Ohio Administrative Code › Title 145 - Public Employees Retirement System › Chapter 145-4 - Health Care Coverage › Section 145-4-27 - Health reimbursement arrangement

Current through all regulations passed and filed through July 1, 2024
(A)
								As used in this
			 rule:
(1)
									"Health reimbursement arrangement" or "HRA" means the public
			 employees retirement system of Ohio health reimbursement arrangement plan,
			 effective November 1, 2021, funded by the 115 trust or such other funding
			 vehicle or mechanism established by the retirement system, from which the
			 reimbursement of qualifying medical expenses may be made. The HRA may have
			 component plans as determined by the public employees retirement board. The
			 text of the public employees retirement system of Ohio health reimbursement
			 arrangement plan shall not be incorporated into this or any other rule of the
			 Administrative Code. The current version is available at
www.opers.org
.
(2)
									"Pre-Medicare health reimbursement arrangement" or
			 "PMCR" means the public employees retirement system of Ohio pre-medicare health
			 reimbursement arrangement plan, a component plan of the HRA, effective November
			 1, 2021, funded by the 115 trust or such other funding vehicle or mechanism
			 established by the retirement system, from which the reimbursement of
			 qualifying medical expenses may be made. The text of the public employees
			 retirement system of Ohio pre-medicare health reimbursement arrangement plan
			 shall not be incoporated into this or any other rule of the Administrative
			 Code. The current version is available at
www.opers.org
.
(3)
									"Medicare health reimbursement arrangement" or "MCR"
			 means the public employees retirement system of Ohio medicare health
			 reimbursement arrangement plan, a component plan of the HRA, effective October
			 1, 2015, and restated January 1, 2022, funded by the 115 trust or such other
			 funding vehicle or mechanism established by the retirement system, from which
			 the reimbursement of qualifying medical expenses may be made. The text of the
			 public employees retirement system of Ohio medicare health reimbursement
			 arrangement plan shall not be incorporated into this or any other rule of the
			 Administrative Code. The current version is available at
www.opers.org
.
(4)
									"Monthly health care allowance" or "monthly allowance"
			 means the monthly amount that is allocated to each individual enrolled in the
			 HRA. The monthly allowance shall be determined by the board and offered in the
			 form of a notional credit to the health reimbursement arrangement consistent
			 with the provisions of that plan.
(5)
									"Qualified years
			 of employer contributions" shall mean years of employer contributions and the
			 years purchased or transferred under section
			 145.295,
			 145.2911,
			 or
			 145.37
			 of the Revised Code that, if earned or obtained in the public employees
			 retirement system, would be the equivalent of the years of employer
			 contributions. Qualified years of employer contributions do not include the
			 contributions that are the basis of a lump sum pursuant to division (I)(2)(b)
			 or (I)(3)(b) of section
			 145.332
			 of the Revised Code, unless the lump sum is issued pursuant to division (N)(3)
			 of section
			 145.332
			 of the Revised Code.
(6)
									"Years of employer contributions" means the years or
			 portions of a year for which the member's employer contributed to the public
			 employees retirement system under section
			 145.302,
			 145.48,
			 or
			 145.483
			 of the Revised Code, section
			 3.02
			 of the combined plan document, or article VI of the combined or member-directed
			 plan document. Beginning January 1, 2014, "years of employer contributions"
			 means the years or portions of a year described in this paragraph for which the
			 member's monthly earnable salary on and after January 1, 2014, is one thousand
			 dollars or greater.