Ohio Revised Code|Section 145.32 | Age and service retirement.

                                                

Eligibility of members of the public employees retirement system, other than those subject to section 145.332 of the Revised Code, for age and service retirement shall be determined under this section.

(A) A member is eligible for age and service retirement under this division if, not later than five years after the effective date of this amendment, the member meets one of the following requirements:

(1) Has five or more years of total service credit and has attained age sixty;

(2) Has twenty-five or more years of total service credit and has attained age fifty-five;

(3) Has thirty or more years of total service credit at any age.

(B)(1) A member who would be eligible to retire not later than ten years after the effective date of this amendment if the requirements of this section as they existed immediately prior to the effective date of this amendment were still in effect is eligible to retire under this division if the member meets one of the following requirements:

(a) Has five or more years of total service credit and has attained age sixty;

(b) Has twenty-five or more years of total service credit and has attained age fifty-five;

(c) Has thirty-one or more years of total service credit and has attained age fifty-two;

(d) Has thirty-two or more years of total service credit at any age.

(2) A member who on the effective date of this amendment has twenty or more years of total service credit is eligible for age and service retirement under this division on meeting one of the requirements of division (B)(1) of this section, regardless of when the member meets the requirement unless, between the effective date of this section and the date the member meets the requirement, the member receives a refund of accumulated contributions under section 145.40 of the Revised Code.

(C) A member who is not eligible for age and service retirement under division (A) or (B) of this section, or who became a member on or after the effective date of this amendment, is eligible for age and service retirement under this division if the member meets one of the following requirements:

(1) Has five years or more of total service credit and has attained age sixty-two;

(2) Has twenty-five years or more of total service credit and has attained age fifty-seven;

(3) Has thirty-two years or more of total service credit and has attained age fifty-five.

(D) Service credit purchased or obtained under this chapter shall be used in determining whether a member has the number of years of total service credit required under division (A) or (B) of this section only if the member was a member on the effective date of this amendment or obtains credit under section 145.483 of the Revised Code that would have made the member a member on that date and one of the following applies:

(1) Except in the case of service credit that has been or will be purchased or obtained under section 145.295 or 145.37 of the Revised Code or is for service covered by the Cincinnati retirement system:

(a) For division (A) of this section, the service credit purchase is completed or the service credit is obtained not later than five years after the effective date of this amendment.

(b) For division (B) of this section, the service credit purchase is completed or the service credit is obtained not later than ten years after the effective date of this amendment.

(2) In the case of service credit that has been or will be purchased or obtained under section 145.295 or 145.37 of the Revised Code or is for service covered by the Cincinnati retirement system:

(a) For division (A) of this section, the service for which the credit has been or will be purchased or obtained occurs not later than five years after the effective date of this amendment.

(b) For division (B) of this section, the service for which the credit has been or will be purchased or obtained occurs not later than ten years after the effective date of this amendment.

(E) A member seeking to retire shall file with the board an application for retirement. Service retirement shall be effective on the first day of the month immediately following the later of:

(1) The last day for which compensation was paid;

(2) The attainment of minimum age or service credit eligibility provided under this section;

(3) Ninety days prior to receipt by the board of the member's completed application for retirement.

An employer may, except as otherwise provided in the "Age Discrimination in Employment Act of 1967," as amended, 81 Stat. 602, 29 U.S.C. 621 to 634, as of the thirtieth day of June of any year, terminate the employment of any member who has attained the age of seventy years. A member may at the time of retirement by written designation duly executed and filed with the public employees retirement board designate a beneficiary to receive any installment which may remain unpaid at the time of death. Except as provided in section 145.46 of the Revised Code, after the date of retirement such nomination shall not be changed if the member elects to receive the member's retirement allowance computed as provided in section 145.46 of the Revised Code as a joint-life plan or multiple-life plan.

View Latest Documents

preview-icon 4 pages

OF344 pgfanklin County Ohio Clerk of Courts of the Common Pleas- 2020 Dec 09 12:24 PM-19CV007506 IN THE COURT OF COMMON PLEAS FRANKLIN COUNTY, OHIO STATE OF OHIO ex. rel., : CYNTHIA L. RICHSON, CASE NO. 19 CV 7506 RELATOR, : JUDGE DAN HAWKINS v OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM, RESPONDENT RESPONDENT’S MEMORANDUM IN OPPOSITION TO RELATOR’S MOTION TO SUPPLEMENT CERTIFIED RECORD OF PROCEEDINGS DAVE YOST (0056290) THOMAS L. ROSENBERG Ohio Attorney General (0024898) Roetzel & Andress, LP…

Case Name 19 CV 007506
Case Filed

Sep 17, 2019

Case Status

INACTIVE

County

Franklin County, OH

Filed Date

Dec 09, 2020

Judge

Dan Hawkins

preview-icon 8 pages

Franklin County Ohio Clerk of Courts of the Common Pleas- 2019 Nov 21 1:20 PM-19CV007506 0E943 - I31 IN THE COURT OF COMMON PLEAS FRANKLIN COUNTY, OHIO STATE OF OHIO, ex rel. 3 CYNTHIA L. RICHSON, 3 Case No. 19 CV 7506 Relator, : JUDGE DAN HAWKINS vs. THE OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM, Respondent. REPLY OF RESPONDENT, THE OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM, TO RESPONDENT’S MEMORANDUM OPPOSING MOTION TO DISMISS Respondent Ohio Public Employees Retirement System (“OPER…

Case Name 19 CV 007506
Case Filed

Sep 17, 2019

Case Status

INACTIVE

County

Franklin County, OH

Filed Date

Nov 21, 2019

Judge

Dan Hawkins

preview-icon 10 pages

Franklin County Ohio Clerk of Courts of the Common Pleas- 2019 Oct 18 12:05 PM-19CV007506 OE887 - Y23 IN THE COURT OF COMMON PLEAS FRANKLIN COUNTY, OHIO STATE OF OHIO, ex rel. 3 CYNTHIA L. RICHSON, 3 Case No. 19 CV 7506 Relator, : JUDGE DAN HAWKINS vs. THE OHIO PUBLIC EMPLOYEE RETIREMENT SYSTEM, Respondent. MOTION TO DISMISS OF RESPONDENT, THE OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM Defendant Ohio Public Employees Retirement System (“OPERS”), in lieu of an Answer to the Relator’s C…

Case Name 19 CV 007506
Case Filed

Sep 17, 2019

Case Status

INACTIVE

County

Franklin County, OH

Filed Date

Oct 18, 2019

Judge

Dan Hawkins

preview-icon 13 pages

Franklin County Ohio Clerk of Courts of the Common Pleas- 2021 Jan 28 4:33 PM-19CV007506 OF388 - A33 IN THE COURT OF COMMON PLEAS FRANKLIN COUNTY, OHIO STATE OF OHIO, ex rel. 3 CYNTHIA L. RICHSON, 3 Case No. 19 CV 7506 Relator, : JUDGE DAN HAWKINS vs. THE OHIO PUBLIC EMPLOYEE RETIREMENT SYSTEM, Respondent. BRIEF OF RESPONDENT, OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM DAVE YOST (0056290) Thomas L. Rosenberg (0024898) Ohio Attorney General Roetzel & Andress, LPA 41 South High Street SAMUEL …

Case Name 19 CV 007506
Case Filed

Sep 17, 2019

Case Status

INACTIVE

County

Franklin County, OH

Filed Date

Jan 28, 2021

Judge

Dan Hawkins

preview-icon 44 pages

COPY. . IN THE COURT OF COMMON PLEAS SUMMIT COUNTY, OHIO TAMERA R. L. SHERRARD, CASE NO. 2005 08 4400 ) ) Plaintiff, } JUDGE STORMER -vs.- ) PLAINTIFF, TAMARA R. L, ) SHERRARD’S MOTION FOR OHIO PUBLIC EMPLOYEES ) SUMMARY JUDGMENT, RETIREMENT SYSTEM, ) ) Defendant. ) Now comes the Plaintiff, Tamera R. L. Sherrard, through undersigned counsel, and moves this Honorable Court, pursuant to Civil Rule 56(C), for summary judgment. The support for this motion is more fully set forth in the attached…

County

Summit County, OH

Filed Date

Mar 17, 2006

Category

DECLARATORY JUDGMENT

View More Documents

Please wait a moment while we load this page.

New Envelope