Ohio § 3307.661 Payment of death benefit

Ohio Statutes

§ 3307.661 — Payment of death benefit

Ohio § 3307.661

Title 33Education-Libraries

Ch. 3307State Teachers Retirement System

This text of Ohio § 3307.661 (Payment of death benefit) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 3307.661 (2026).

Text

On the death of a retirant or disability  benefit recipient who at the time of death is receiving, under the  STRS defined benefit plan, a service retirement allowance or  disability benefit, the state teachers retirement system shall  make a lump-sum payment of one thousand dollars to any designated  or qualified beneficiary under division (D)(1) of section3307.562of the Revised Code. If there is no beneficiary, the state  teachers retirement board may approve payment to either the person  responsible for the burial expenses or to the decedent's estate  following the completion of an application on a form approved by  the board.

A benefit paid under this section shall be treated as life  insurance for purposes of this chapter and shall be funded solely  from contributions made under sect

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On the death of a retirant or disability benefit recipient who at the time of death is receiving, under the STRS defined benefit plan, a service retirement allowance or disability benefit, the state teachers retirement system shall make a lump-sum payment of one thousand dollars to any designated or qualified beneficiary under division (D)(1) of section3307.562of the Revised Code. If there is no beneficiary, the state teachers retirement board may approve payment to either the person responsible for the burial expenses or to the decedent's estate following the completion of an application on a form approved by the board.

A benefit paid under this section shall be treated as life insurance for purposes of this chapter and shall be funded solely from contributions made under section3307.28of the Revised Code on behalf of members participating in the STRS defined benefit plan, and any earnings attributable to those contributions.