine whether an agent is an Ohio-qualified agent, meets the criteria established by the board pursuant to division (C) of this section, and offers quality, services, and safety comparable to other agents otherwise available to the board. The board's determination shall be final.
Ohio Rev Code § 145.115 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.115 | Annual Disclosures to Ohio Ethics Commission.

Effective: September 15, 2004|Latest Legislation:  Senate Bill 133 - 125th General Assembly|(A) The public employees retirement system shall disclose the following to the Ohio ethics commission:(1) Anything of value received by the system from an agent and anything of value given on behalf of the system by an agent;(2) The name of any employee of the system with authority over the investment of retirement system funds or any board member of the system who deals with an agent regarding amounts described in division (A)(1) of this section.(B) The disclosures required by this section shall be made annually in a report submitted by a date prescribed by the Ohio ethics commission.
Ohio Rev Code § 145.116 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.116 | Designation of Ohio-Qualified Investment Managers - Utilization - Annual Report.

Effective: September 29, 2015|Latest Legislation:  House Bill 64 - 131st General Assembly|(A) The public employees retirement board shall, for the purposes of this section, designate an investment manager as an Ohio-qualified investment manager if the investment manager meets all of the following requirements:(1) The investment manager is subject to taxation under Chapter 5725., 5726., 5733., 5747., or 5751. of the Revised Code;(2) The investment manager meets one of the following requirements:(a) Has its corporate headquarters or principal place of business in this state;(b) Employs at least five hundred individuals in this state;(c) Has a principal place of business in this state and employs at least twenty residents of this state.(B)(1) The board shall, at least annually, establish a policy with the goal to increase utilization by the board of Ohio-qualified investment managers, when an Ohio-qualified investment manager offers quality, services, and safety comparable to other investment managers otherwise available to the board. The policy shall also provide for the following:(a) A process whereby the board can develop a list of Ohio-qualified investment managers and their investment products;(b) A process whereby the board can give public notice to Ohio-qualified investment managers of the board's search for an investment manager that includes the board's search criteria.(2) The board shall determine whether an investment manager is an Ohio-qualified investment manager and whether the investment manager offers quality, services, and safety comparable to other investment managers otherwise available to the board. The board's determination shall be final.
Ohio Rev Code § 145.13 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.13 | Denomination of Bonds.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Bonds purchased from any taxing district of the state shall be in the denomination required by the public employees retirement board in its resolution of purchase.
Ohio Rev Code § 145.14 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.14 | Percentage of Funds Available for Annuities and Other Payments - Deposit.

Effective: September 21, 2000|Latest Legislation:  House Bill 628 - 123rd General Assembly|For the purpose of meeting disbursements for annuities and other payments in excess of the receipts, there shall be kept available by the treasurer of state an amount not exceeding ten per cent of the total amount in the funds provided for by this chapter on deposit in any bank or banks in this state, organized under the laws thereof, or under the laws of the United States, or with any trust company or trust companies incorporated by the law of this state. Said banks or trust companies shall furnish adequate security for said deposit. The sum so deposited in any one bank or trust company shall not exceed twenty-five per cent of the paid-up capital and surplus of said bank or trust company.
Ohio Rev Code § 145.15 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.15 | Employee Information Provided by Each Department.

Effective: April 24, 1986|Latest Legislation:  House Bill 502 - 116th General Assembly|The head of each department shall submit to the public employees retirement board a statement showing the name, sex, title, earnable salary, duties, date of birth, and length of service as a public employee of every public employee in his department.
Ohio Rev Code § 145.16 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 145 | Public Employees Retirement System|Section 145.16 | Statement to Be Filed by Employee Member.

Effective: June 30, 1991|Latest Legislation:  House Bill 382 - 119th General Assembly|Each public employee shall file a detailed statement of all his previous service as a public employee and shall furnish such other information as the public employees retirement board requires for the proper operation of the system.The employee shall file the statement within thirty days of commencing employment. If he fails to do so within that time, the board shall notify his employer's fiscal officer. On receipt of the notice, the fiscal officer shall withhold all salary payments to the employee until the statement is filed with the board.