Ohio § 3309.362 Increase in annual amount of benefit effective 7-1-81

Ohio Statutes

§ 3309.362 — Increase in annual amount of benefit effective 7-1-81

Ohio § 3309.362

Title 33Education-Libraries

Ch. 3309Public School Employees Retirement System

This text of Ohio § 3309.362 (Increase in annual amount of benefit effective 7-1-81) 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. § 3309.362 (2026).

Text

As used in this section, "benefit" means any allowance, pension, or other benefit to which an individual is entitled and that the individual receives under section3309.35,3309.36,3309.40,3309.45, or3309.46or former section3309.38of the Revised Code. Effective July 1, 1981:

(A)The annual amount of each benefit for which eligibility was established prior to January 1, 1977, shall, after the adjustment required by section3309.374of the Revised Code, be increased by six per cent or six hundred dollars, whichever is less.

(B)The annual amount of each benefit for which eligibility was established on or after January 1, 1977, but prior to January 1, 1980, shall, after the adjustment required by section3309.374of the Revised Code, be increased by four per cent or four hundred dollar

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As used in this section, "benefit" means any allowance, pension, or other benefit to which an individual is entitled and that the individual receives under section3309.35,3309.36,3309.40,3309.45, or3309.46or former section3309.38of the Revised Code.

Effective July 1, 1981:

(A) The annual amount of each benefit for which eligibility was established prior to January 1, 1977, shall, after the adjustment required by section3309.374of the Revised Code, be increased by six per cent or six hundred dollars, whichever is less.

(B) The annual amount of each benefit for which eligibility was established on or after January 1, 1977, but prior to January 1, 1980, shall, after the adjustment required by section3309.374of the Revised Code, be increased by four per cent or four hundred dollars, whichever is less.