(2) A public employer that employs a PERS retirant or
other | 43 |
system retirant, or enters into a contract for services as
an | 44 |
independent contractor with a PERS retirant
shall notify the | 45 |
retirement board of the employment or contract not
later than the | 46 |
end of the month in which the employment or contract
commences. | 47 |
Any overpayment of benefits to a PERS retirant by the
retirement | 48 |
system resulting from delay or failure of the employer
to give the | 49 |
notice shall be repaid to the retirement system by
the employer. | 50 |
(4)(a) A PERS retirant who has received a retirement | 55 |
allowance for less than two months when employment subject to
this | 56 |
section commences shall forfeit the retirement allowance for
any | 57 |
month the PERS retirant is employed prior to the
expiration of the | 58 |
two-month period. Service and contributions for
that period shall | 59 |
not be included in calculation of any benefits
payable to the PERS | 60 |
retirant and those contributions shall be
refunded on the | 61 |
retirant's death or termination of the
employment. | 62 |
(b) An other system retirant who has received a retirement | 63 |
allowance or disability benefit for less than two
months when | 64 |
employment subject to this section commences shall
forfeit the | 65 |
retirement allowance or disability benefit for any month
the
other | 66 |
system retirant is employed prior to the expiration of the | 67 |
two-month period. Service
and contributions for that period
shall | 68 |
not be included in the
calculation of any benefits payable
to the | 69 |
other system retirant
and those contributions shall be
refunded on | 70 |
the retirant's
death or termination of the employment. | 71 |
(5) On receipt of notice from the Ohio police and
fire | 76 |
pension fund, school employees retirement
system,
or state | 77 |
teachers retirement system of the re-employment of a
PERS | 78 |
retirant, the public employees retirement system shall not pay,
or | 79 |
if paid, shall recover, the amount to be forfeited by the PERS | 80 |
retirant in accordance with section 742.26, 3307.35,
or 3309.341 | 81 |
of the Revised Code. | 82 |
(6) A PERS retirant who enters into a contract to provide | 83 |
services as an independent contractor to the employer by which
the | 84 |
retirant was employed at the time of retirement or, less
than two | 85 |
months after the retirement allowance commences, begins
providing | 86 |
services as an independent contractor pursuant to a contract with | 87 |
another public employer, shall forfeit the pension portion of
the | 88 |
retirement benefit for the period beginning the first day of the | 89 |
month following the month in which the services begin and ending | 90 |
on the first day of the month following the month in which the | 91 |
services end. The annuity portion of the retirement allowance | 92 |
shall be suspended on the day services under the contract begin | 93 |
and shall accumulate to the credit of the retirant to be paid in
a | 94 |
single payment after services provided under the contract | 95 |
terminate. A PERS retirant subject to division (B)(6) of this | 96 |
section shall not contribute to the retirement system and shall | 97 |
not become a member of the system. | 98 |
(a) A PERS retirant who, prior to September 14, 2000,
made | 105 |
an election
underwas subject to division (C)(1)(b) of this | 106 |
section as that
division existed immediately prior to September | 107 |
14, 2000,
and
a
PERS retirant who elects under Section 6 of Am. | 108 |
Sub. S.B. No.
144
of the 123rd General
Assemblyhas not elected | 109 |
pursuant to Am. Sub. S.B. 144 of the 123rd general assembly to | 110 |
cease to be subject to
this sectionthat division; | 111 |
(2) A PERS retirant who is subject to this division is a | 119 |
member of the public employees retirement system with all the | 120 |
rights,
privileges, and obligations of membership, except that the | 121 |
membership does
not include survivor benefits provided pursuant to | 122 |
section 145.45 of the
Revised Code or, beginning on the ninetieth | 123 |
day after September 14, 2000, any amount
calculated under section | 124 |
145.401 of the Revised
Code. The pension portion of the PERS | 125 |
retirant's retirement
allowance shall be forfeited until the first | 126 |
day of the first month following
termination of the employment. | 127 |
The annuity portion of the retirement
allowance shall accumulate | 128 |
to the credit of the
PERS retirant to
be paid in a single payment | 129 |
after termination of the employment.
The retirement allowance | 130 |
shall resume on the first day of the
first month following | 131 |
termination of the employment. On
termination of the employment, | 132 |
the PERS retirant shall elect to
receive either a refund of the | 133 |
retirant's contributions to
the retirement
system during the | 134 |
period of employment subject to this section or
a supplemental | 135 |
retirement allowance based on the retirant's
contributions and | 136 |
service credit for that period of employment. | 137 |
(D)(1) Except as provided in division (C) of this
section, | 144 |
a PERS
retirant or other system retirant subject to
this section | 145 |
is not
a member of the public employees
retirement system, and, | 146 |
except as
specified in this section does not
have any of the | 147 |
rights,
privileges, or
obligations of membership. Except as | 148 |
specified in
division
(D)(2) of this
section, the retirant is not | 149 |
eligible to
receive health, medical,
hospital, or surgical | 150 |
benefits under
section 145.58 of the Revised Code for employment | 151 |
subject to this
section. | 152 |
(2) A PERS retirant subject to this
section shall receive | 153 |
primary health, medical,
hospital, or surgical insurance coverage | 154 |
from the retirant's employer, if the
employer provides coverage to | 155 |
other employees performing
comparable work. Neither the employer | 156 |
nor the PERS retirant may
waive the employer's coverage, except | 157 |
that the PERS retirant may
waive the employer's coverage if the | 158 |
retirant has coverage comparable to
that provided by the employer | 159 |
from a source other than the
employer or the public employees | 160 |
retirement system. If a claim
is made, the employer's coverage | 161 |
shall be the primary coverage
and shall pay first. The benefits | 162 |
provided under section 145.58
of the Revised Code shall pay only | 163 |
those medical expenses not
paid through the employer's coverage or | 164 |
coverage the PERS
retirant receives through a source other than | 165 |
the retirement
system. | 166 |
(E) If the disability benefit of an other system retirant | 167 |
employed under this section is terminated, the retirant shall | 168 |
become a member of the public employees retirement system, | 169 |
effective on
the first day of the month next following the | 170 |
termination with
all the rights, privileges, and obligations of | 171 |
membership. If
such person, after the termination of the | 172 |
disability benefit,
earns two years of service credit under this | 173 |
system or under the
Ohio police and fire
pension fund, state | 174 |
teachers
retirement system, school employees retirement system, or | 175 |
state
highway patrol retirement system, the person's prior | 176 |
contributions as an
other system retirant under this section shall | 177 |
be included in the person's
total service credit as a public | 178 |
employees retirement system
member, and the person shall forfeit | 179 |
all rights and benefits of this
section. Not more than one year | 180 |
of credit may be given for any
period of twelve months. | 181 |
Sec. 3305.08. Any payment, benefit, or other right accruing | 190 |
to any
electing
employee under a contract entered into for | 191 |
purposes of an alternative retirement plan,
any contributions
to
a | 192 |
provider pursuant to section
3305.06 of the Revised Code, and
all | 193 |
moneys, investments, and income of
those contracts are
exempt
from | 194 |
any state tax, except the tax imposed by section 5747.02 of
the | 195 |
Revised Code, are exempt from any
county, municipal, or other | 196 |
local tax, except taxes imposed pursuant to
section 5748.02 or | 197 |
5748.08 of
the Revised Code,
and
except as provided in sections | 198 |
3105.171, 3105.65,
3111.23, 3113.21, 3115.32, 3119.80, 3119.81, | 199 |
3121.02, 3121.03, 3123.06, and 3305.09 of the
Revised
Code, shall | 200 |
not
be
subject to execution, garnishment,
attachment, the | 201 |
operation of bankruptcy or
the insolvency law, or
other process of | 202 |
law, and shall be unassignable except
as
specifically provided in | 203 |
this section and sections 3105.171,
3105.65, 3119.80, 3119.81, | 204 |
3121.02, 3121.03,,, and 3115.32, and 3123.06 of
the Revised Code | 205 |
or in
any contract the electing employee has entered into
for | 206 |
purposes
of an
alternative retirement plan. | 207 |
Section 4. Section 3305.08 of the Revised Code is
presented | 218 |
in
this act as a composite of the section as amended by
both Sub. | 219 |
H.B. 535 and Am. Sub. S.B. 180 of
the 123rd General
Assembly. The | 220 |
General Assembly, applying the
principle stated in
division (B) of | 221 |
section 1.52 of the Revised
Code that amendments
are to be | 222 |
harmonized if reasonably capable of
simultaneous
operation, finds | 223 |
that the composite is the resulting
version of
the section in | 224 |
effect prior to the effective date of
the section
as presented in | 225 |
this act. | 226 |