Ohio § 3309.262 Proceedings on request for restoration of service credit

Ohio Statutes

§ 3309.262 — Proceedings on request for restoration of service credit

Ohio § 3309.262

Title 33Education-Libraries

Ch. 3309Public School Employees Retirement System

This text of Ohio § 3309.262 (Proceedings on request for restoration of service credit) 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. § 3309.262 (2026).

Text

After receiving a request from the public employees retirement system under division (A) of section145.311or the state teachers retirement system under division (A) of section3307.711of the Revised Code, the school employees retirement system shall do both of the following:

(A)Calculate and certify to the requesting retirement system the cost to a former member to restore service credit under section3309.26of the Revised Code for each year or portion of a year for which the former member seeks to purchase service credit under that section.

(B)Inform the requesting retirement system of the rate of interest charged to a member under a payroll deduction plan authorized under section3309.27of the Revised Code.

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After receiving a request from the public employees retirement system under division (A) of section145.311or the state teachers retirement system under division (A) of section3307.711of the Revised Code, the school employees retirement system shall do both of the following:

(A) Calculate and certify to the requesting retirement system the cost to a former member to restore service credit under section3309.26of the Revised Code for each year or portion of a year for which the former member seeks to purchase service credit under that section.

(B) Inform the requesting retirement system of the rate of interest charged to a member under a payroll deduction plan authorized under section3309.27of the Revised Code.