Ohio Administrative Code|Rule 3309-1-18 | Payment of contributions.

                                                
(A) For purposes of this
		  rule:
(1) "Employer"
			 has the same meaning as in section 3309.01 of the Revised Code.
(2)  "Contribution report"
			 means payroll data for each pay date that has been cleared of any errors or
			 warnings.
(3) "Surcharge" means the
			 employer minimum compensation contribution amount determined pursuant to
			 section 3309.491 of the Revised Code.
(B)  Payments due under section 3309.47
		  of the Revised Code shall be remitted to the school employees retirement system
		  by the fifth business day following the pay date.
(C)  Contribution reports shall be
		  submitted to the retirement system by the fifth business day following the pay
		  date.
(D)  Payments due under section 3309.51
		  of the Revised Code and paid by an employer directly to the employers'
		  trust fund shall be remitted by the fifth business day following the pay
		  date.
(E) Payments due to the employers'
		  trust fund pursuant to section 3309.51 of the Revised Code and received from
		  the amounts allocated under Chapter 3317. of the Revised Code, section 3314.08
		  of the Revised Code, and section 3326.33 of the Revised Code shall be remitted
		  each month and attributed to that month.
(F) Annually, the retirement system shall
		  issue a final school year statement that reconciles the estimated employer
		  payments received with the employer payments owed. Within thirty days of the
		  statement's issuance, the employer shall directly pay to the
		  employers' trust fund any balance owed, or the retirement system shall
		  directly refund to the employer any overpayments made. The retirement system
		  shall not issue a refund to an employer whose reports or payments are
		  delinquent.
(G) Surcharge payments due to the employers' trust fund
		  shall be collected in one of the following ways:
(1) An employer who does
			 not receive amounts allocated under section 3314.08 or 3326.33 of the Revised
			 Code may choose to pay its surcharge directly to the employers' trust
			 fund. An employer who chooses this option must pay its surcharge within thirty
			 days after receipt of the certified amount due from the retirement
			 system.
(2) For those employers
			 who do not choose the direct pay option under paragraph (G)(1) of this rule, as
			 well as employers who receive amounts allocated under section 3314.08 or
			 3326.33 of the Revised Code, the retirement system shall include surcharge
			 payments in the estimated payments certified to the superintendent of public
			 instruction pursuant to section 3309.51 of the Revised Code.
(H) For any payments made pursuant to paragraphs (B), (D), (F)
		  and (G)(1) of this rule, payment remittance information shall be submitted in
		  the manner specified by the retirement system no later than the date the
		  payment is remitted.
(I) The retirement system may extend a due date for an employer
		  upon a finding that good cause has been shown.
(J)  For purposes of section 3309.571 of
		  the Revised Code, "days" refers to "business
		  days."
(K) An employer shall repay the
		  retirement system for any amounts paid by the retirement system as the result
		  of employer errors in reporting or certifying information to the retirement
		  system.


Last updated September 30, 2021 at 8:37 AM