Ohio Administrative Code › Title 742 - Ohio Police and Fire Pension Fund › Chapter 742-4 - Deferred Retirement Option Plans › Section 742-4-13 - Impact of military leave

Current through all regulations passed and filed through July 1, 2024
(A) This rule shall apply to
			 a
			 member who is a DROP participants, called into active
			 military service, and who
			 is granted
			 service credit for the time period during which the member was called into active
			 military service while a DROP participant,
			 pursuant to section 742.521 of the Revised
			 Code.
(B) In the event the member
			 is on active military service at the time of the
			 member's  effective date into DROP,
			 OP& F shall credit the member's contributions required under division
			 (B)(1) or (B)(2) of section
			 742.443 of the Revised Code, in
			 accordance with the provisions of paragraph (D) of this rule and shall
			 recalculate the service credit at the time of the member's
			  effective date and
			 corresponding DROP benefits if and when the service credit is granted in
			 accordance with section
			 742.521 of the Revised
			 Code.
(C) In cases where the member
			 is called into active military service after the
			 member's  effective date into DROP,
			 OP& F shall credit the member's contributions required under division
			 (B)(1) or (B)(2) of section
			 742.443 of the Revised Code, in
			 accordance with the provisions of paragraph (D) of this rule.
(D) In determining the member's contributions
			 under paragraphs (B) and (C) of this rule, as the case may be, OP& F shall
			 determine such contributions based on the contributions allocated for the
			 member's benefit based on "salary" reported by the member's employer during
			 that time period during which the DROP participant was in active
			 military service, which is based on the rate the
			 employee would have received but for the period of military service, including any pay raises.
(E) All determinations of "salary" shall be
			 consistent with the provisions of division (L) of section
			 742.01 of the Revised Code and
			 rules
			 742-3-02
			 and 742-4-06 of the Administrative Code
			 .
(F) The amount provided for in paragraph (D)
			 of this rule shall only be included for crediting the member's contributions
			 according to division (B)(1) or (B)(2) of section
			 742.443 of the Revised Code if
			 the member pays to OP& F the difference between the member contributions
			 paid by the
			 member's employer and the actual member contributions due within three
			 times the member's period of uniformed service, but no more than five years,
			 which shall start on the date of the DROP participant's reemployment. All
			 amounts shall be paid at no interest to the member.
(G) This rule shall be subject to the
			 provisions of division (C) of section
			 742.444 and section
			 742.445 of the Revised
			 Code.
(H) Capitalized terms used in
			 this rule shall have the meaning assigned to them in rule
			 742-4-01
			 of the Administrative Code .
Effective: 3/22/2018
Five Year Review
				(FYR) Dates: 1/5/2018 and
				01/05/2023
Promulgated
				Under: 111.15
Statutory
				Authority: 742.10,
				742.43
Rule
				Amplifies: 742.444
Prior
				Effective Dates: 12/31/2002 (Emer.), 04/06/2003, 08/28/2008, 01/07/2013
				(Emer.), 02/04/2013