REPRESENTATIVES Manning, Lendrum, Ogg, D. Miller, Barrett, Key, Stapleton, Schuring, Hollister, Kearns, Womer Benjamin, Perry, Hagan, Buehrer, Fessler, Schneider, McGregor, Wolpert, Flowers, Reinhard, Damschroder, Carey, Aslanides, Niehaus, Setzer, Calvert, G. Smith, Schaffer, Webster, Williams, Jerse, Flannery, Distel, Schmidt, Coates, Otterman, Kilbane, Clancy, Sykes, Oakar, S. Smith, Strahorn, Woodard, Gilb, Latta, Carmichael, Willamowski, Hughes, Grendell, Young, Jolivette, Barnes, Olman, Cirelli, Salerno, Wilson, Driehaus, Britton, Seitz, Sulzer, Redfern, DePiero, Fedor, Evans, Beatty, Roman, Patton, Reidelbach, Widowfield, Latell, Allen, Rhine, Krupinski, Sferra, Jones

To amend sections 145.295, 742.21, 742.371, 742.375,

1

3307.761, 3309.73, 5505.201, and 5505.40 and to

2

enact sections 109.761, 145.2913, 742.214,

3

3307.765, 3309.731, and 5505.41 of the Revised Code

4

to permit multiple transfers of service credit and

5

contributions between Ohio's state retirement

6

systems and to require employers of peace officers

7

to make reports to the Ohio Peace Officer Training

8

Commission.

9

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:

Section 1. That sections 145.295, 742.21, 742.371, 742.375,	10
3307.761, 3309.73, 5505.201, and 5505.40 be amended and sections	11
109.761, 145.2913, 742.214, 3307.765, 3309.731, and 5505.41 of the	12
Revised Code be enacted to read as follows:	13

Sec. 109.761. (A)(1) Each agency or entity that appoints or	14
employs one or more peace officers shall report to the Ohio peace	15
officer training commission all of the following that occur on or	16
after the effective date of this section:	17

(a) The appointment or employment of any person to serve the	18
agency or entity as a peace officer in any full-time, part-time,	19
reserve, auxiliary, or other capacity;	20

(b) The termination, resignation, felony conviction, or death	21
of any person who has been appointed to or employed by the agency	22
or entity as a peace officer in any full-time, part-time, reserve,	23
auxiliary, or other capacity and is serving the agency or entity	24
in any of those peace officer capacities.	25

(2) An agency or entity shall make each report required by	26
this division not later than ten days after the occurrence of the	27
event being reported. The agency or entity shall make the report	28
in the manner and format prescribed by the executive director of	29
the Ohio peace officer training commission.	30

(B) Each agency or entity that appoints or employs one or	31
more peace officers shall annually provide to the Ohio peace	32
officer training commission a roster of all persons who have been	33
appointed to or employed by the agency or entity as peace officers	34
in any full-time, part-time, reserve, auxiliary, or other capacity	35
and are serving, or during the year covered by the report have	36
served, the agency or entity in any of those peace officer	37
capacities. The agency or entity shall provide the roster in the	38
manner and format, and by the date, prescribed by the executive	39
director of the Ohio peace officer training commission.	40

(C) The Ohio peace officer training commission shall	41
prescribe the manner and format of making reports under division	42
(A) of this section and providing annual rosters under division	43
(B) of this section and shall prescribe the date by which the	44
annual rosters must be provided.	45

Sec. 145.295.  (A) As used in this section, "militaryand	46
section 145.2913 of the Revised Code:	47

(1) "Uniform retirement system" or "uniform system" means	48
the Ohio police and fire pension fund or state highway patrol	49
retirement system.	50

(2) "Military service credit" means credit purchased or	51
obtained under this chapter or Chapter 742. or 5505. of the	52
Revised Code for service in the armed forces of the United States.	53

(B) A member of the public employees retirement system who	54
has contributions on deposit with, but is no longer contributing	55
to, the Ohio police and fire pension fund or state highway patrol	56
a uniform retirement system shall, in computing years of service,	57
be given full credit for service credit earned under Chapter 742.	58
or 5505. of the Revised Code or for military service credit if a	59
transfer to the public employees retirement system is made under	60
this division. At the request of the member, the Ohio police and	61
fire pension fund or the state highway patrol retirementuniform	62
system shall transfer to the public employees retirement system,	63
for each year of service, the sum of the following:	64

(1) An amount equal to the member's accumulated	65
contributions to the fund oruniform system making the transfer,	66
and any payments by the member for military service credit, and	67
any amounts paid under section 742.375 or 5505.201 of the Revised	68
Code to purchase service credit;	69

(2) An amount equal to the lesser of the employer's	70
contributions to the Ohio police and fire pension fund or state	71
highway patrol retirementuniform system or the amount that would	72
have been contributed by the employer for the service had the	73
member been employed by the member's current employer as a member	74
of the public employees retirement system at the time the credit	75
was earned;	76

(3) Interest, determined as provided in division (H) of this	77
section, on the amounts specified in divisions (B)(1) and (2) of	78
this section for the period from the last day of the year for	79
which the service credit in the transferring fund oruniform	80
system was earned or in which payment was made forthe military	81
service credit or credit under section 742.375 or 5505.201 of the	82
Revised Code was purchased or obtained to the date the transfer is	83
made.	84

(C) A member of the public employees retirement system who	85
has at least eighteen months of contributing service credit with	86
the public employees retirement system, who is a former member of	87
the Ohio police and fire pension fund or state highway patrola	88
uniform retirement system, and who has received a refund of the	89
member's accumulated contributions to that fund oruniform system	90
shall, in computing years of service, be given full credit for	91
service credit earned under Chapter 742. or 5505. of the Revised	92
Code or for military service credit if, for each year of service,	93
the public employees retirement system receives the sum of the	94
following:	95

(1) An amount, which shall be paid by the member, equal to	96
the amount refunded by the Ohio police and fire pension fund or	97
the state highway patrol retirementuniform system to the member	98
for that year for accumulated contributions and payments for	99
military service credit, with interest at a rate established by	100
the public employees retirement board on that amount from the date	101
of the refund to the date of the payment;	102

(2) Interest, which shall be transferred by the Ohio police	103
and fire pension fund or state highway patrol retirementuniform	104
system, on the amount refunded to the member that is attributable	105
to the year of service from the last day of the year for which the	106
service credit was earned or in which payment was made for	107
military service credit to the date the refund was made;	108

(3) An amount, which shall be transferred by the Ohio police	109
and fire pension fund or state highway patrol retirementuniform	110
system, equal to the lesser of the employer's contributions to the	111
Ohio police and fire pension fund or state highway patrol	112
retirementuniform system or the amount that would have been	113
contributed by the employer for the service had the member been	114
employed by the member's current employer as a member of the	115
public employees retirement system at the time the credit was	116
earned, with interest on that amount from the last day of the year	117
for which the service credit was earned or in which payment was	118
made for military service credit to the date of the transfer.	119

On receipt of payment from the member, the public employees	120
retirement system shall notify the Ohio police and fire pension	121
fund or the state highway patrol retirementuniform system, which,	122
on receipt of the notice, shall make the transfer required by this	123
division. Interest shall be determined as provided in division	124
(H) of this section.	125

(D) A member of the public employees retirement system who	126
purchased credit under former division (A)(1) of this section, as	127
it existed before August 25, 1995, for service as a member of the	128
Ohio police and fire pension fund or state highway patrola	129
uniform retirement system may elect to have the amount the member	130
paid for this service credit refunded to the member under this	131
division if the member agrees to repurchase this service credit	132
pursuant to division (C) of this section.	133

(E) Service credit purchased or otherwise obtained under	134
this section shall be considered the equivalent of Ohio service	135
credit.	136

A member may choose to purchase only part of the credit the	137
member is eligible to purchase under division (C) of this section	138
in any one payment, subject to rules of the public employees	139
retirement board. A member is ineligible to purchase or otherwise	140
obtain credit under this section for service to be used in	141
calculation of any retirement benefit currently being paid or	142
payable to the member in the future under any other retirement	143
program or for service credit that may be transferred under	144
section 145.2913 of the Revised Code.	145

(F) If a member of the public employees retirement system	146
who is not a current contributor elects to receive credit under	147
section 742.21 or 5505.40 of the Revised Code for service for	148
which the member contributed to the retirement system or made	149
payment for military service credit, the retirement system shall	150
transfer to the Ohio police and fire pension fund or the state	151
highway patrol retirement system, as applicable, the amount	152
specified in division (D) of section 742.21 or division (B)(2) of	153
section 5505.40 of the Revised Code.	154

(G) A member of the public employees retirement system who	155
earned service credit in the public employees retirement system	156
for full-time service as a township or municipal police officer	157
and received service credit in the Ohio police and fire pension	158
fund under section 742.511 or 742.512 of the Revised Code for such	159
service may elect to have the credit restored as public employees	160
retirement system service credit by paying the public employees	161
retirement system an amount equal to the accumulated contributions	162
paid by the member to the Ohio police and fire pension fund under	163
section 742.511 or 742.512 of the Revised Code. When such an	164
election is made, the Ohio police and fire pension fund shall	165
transfer to the public employees retirement system the amount	166
previously transferred under section 742.511 or 742.512 of the	167
Revised Code from the public employees retirement system to the	168
Ohio police and fire pension fund.	169

(H) Interest charged under this section shall be calculated	170
separately for each year of service credit. Unless otherwise	171
specified in this section, it shall be calculated at the lesser of	172
the actuarial assumption rate for that year of the public	173
employees retirement system or of the fund oruniform retirement	174
system in which the credit was earned. The interest shall be	175
compounded annually.	176

(I) At the request of the public employees retirement	177
system, the Ohio police and fire pension fund or state highway	178
patroluniform retirement system shall certify to the public	179
employees retirement system a copy of the records of the service	180
and contributions of a public employees retirement system member	181
who seeks service credit under this section.	182

Sec. 145.2913. (A) As used in this section, "transferred	183
service credit" means service credit purchased or obtained under	184
section 742.21, 742.214, 742.375, 5505.201, 5505.40, or 5505.41 of	185
the Revised Code prior to the date a member commenced the	186
employment covered by the public employees retirement system for	187
which the member is currently contributing to the system.	188

(B) A member of the public employees retirement system who	189
has contributions on deposit with, but is no longer contributing	190
to, a uniform retirement system shall, in computing years of	191
service, be given full credit for transferred service credit if a	192
transfer to the public employees retirement system is made under	193
this section. At the request of a member, the uniform system	194
shall transfer to the public employees retirement system the sum	195
of the following:	196

(1) An amount equal to the amounts transferred to the	197
uniform system under section 742.21, 742.214, 742.375, 5505.201,	198
5505.40, or 5505.41 of the Revised Code;	199

(2) Interest, determined as provided in division (E) of this	200
section, on the amount specified in division (B)(1) of this	201
section for the period from the last day of the year in which the	202
transfer under section 742.21, 742.214, 742.375, 5505.201,	203
5505.40, or 5505.41 of the Revised Code was made to the date a	204
transfer is made under this section.	205

(C) A member of the public employees retirement system with	206
at least eighteen months of contributing service credit with the	207
public employees retirement system who has received a refund of	208
contributions to a uniform retirement system shall, in computing	209
years of service, be given full credit for transferred service	210
credit if, for each year of service, the public employees	211
retirement system receives the sum of the following:	212

(1) An amount, which shall be paid by the member, equal to	213
the amount refunded by the uniform system to the member for that	214
year for transferred service credit, with interest on that amount	215
from the date of the refund to the date a payment is made under	216
this section;	217

(2) Interest, which shall be transferred by the uniform	218
system, on the amount refunded to the member for the period from	219
the last day of the year in which the transfer under section	220
742.21, 742.214, 742.375, 5505.201, 5505.40, or 5505.41 of the	221
Revised Code was made to the date the refund was made;	222

(3) If the uniform system retained any portion of the amount	223
transferred under section 742.21, 742.214, 742.375, 5505.201,	224
5505.40, or 5505.41 of the Revised Code, an amount, which shall be	225
transferred by the uniform system, equal to the amount retained,	226
with interest on that amount for the period from the last day of	227
the year in which the transfer under section 742.21, 742.214,	228
742.375, 5505.201, 5505.40, or 5505.41 of the Revised Code was	229
made to the date a transfer is made under this section.	230

On receipt of payment from the member, the public employees	231
retirement system shall notify the uniform system, which, on	232
receipt of the notice, shall make the transfer required by this	233
division. Interest shall be determined as provided in division	234
(E) of this section.	235

(D) Service credit purchased or obtained under this section	236
shall be considered the equivalent of Ohio service credit. A	237
member may choose to purchase only part of the credit the member	238
is eligible to purchase under division (C) of this section in any	239
one payment, subject to rules adopted by the public employees	240
retirement board. A member is ineligible to purchase or obtain	241
service credit under this section for service to be used in the	242
calculation of any retirement benefit currently being paid or	243
payable to the member in the future under any other retirement	244
program or for service credit that may be purchased or obtained	245
under section 145.295 of the Revised Code.	246

(E) Interest charged under this section shall be calculated	247
separately for each year of service credit at the lesser of the	248
actuarial assumption rate for that year of the public employees	249
retirement system or of the uniform retirement system to which the	250
credit was transferred under section 742.21, 742.214, 742.375,	251
5505.201, 5505.40, or 5505.41 of the Revised Code. The interest	252
shall be compounded annually.	253

(F) Any amounts transferred or paid under divisions (B) and	254
(C) of this section that are attributable to contributions made by	255
the member or to amounts paid to purchase service credit shall be	256
credited to the employees' savings fund created under section	257
145.23 of the Revised Code. Any remaining amounts shall be	258
credited to one or more of the funds created under that section as	259
determined by the board.	260

(G) At the request of the public employees retirement	261
system, the uniform retirement system shall certify to the public	262
employees retirement system a copy of the records of the service	263
and contributions of a public employees retirement system member	264
who seeks service credit under this section. The uniform	265
retirement system shall specify the portions of the amounts	266
transferred that are attributable to employee contributions,	267
employer contributions, and interest.	268

(H) If a member of the public employees retirement system	269
who is not a current contributor elects to receive service credit	270
under section 742.214 or 5505.41 of the Revised Code for	271
transferred service credit, as defined in those sections, the	272
system shall transfer to the uniform retirement system, as	273
applicable, the amount specified in division (B) or (C) of section	274
742.214 or division (B) or (C) of section 5505.41 of the Revised	275
Code.	276

(I) The board may adopt rules to implement this section.

277

Sec.  742.21.  (A) As used in this section and sections	279
742.211 to 742.213742.214 of the Revised Code:	280

(1) "Full-time service" has the meaning established by rule	281
of the board of trustees of the Ohio police and fire pension fund.	282

(2) "Military service credit" means credit for service in	283
the armed forces of the United States purchased or obtained from	284
the fund, or from the Cincinnati retirement system, public	285
employees retirement system, school employees retirement system,	286
or state teachersa non-uniform retirement system.	287

(3) "Non-uniform retirement system" or "non-uniform system"	288
means the public employees retirement system, school employees	289
retirement system, or state teachers retirement system.	290

(B) Unless section 742.212 of the Revised Code applies and	291
except as provided in division (I) of this section, in computing	292
the pension and benefits payable under section 742.37 or 742.39 of	293
the Revised Code, the Ohio police and fire pension fund shall give	294
a member of the fund who is in the active service of a police or	295
fire department and is not receiving a pension or benefit payment	296
from the fund full credit for service credit earned for full-time	297
service as a member of the Cincinnati retirement system or	298
purchased or obtained as military service credit if, for each	299
year of service credit, the fund receives the sum of the	300
following:	301

(1) An amount, which shall be paid by the member, equal to	302
the amount withdrawn by the member from the retirement system that	303
is attributable to the year of service credit, with interest at a	304
rate established by the board on that amount from the date of	305
withdrawal to the date of payment;	306

(2) Interest, which shall be paid either by the member or	307
the Cincinnati retirement system, on the amount withdrawn by the	308
member from the Cincinnati retirement system that is attributable	309
to the year of service from the last day of the year for which the	310
service credit was earned or in which payment was made for	311
military service credit to the date the withdrawal was made;	312

(3) An amount, which shall be paid by either the member or	313
the Cincinnati retirement system, equal to the lesser of the	314
amount contributed by the employer to the Cincinnati retirement	315
system for the year of service or the amount that would have been	316
contributed by the employer for the year of service had the member	317
been employed by the member's current employer as a member of a	318
police or fire department at the time the credit was earned, with	319
interest on that amount from the last day of the year for which	320
the service credit was earned or in which payment was made for	321
military service credit to the date the payment is made;	322

(4) If the member became a member of the fund on or after	323
September 16, 1998, the amount, which shall be paid by the member,	324
determined pursuant to division (I) of this section.	325

Interest shall be determined in accordance with division (H)	326
of this section.	327

(C)(1) Except as provided in division (I) of this section,	328
in computing the pension and benefits payable under section 742.37	329
or 742.39 of the Revised Code, the fund shall give a member of the	330
fund who is in the active service of a police or fire department,	331
is not receiving a pension or benefit payment from the fund, and	332
has withdrawn the member's contributions from the public employees	333
retirement system, school employees retirement system, or state	334
teachersa non-uniform retirement system full credit for service	335
credit earned for full-time service as a member of the public	336
employees retirement system, school employees retirement system,	337
or state teachers retirementnon-uniform system or purchased or	338
obtained as military service credit if, for each year of service,	339
the fund receives the sum of the following:	340

(a) An amount, which shall be paid by the member, equal to	341
the amount withdrawn by the member from the former retirement	342
non-uniform system that is attributable to that year of service	343
credit, with interest at a rate established by the board on that	344
amount from the date of withdrawal to the date of payment;	345

(b) If the member is seeking credit for service under the	346
public employees retirement system or state teachers retirement	347
system, an amount, which shall be paid by the member, equal to the	348
amount of any employer contributions and interest on employee	349
contributions the member received under section 145.40 or 3307.563	350
of the Revised Code;	351

(c) Interest, which shall be transferred by the former	352
retirementnon-uniform system, on the amount withdrawn by the	353
member from the retirementnon-uniform system that is attributable	354
to the year of service from the last day of the year for which the	355
service credit was earned or in which payment was made for	356
military service credit to the date the withdrawal was made;	357

(d) An amount, which shall be transferred by the former	358
retirementnon-uniform system, equal to the lesser of the amount	359
contributed by the employer to the retirementnon-uniform system	360
for the year of service or the amount that would have been	361
contributed by the employer for the year of service had the member	362
been employed by the member's current employer as a member of a	363
police or fire department at the time the credit was earned, with	364
interest on thethat amount transferred from the last day of the	365
year for which the service credit was earned or in which payment	366
was made for military service credit to the date the transfer is	367
made;	368

(e) If the member became a member of the fund on or after	369
September 16, 1998, the amount, which shall be paid by the member,	370
determined pursuant to division (I) of this section.	371

(2) On receipt of payment from the member, the fund shall	372
notify the former retirementnon-uniform system, and on receipt of	373
the notice, the retirementnon-uniform system shall make the	374
transfer. Interest shall be determined in accordance with	375
division (H) of this section.	376

(3) The amount transferred under division (C)(1) of this	377
section by the public employees retirement system or state	378
teachers retirement system shall not include any amount of	379
employer contributions and interest on employee contributions the	380
member received under section 145.40 or 3307.563 of the Revised	381
Code.	382

(D) Except as provided in division (I) of this section, in	383
computing the pension and benefits payable under section 742.37 or	384
742.39 of the Revised Code, the fund shall give a member of the	385
fund who is in the active service of a police or fire department,	386
is not receiving a pension or benefit from the fund, and has	387
contributions on deposit with the public employees retirement	388
system, school employees retirement system, or state teachersa	389
non-uniform retirement system full credit for service credit	390
earned for full-time service as a member of one of those	391
retirement systems,the non-uniform system or service credit	392
purchased or obtained as military service credit, and any service	393
credit obtained under section 145.295, 3307.761, or 3309.73 of	394
the Revised Code for service for which contributions were made to	395
the state highway patrol retirement system. The credit shall be	396
given if both of the following occur:	397

(1) The retirementnon-uniform system transfers to the fund,	398
for each year of service, the sum of the following:	399

(a) The amount, contributed by the member or, in the case	400
of military service credit, paid by the member, that is	401
attributable to that service;	402

(b) An amount equal to the lesser of the amount contributed	403
by the employer to the retirementnon-uniform system for the year	404
of service or the amount that would have been contributed by the	405
employer for the year of service had the member been employed by	406
the member's current employer as a member of a police or fire	407
department at the time the credit was earned;	408

(c) An amount equal to any amount received by the retirement	409
system under section 145.295, 3307.761, or 3309.73 of the Revised	410
Code;	411

(d) Interest on the amounts specified in divisions	412
(D)(1)(a),and (b), and (c) of this section from the last day of	413
the year for which the service credit in the transferring	414
retirementnon-uniform system was earned or in which payment was	415
made for military service credit or credit under section 145.295,	416
3307.761, or 3309.73 of the Revised Code was purchased or obtained	417
to the date the transfer is made.	418

(2) If the member became a member of the fund on or after	419
September 16, 1998, the member pays the amount determined pursuant	420
to division (I) of this section.	421

On receipt of a request from the member, the appropriate	422
retirementnon-uniform system shall make the transfer specified in	423
division (D)(1) of this section. Interest shall be determined in	424
accordance with division (H) of this section.	425

(E) Subject to board rules, a member of the fund may choose	426
to purchase in any one payment only part of the credit the member	427
is eligible to purchase under division (B) or (C)(1) of this	428
section.	429

(F) At the request of the fund, the public employees	430
retirement system, school employees retirement system, state	431
teachersnon-uniform retirement system, or Cincinnati retirement	432
system shall certify to the fund a copy of the records of the	433
service and contributions of a member of the fund who seeks	434
service credit under this section.	435

(G) A member of the fund is ineligible to receive credit	436
under this section for service that is used in the calculation of	437
any retirement benefit currently being paid or payable in the	438
future to the member under any other retirement program, or	439
service rendered concurrently with any other period for which	440
service credit has already been granted, or for service credit	441
that may be transferred under section 742.214 of the Revised Code.	442

(H) Interest charged under this section shall be calculated	443
separately for each year of service credit. Unless otherwise	444
specified in this section, it shall be calculated at the lesser of	445
the actuarial assumption rate for that year of the fund or of the	446
retirement system in which the credit was earned. The interest	447
shall be compounded annually.	448

The board may, by rule, establish procedures for the receipt	449
of service credit under this section.	450

(I) The amount to be paid pursuant to division (B)(4),	451
(C)(4)(1)(e), or (D)(2) of this section or division (B)(2) or	452
(C)(2)(b) of section 742.212 of the Revised Code is the sum of the	453
following:	454

(1) An amount equal to the difference between the amount the	455
member paid as employee contributions for the service and the	456
amount the member would have paid had the member been employed by	457
the member's current employer as a member of a police or fire	458
department;	459

(2) An amount equal to the difference between the amount	460
paid or transferred under division (B)(3), (C)(3)(1)(d), or	461
(D)(1)(b) of this section or division (B)(2) or (C)(2)(b) of	462
section 742.212 of the Revised Code and the amount that would have	463
been contributed by the employer for the service had the member	464
been employed by the member's current employer as a member of a	465
police or fire department;	466

(3) Interest, determined in accordance with division (H) of	467
this section, on the amounts specified in divisions (I)(1) and (2)	468
of this section.	469

At the request of a member, in lieu of requiring payment of	470
all or part of the amount determined under this division the fund	471
may grant the member an amount of service credit under division	472
(B), (C), or (D) of this section or division (B) or (C) of section	473
742.212 of the Revised Code that is less than the amount for which	474
the member is eligible. The service credit granted shall be the	475
same percentage of the service credit for which the member is	476
eligible that the amount the fund receives under division (B),	477
(C), or (D) of this section or division (B) or (C) of section	478
742.212 of the Revised Code is of the total amount it would	479
receive under those divisions if the full amount determined under	480
this division was paid.	481

(J)(1) Except as provided in division (J)(2) of this section	482
and notwithstanding any contrary provision of this section, the	483
board shall, in computing a pension or benefit under section	484
742.37 or 742.39 of the Revised Code, give a member of the fund	485
who is not receiving a pension or disability benefit from the fund	486
full credit for service credit purchased under this section for	487
service that was less than full-time service if the member	488
provides evidence satisfactory to the board that, after receiving	489
written notice from the fund indicating that the member would be	490
permitted to purchase service credit for service that was less	491
than full-time, the member changed or ceased the member's	492
employment with the understanding that the credit identified in	493
the notice would be used in computing a pension or benefit. If	494
the board has canceled service credit purchased under this section	495
for service that was less than full-time service and the member	496
meets the requirements of division (J)(1) of this section, the	497
board shall restore the service credit on repayment to the fund of	498
the amount refunded to the member at the time of cancellation.	499

(2) If a member of the fund who is not receiving a pension	500
or disability benefit from the fund purchased credit under this	501
section for service that was less than full-time service and does	502
not meet the requirements of division (J)(1) of this section, the	503
board shall refund to the member any amounts paid to purchase the	504
credit, with interest at a rate determined by the board from the	505
date the member purchased the credit to the date of the refund.	506

(K) A member of the fund who has purchased service credit	507
under this section, or the member's estate, is entitled to a	508
refund of the amount or portion of the amount paid to purchase the	509
credit if the purchased credit or portion of credit does not	510
increase a pension or benefit payable under section 742.37 or	511
742.39 of the Revised Code. The refund cancels an equivalent	512
amount of service credit.	513

(L) If a member or former member of the fund who is not a	514
current contributor and has not received a refund of accumulated	515
contributions elects to receive credit under section 145.295,	516
3307.761, or 3309.73 of the Revised Code for service for which	517
the member contributed to the fund or purchased as military	518
service credit, the fund shall transfer to the public employees	519
retirement system, school employees retirement system, or state	520
teachersnon-uniform retirement system the amount specified in	521
division (B) of section 145.295 of the Revised Code, division	522
(B)(C) of section 3307.761 of the Revised Code, or division (B) of	523
section 3309.73 of the Revised Code.	524

(M) The board shall adopt rules establishing a payroll	525
deduction plan for the purchase of service credit under this	526
section. The rules shall meet the requirements described in	527
section 742.56 of the Revised Code.	528

Sec. 742.214. (A) As used in this section, "transferred	529
service credit" means service credit purchased or obtained under	530
section 145.295, 145.2913, 3307.761, 3307.765, 3309.73, or	531
3309.731 of the Revised Code prior to the date a member commenced	532
the employment covered by the Ohio police and fire pension fund	533
for which the member is currently contributing to the fund.	534

(B) A member of the Ohio police and fire pension fund who is	535
in the active service of a police or fire department and has	536
contributions on deposit with, but is no longer contributing to, a	537
non-uniform retirement system shall, in computing years of	538
service, be given full credit for transferred service credit if a	539
transfer to the Ohio police and fire pension fund is made under	540
this section. At the request of a member, the non-uniform system	541
shall transfer to the Ohio police and fire pension fund the sum of	542
the following:	543

(1) An amount equal to the amounts transferred to the	544
non-uniform system under section 145.295, 145.2913, 3307.761,	545
3307.765, 3309.73, or 3309.731 of the Revised Code;	546

(2) Interest, determined as provided in division (E) of this	547
section, on the amount specified in division (B)(1) of this	548
section for the period from the last day of the year in which the	549
transfer under section 145.295, 145.2913, 3307.761, 3307.765,	550
3309.73, or 3309.731 of the Revised Code was made to the date a	551
transfer is made under this section.	552

(C) A member of the fund with at least eighteen months of	553
contributing service credit with the Ohio police and fire pension	554
fund who is in the active service of a police or fire department	555
and has received a refund of contributions to a non-uniform	556
retirement system shall, in computing years of service, be given	557
full credit for transferred service credit if, for each year of	558
service, the Ohio police and fire pension fund receives the sum of	559
the following:	560

(1) An amount, which shall be paid by the member, equal to	561
the amount refunded by the non-uniform system to the member for	562
that year for transferred service credit, with interest on that	563
amount from the date of the refund to the date a payment is made	564
under this section;	565

(2) Interest, which shall be transferred by the non-uniform	566
system, on the amount refunded to the member for the period from	567
the last day of the year in which the transfer under section	568
145.295, 145.2913, 3307.761, 3307.765, 3309.73, or 3309.731 of the	569
Revised Code was made to the date the refund was made;	570

(3) If the non-uniform system retained any portion of the	571
amount transferred under section 145.295, 145.2913, 3307.761,	572
3307.765, 3309.73, or 3309.731 of the Revised Code, an amount,	573
which shall be transferred by the non-uniform system, equal to the	574
amount retained, with interest on that amount for the period from	575
the last day of the year in which the transfer under section	576
145.295, 145.2913, 3307.761, 3307.765, 3309.73, or 3309.731 of the	577
Revised Code was made to the date a transfer is made under this	578
section.	579

On receipt of payment from the member, the Ohio police and	580
fire pension fund shall notify the non-uniform system, which, on	581
receipt of the notice, shall make the transfer required by this	582
division. Interest shall be determined as provided in division	583
(E) of this section.	584

(D) Service credit purchased or obtained under this section	585
shall be used in computing the pension and benefits payable under	586
section 742.37 or 742.39 of the Revised Code. A member may choose	587
to purchase only part of the credit the member is eligible to	588
purchase under division (C) of this section in any one payment,	589
subject to rules adopted by the board of trustees of the Ohio	590
police and fire pension fund. A member is ineligible to purchase	591
or obtain service credit under this section for service to be used	592
in the calculation of any retirement benefit currently being paid	593
or payable to the member in the future under any other retirement	594
program or for service credit that may be purchased or obtained	595
under section 742.21 of the Revised Code.	596

(E) Interest charged under this section shall be calculated	597
separately for each year of service credit at the lesser of the	598
actuarial assumption rate for that year of the Ohio police and	599
fire pension fund or of the non-uniform retirement system to which	600
the credit was transferred under section 145.295, 145.2913,	601
3307.761, 3307.765, 3309.73, or 3309.731 of the Revised Code. The	602
interest shall be compounded annually.	603

(F) Any amounts transferred or paid under divisions (B) and	604
(C) of this section that are attributable to contributions made by	605
the member or to amounts paid to purchase service credit shall be	606
credited to the police officers' contribution fund or	607
firefighters' contribution fund created under section 742.59 of	608
the Revised Code, as applicable. Any remaining amounts shall be	609
credited to one or more of the funds created under that section as	610
determined by the board.	611

(G) At the request of the Ohio police and fire pension fund,	612
the non-uniform retirement system shall certify to the fund a copy	613
of the records of the service and contributions of a member of the	614
fund who seeks service credit under this section. The non-uniform	615
retirement system shall specify the portions of the amounts	616
transferred that are attributable to employee contributions,	617
employer contributions, and interest.	618

(H) If a member of the fund who is not a current contributor	619
elects to receive service credit under section 145.2913, 3307.765,	620
or 3309.731 of the Revised Code for transferred service credit, as	621
defined in those sections, the fund shall transfer to the	622
non-uniform retirement system, as applicable, the amount specified	623
in division (B) or (C) of section 145.2913, division (B) or (C) of	624
section 3307.765, or division (B) or (C) of section 3309.731 of	625
the Revised Code.	626

(I) The board may adopt rules to implement this section.

627

Sec. 742.371.  (A) As used in this section, "lay off" has	629
the same meaning as in division (A) of section 742.27 of the	630
Revised Code.	631

(B) AExcept for service credit transferred under section	632
742.214 of the Revised Code, a member of the fund who has	633
voluntarily resigned or who voluntarily resigns or who has been or	634
is removed from active service in a police or fire department for	635
any reason other than a lay off that was involuntary, as certified	636
pursuant to division (C) of this section, and receives or has	637
received from a police relief and pension fund under division (I)	638
of former section 741.49 of the Revised Code, or from a firemen's	639
relief and pension fund under division (I) of former section	640
741.18 of the Revised Code, or from a township firemen's relief	641
and pension fund under division (I) of former section 521.11 of	642
the Revised Code, or from the Ohio police and fire pension fund	643
under division (G) of section 742.37 of the Revised Code, an	644
amount equal to the sum deducted from the member's salary and	645
credited to one of such funds shall, upon reinstatement to the	646
active service of such police or fire department, deposit with the	647
Ohio police and fire pension fund an amount equal to the sum so	648
received by the member, with interest compounded annually thereon,	649
at a rate to be determined by the board of trustees of the Ohio	650
police and fire pension fund, from the date of such receipt to the	651
date of such deposit. The member may choose to purchase only part	652
of such credit in any one payment, subject to board rules. Such	653
member shall not be entitled to receive any pension or benefit	654
payments under division (B) or (C) of section 742.37 or section	655
742.39 of the Revised Code until the member has made the deposit	656
required by this section.	657

(C) A member of the fund who has been or is removed from	658
active service in a police or fire department as a result of a lay	659
off that was involuntary, as certified pursuant to this division,	660
and receives or has received from a police relief and pension fund	661
under division (I) of former section 741.49 of the Revised Code,	662
or from a firemen's relief and pension fund under division (I) of	663
former section 741.18 of the Revised Code, or from a township	664
firemen's relief and pension fund under division (I) of former	665
section 521.11 of the Revised Code, or from the Ohio police and	666
fire pension fund under division (G) of section 742.37 of the	667
Revised Code, an amount equal to the sum deducted from the	668
member's salary and credited to one of such funds may, upon	669
reinstatement to the active service of such police or fire	670
department, deposit with the Ohio police and fire pension fund an	671
amount equal to the sum so received by the member, with interest	672
compounded annually thereon, at a rate to be determined by the	673
board of trustees of the Ohio police and fire pension fund from	674
the date of such receipt to the date of such deposit. The member	675
may choose to purchase only part of such credit in any one	676
payment, subject to board rules.	677

If any police or fire department reinstates a member of the	678
fund who was removed from active service in that police or fire	679
department as a result of a lay off that was involuntary, the	680
police or fire department shall upon the request of that member	681
certify to the fund that the member was removed from active	682
service in that police or fire department as a result of a lay off	683
that was involuntary.	684

Sec. 742.375. AExcept for service credit transferred under	685
section 742.214 of the Revised Code, a member of the fund who is	686
in the active service of a police or fire department and is not	687
receiving a pension or benefit payment from the Ohio police and	688
fire pension fund shall, in computing years of active service in	689
such department under division (C) of section 742.37 or section	690
742.39 of the Revised Code, be given full credit for the time	691
served in the state highway patrol retirement system, provided	692
such member pays into the Ohio police and fire pension fund the	693
amount received by the member under section 5505.19 of the Revised	694
Code, with interest compounded annually thereon at a rate to be	695
determined by the board of trustees of the Ohio police and fire	696
pension fund from the date of such receipt to the date of such	697
deposit. The member may choose to purchase only part of such	698
credit in any one payment, subject to board rules.	699

Upon certification by the board to the board of the state	700
highway patrol retirement system of such payment by the member of	701
the fund, the state highway patrol retirement board shall pay from	702
the employer's accumulation fund under division (C) of section	703
5505.03 of the Revised Code to the Ohio police and fire pension	704
fund an amount equal to the payment of the member of the fund.	705

Sec. 3307.761.  (A) As used in this section, "militaryand	706
section 3307.765 of the Revised Code:	707

(1) "Uniform retirement system" or "uniform system" means	708
the Ohio police and fire pension fund or state highway patrol	709
retirement system.	710

(2) "Military service credit" means credit purchased or	711
obtained under this chapter or Chapter 742. or 5505. of the	712
Revised Code for service in the armed forces of the United States.	713

(B) A member of the state teachers retirement system	714
participating in the plan described in sections 3307.50 to 3307.79	715
of the Revised Code who has contributions on deposit with the Ohio	716
police and fire pension fund or the state highway patrola uniform	717
retirement system shall, in computing years of total service, be	718
given full credit for service credit earned under Chapter 742. or	719
5505. of the Revised Code or for military service credit if a	720
transfer to the state teachers retirement system is made under	721
this division. At the request of the member, the Ohio police and	722
fire pension fund or state highway patrol retirementuniform	723
system shall transfer to the state teachers retirement system, for	724
each year of service, the sum of the following:	725

(1) An amount equal to the member's accumulated	726
contributions to the transferring fund oruniform system,and any	727
payments by the member for military service credit, and any	728
amounts paid under section 742.375 or 5505.201 of the Revised Code	729
to purchase service credit;	730

(2) An amount equal to the lesser of the employer's	731
contributions to the Ohio police and fire pension fund or state	732
highway patrol retirementuniform system or the amount that would	733
have been contributed by the employer for the service had the	734
member been a member of the state teachers retirement system at	735
the time the credit was earned;	736

(3) Interest, determined as provided in division (F) of this	737
section, on the amounts specified in divisions (B)(1) and (2) of	738
this section from the last day of the year for which the service	739
credit in the transferring fund oruniform system was earned or in	740
which payment was made for military service credit or service	741
credit under section 742.375 or 5505.201 of the Revised Code was	742
purchased or obtained to the date the transfer is made.	743

(C) A member participating in the plan described in sections	744
3307.50 to 3307.79 of the Revised Code who has at least eighteen	745
months of contributing service with the state teachers retirement	746
system, is a former member of the Ohio police and fire pension	747
fund or state highway patrola uniform retirement system, and has	748
received a refund of contributions to that fund oruniform system	749
shall, in computing years of total service, be given full credit	750
for service credit earned under Chapter 742. or 5505. of the	751
Revised Code or for military service credit if, for each year of	752
service, the state teachers retirement system receives the sum of	753
the following:	754

(1) An amount, which shall be paid by the member, equal to	755
the amount refunded by the Ohio police and fire pension fund or	756
the state highway patrol retirementuniform system to the member	757
for that year for accumulated contributions and payments for	758
military service credit, with interest at a rate established by	759
the state teachers retirement board on that amount from the date	760
of the refund to the date of the payment;	761

(2) Interest, which shall be transferred by the Ohio police	762
and fire pension fund or state highway patrol retirementuniform	763
system, on the amount refunded to the member that is attributable	764
to the year of service from the last day of the year for which the	765
service credit was earned or in which payment was made for	766
military service credit to the date the refund was made;	767

(3) An amount, which shall be transferred by the Ohio police	768
and fire pension fund or state highway patrol retirementuniform	769
system, equal to the lesser of the employer's contributions to	770
the Ohio police and fire pension fund or state highway patrol	771
retirementuniform system or the amount that would have been	772
contributed by the employer for the service had the member been a	773
member of the state teachers retirement system at the time the	774
credit was earned, with interest on that amount from the last day	775
of the year for which the service credit was earned or in which	776
payment was made for military service to the date of the	777
transfer.	778

On receipt of payment from the member, the state teachers	779
retirement system shall notify the Ohio police and fire pension	780
fund or the state highway patrol retirementuniform system, which,	781
on receipt of the notice, shall make the transfer required by this	782
division. Interest shall be determined as provided in division	783
(F) of this section.	784

A member may choose to purchase only part of the credit the	785
member is eligible to purchase under this division in any one	786
payment, subject to rules of the state teachers retirement board.	787

(D) A member is ineligible to obtain credit under this	788
section for service that is used in the calculation of any	789
retirement benefit currently being paid or payable in the future	790
under any other retirement program or for service credit that may	791
be transferred under section 3307.765 of the Revised Code.	792

(E) If a member of the state teachers retirement system who	793
is not a current contributor elects to obtain credit under section	794
742.21 or 5505.40 of the Revised Code for service for which the	795
member contributed to the state teachers retirement system or made	796
paymentpurchased for military service credit, the state teachers	797
retirement system shall transfer to the Ohio police and fire	798
pension fund or state highway patroluniform retirement system, as	799
applicable, the amount specified in division (D) of section 742.21	800
or division (B)(2) of section 5505.40 of the Revised Code.	801

(F) Interest charged under this section shall be calculated	802
separately for each year of service credit. Unless otherwise	803
specified in this section it shall be calculated at the lesser of	804
the actuarial assumption rate for that year of the state teachers	805
retirement system or of the fund oruniform retirement system in	806
which the credit was earned. The interest shall be compounded	807
annually.	808

(G) The state teachers retirement board shall credit to a	809
member's account in the teachers' savings fund the amounts	810
described in divisions (B)(1) and (C)(1) of this section, except	811
that the interest paid by the member under division (C)(1) of this	812
section shall be credited to the employers' trust fund. The board	813
shall credit to the employers' trust fund the amounts described in	814
divisions (B)(2) and (3) and (C)(2) and (3) of this section.	815

(H) At the request of the state teachers retirement system,	816
the Ohio police and fire pension fund or state highway patrol	817
retirement system shall certify to the state teachers retirement	818
system a copy of the records of the service and contributions of a	819
state teachers retirement system member who seeks service credit	820
under this section.	821

Sec. 3307.765. (A) As used in this section, "transferred	822
service credit" means service credit purchased or obtained under	823
section 742.21, 742.214, 742.375, 5505.201, 5505.40, or 5505.41 of	824
the Revised Code prior to the date a member commenced the	825
employment covered by the state teachers retirement system for	826
which the member is currently contributing to the system.	827

(B) A member of the state teachers retirement system who has	828
contributions on deposit with, but is no longer contributing to, a	829
uniform retirement system shall, in computing years of total	830
service, be given full credit for transferred service credit if a	831
transfer to the state teachers retirement system is made under	832
this section. At the request of a member, the uniform system	833
shall transfer to the state teachers retirement system the sum of	834
the following:	835

(1) An amount equal to the amounts transferred to the	836
uniform system under section 742.21, 742.214, 742.375, 5505.201,	837
5505.40, or 5505.41 of the Revised Code;	838

(2) Interest, determined as provided in division (E) of this	839
section, on the amount specified in division (B)(1) of this	840
section for the period from the last day of the year in which the	841
transfer under section 742.21, 742.214, 742.375, 5505.201,	842
5505.40, or 5505.41 of the Revised Code was made to the date a	843
transfer is made under this section.	844

(C) A member of the state teachers retirement system with at	845
least eighteen months of contributing service credit with the	846
state teachers retirement system who has received a refund of	847
contributions to a uniform retirement system shall, in computing	848
years of total service, be given full credit for transferred	849
service credit if, for each year of service, the state teachers	850
retirement system receives the sum of the following:	851

(1) An amount, which shall be paid by the member, equal to	852
the amount refunded by the uniform system to the member for that	853
year for transferred service credit, with interest on that amount	854
from the date of the refund to the date a payment is made under	855
this section;	856

(2) Interest, which shall be transferred by the uniform	857
system, on the amount refunded to the member for the period from	858
the last day of the year in which the transfer under section	859
742.21, 742.214, 742.375, 5505.201, 5505.40, or 5505.41 of the	860
Revised Code was made to the date the refund was made;	861

(3) If the uniform system retained any portion of the amount	862
transferred under section 742.21, 742.214, 742.375, 5505.201,	863
5505.40, or 5505.41 of the Revised Code, an amount, which shall be	864
transferred by the uniform system, equal to the amount retained,	865
with interest on that amount for the period from the last day of	866
the year in which the transfer under section 742.21, 742.214,	867
742.375, 5505.201, 5505.40, or 5505.41 of the Revised Code was	868
made to the date a transfer is made under this section.	869

On receipt of payment from the member, the state teachers	870
retirement system shall notify the uniform system, which, on	871
receipt of the notice, shall make the transfer required by this	872
division. Interest shall be determined as provided in division	873
(E) of this section.	874

(D) A member may choose to purchase only part of the credit	875
the member is eligible to purchase under division (C) of this	876
section in any one payment, subject to rules adopted by the state	877
teachers retirement board. A member is ineligible to purchase or	878
obtain service credit under this section for service to be used in	879
the calculation of any retirement benefit currently being paid or	880
payable to the member in the future under any other retirement	881
program or for service credit that may be purchased or obtained	882
under section 3307.761 of the Revised Code.	883

(E) Interest charged under this section shall be calculated	884
separately for each year of service credit at the lesser of the	885
actuarial assumption rate for that year of the state teachers	886
retirement system or of the uniform retirement system to which the	887
credit was transferred under section 742.21, 742.214, 742.375,	888
5505.201, 5505.40, or 5505.41 of the Revised Code. The interest	889
shall be compounded annually.	890

(F) Any amounts transferred or paid under divisions (B) and	891
(C) of this section that are attributable to contributions made by	892
the member or to amounts paid to purchase service credit shall be	893
credited to the teachers' savings fund created under section	894
3307.14 of the Revised Code. Any remaining amounts shall be	895
credited to one or more of the funds created under that section as	896
determined by the board.	897

(G) At the request of the state teachers retirement system,	898
the uniform retirement system shall certify to the state teachers	899
retirement system a copy of the records of the service and	900
contributions of a state teachers retirement system member who	901
seeks service credit under this section. The uniform retirement	902
system shall specify the portions of the amounts transferred that	903
are attributable to employee contributions, employer	904
contributions, and interest.	905

(H) If a member of the state teachers retirement system who	906
is not a current contributor elects to receive service credit	907
under section 742.214 or 5505.41 of the Revised Code for	908
transferred service credit, as defined in those sections, the	909
system shall transfer to the uniform retirement system, as	910
applicable, the amount specified in division (B) or (C) of section	911
742.214 or division (B) or (C) of section 5505.41 of the Revised	912
Code.	913

(I) The board may adopt rules to implement this section.

914

Sec.  3309.73.  (A) As used in this section, "militaryand	916
section 3309.731 of the Revised Code:	917

(1) "Uniform retirement system" or "uniform system" means	918
the Ohio police and fire pension fund or state highway patrol	919
retirement system.	920

(2) "Military service credit" means service credit purchased	921
or obtained under this chapter or Chapter 742. or 5505. of the	922
Revised Code for service in the armed forces of the United States.	923

(B) A member of the school employees retirement system who	924
has contributions on deposit with the Ohio police and fire pension	925
fund or the state highway patrola uniform retirement system	926
shall, in computing years of total service, be given full credit	927
for service credit earned under Chapter 742. or 5505. of the	928
Revised Code or purchased or obtained for military service credit	929
if a transfer to the school employees retirement system is made	930
under this division. At the request of the member, the Ohio	931
police and fire pension fund or state highway patrol retirement	932
uniform system shall transfer to the school employees retirement	933
system, for each year of service, the sum of the following:	934

(1) An amount equal to the member's accumulated	935
contributions to the transferring fund oruniform system,and any	936
payments by the member for military service credit, and any	937
amounts paid under section 742.375 or 5505.201 of the Revised Code	938
to purchase service credit;	939

(2) An amount equal to the lesser of the employer's	940
contributions to the Ohio police and fire pension fund or state	941
highway patrol retirementuniform system or the amount that would	942
have been contributed by the employer for the service had the	943
member been a member of the school employees retirement system at	944
the time the credit was earned;	945

(3) Interest, determined as provided in division (F) of this	946
section, on the amounts specified in divisions (B)(1) and (2) of	947
this section from the last day of the year for which the service	948
credit in the transferring fund oruniform system was earned or in	949
which payment was made for military service credit or service	950
credit under section 742.375 or 5505.201 of the Revised Code was	951
purchased or obtained to the date the transfer is made.	952

(C) A member who has at least eighteen months of	953
contributing service with the school employees retirement system,	954
is a former member of the Ohio police and fire pension fund or	955
state highway patrola uniform retirement system, and has received	956
a refund of contributions to that fund oruniform system shall, in	957
computing years of total service, be given full credit for service	958
credit earned under Chapter 742. or 5505. of the Revised Code or	959
purchased or obtained for military service credit if, for each	960
year of service, the school employees retirement system receives	961
the sum of the following:	962

(1) An amount, which shall be paid by the member, equal to	963
the amount refunded by the Ohio police and fire pension fund or	964
the state highway patrol retirementuniform system to the member	965
for that year for accumulated contributions and payments for	966
purchase of credit for military service credit, with interest at	967
a rate established by the school employees retirement board on	968
that amount from the date of the refund to the date of the	969
payment;	970

(2) Interest, which shall be transferred by the Ohio police	971
and fire pension fund or state highway patrol retirementuniform	972
system, on the amount refunded to the member that is attributable	973
to the year of service from the last day of the year for which the	974
service credit was earned or in which payment was made for	975
military service credit to the date the refund was made;	976

(3) An amount, which shall be transferred by the Ohio police	977
and fire pension fund or state highway patrol retirementuniform	978
system, that is equal to the lesser of the employer's	979
contributions to the Ohio police and fire pension fund or state	980
highway patrol retirementuniform system or the amount that would	981
have been contributed by the employer for the service had the	982
member been a member of the school employees retirement system at	983
the time the credit was earned, with interest on that amount from	984
the last day of the year for which the service credit was earned	985
or in which payment was made for military service credit to the	986
date of the transfer.	987

On receipt of payment from the member, the school employees	988
retirement system shall notify the Ohio police and fire pension	989
fund or the state highway patrol retirementuniform system, which,	990
on receipt of the notice, shall make the transfer required by this	991
division. Interest shall be determined as provided in division	992
(F) of this section. The member may choose to purchase only part	993
of such credit in any one payment, subject to board rules.	994

(D) A member is ineligible to obtain service credit under	995
this section for service that is used in the calculation of any	996
retirement benefit currently being paid or payable in the future	997
to the member under any other retirement program or for service	998
credit that may be transferred under section 3309.731 of the	999
Revised Code.	1000

Service credit obtained under this section shall be	1001
considered the equivalent of Ohio service credit.	1002

(E) If a member of the school employees retirement system	1003
who is not a current contributor elects to obtain credit under	1004
section 742.21 or 5505.40 of the Revised Code for service for	1005
which the member contributed to the school employees retirement	1006
system or made payment for military service credit, the school	1007
employees retirement system shall transfer to the Ohio police and	1008
fire pension fund or state highway patroluniform retirement	1009
system, as applicable, the amount specified in division (D) of	1010
section 742.21 or division (B)(2) of section 5505.40 of the	1011
Revised Code.	1012

(F) Interest charged under this section shall be calculated	1013
separately for each year of service credit. Unless otherwise	1014
specified in this section, it shall be calculated at the lesser of	1015
the actuarial assumption rate for that year of the school	1016
employees retirement system or of the fund oruniform retirement	1017
system in which the credit was earned. The interest shall be	1018
compounded annually.	1019

(G) At the request of the school employees retirement	1020
system, the Ohio police and fire pension fund or state highway	1021
patroluniform retirement system shall certify to the school	1022
employees retirement system a copy of the records of the service	1023
and contributions of a school employees retirement system member	1024
who seeks service credit under this section.	1025

Sec. 3309.731. (A) As used in this section, "transferred	1026
service credit" means service credit purchased or obtained under	1027
section 742.21, 742.214, 742.375, 5505.201, 5505.40, or 5505.41 of	1028
the Revised Code prior to the date a member commenced the	1029
employment covered by the school employees retirement system for	1030
which the member is currently contributing to the system.	1031

(B) A member of the school employees retirement system who	1032
has contributions on deposit with, but is no longer contributing	1033
to, a uniform retirement system shall, in computing years of	1034
service, be given full credit for transferred service credit if a	1035
transfer to the school employees retirement system is made under	1036
this section. At the request of a member, the uniform system	1037
shall transfer to the school employees retirement system the sum	1038
of the following:	1039

(1) An amount equal to the amounts transferred to the	1040
uniform system under section 742.21, 742.214, 742.375, 5505.201,	1041
5505.40, or 5505.41 of the Revised Code;	1042

(2) Interest, determined as provided in division (E) of this	1043
section, on the amount specified in division (B)(1) of this	1044
section for the period from the last day of the year in which the	1045
transfer under section 742.21, 742.214, 742.375, 5505.201,	1046
5505.40, or 5505.41 of the Revised Code was made to the date a	1047
transfer is made under this section.	1048

(C) A member of the school employees retirement system with	1049
at least eighteen months of contributing service credit with the	1050
school employees retirement system who has received a refund of	1051
contributions to a uniform retirement system shall, in computing	1052
years of service, be given full credit for transferred service	1053
credit if, for each year of service, the school employees	1054
retirement system receives the sum of the following:	1055

(1) An amount, which shall be paid by the member, equal to	1056
the amount refunded by the uniform system to the member for that	1057
year for transferred service credit, with interest on that amount	1058
from the date of the refund to the date a payment is made under	1059
this section;	1060

(2) Interest, which shall be transferred by the uniform	1061
system, on the amount refunded to the member for the period from	1062
the last day of the year in which the transfer under section	1063
742.21, 742.214, 742.375, 5505.201, 5505.40, or 5505.41 of the	1064
Revised Code was made to the date the refund was made;	1065

(3) If the uniform system retained any portion of the amount	1066
transferred under section 742.21, 742.214, 742.375, 5505.201,	1067
5505.40, or 5505.41 of the Revised Code, an amount, which shall be	1068
transferred by the uniform system, equal to the amount retained,	1069
with interest on that amount for the period from the last day of	1070
the year in which the transfer under section 742.21, 742.214,	1071
742.375, 5505.201, 5505.40, or 5505.41 of the Revised Code was	1072
made to the date a transfer is made under this section.	1073

On receipt of payment from the member, the school employees	1074
retirement system shall notify the uniform system, which, on	1075
receipt of the notice, shall make the transfer required by this	1076
division. Interest shall be determined as provided in division	1077
(E) of this section.	1078

(D) Service credit purchased or obtained under this section	1079
shall be considered the equivalent of Ohio service credit. A	1080
member may choose to purchase only part of the credit the member	1081
is eligible to purchase under division (C) of this section in any	1082
one payment, subject to rules adopted by the school employees	1083
retirement board. A member is ineligible to purchase or obtain	1084
service credit under this section for service to be used in the	1085
calculation of any retirement benefit currently being paid or	1086
payable to the member in the future under any other retirement	1087
program or for service credit that may be purchased or obtained	1088
under section 3309.73 of the Revised Code.	1089

(E) Interest charged under this section shall be calculated	1090
separately for each year of service credit at the lesser of the	1091
actuarial assumption rate for that year of the school employees	1092
retirement system or of the uniform retirement system to which the	1093
credit was transferred under section 742.21, 742.214, 742.375,	1094
5505.201, 5505.40, or 5505.41 of the Revised Code. The interest	1095
shall be compounded annually.	1096

(F) Any amounts transferred or paid under divisions (B) and	1097
(C) of this section that are attributable to contributions made by	1098
the member or to amounts paid to purchase service credit shall be	1099
credited to the employees' savings fund created under section	1100
3309.47 of the Revised Code. Any remaining amounts shall be	1101
credited to one or more of the funds created under that section as	1102
determined by the board.	1103

(G) At the request of the school employees retirement	1104
system, the uniform retirement system shall certify to the school	1105
employees retirement system a copy of the records of the service	1106
and contributions of a school employees retirement system member	1107
who seeks service credit under this section. The uniform	1108
retirement system shall specify the portions of the amounts	1109
transferred that are attributable to employee contributions,	1110
employer contributions, and interest.	1111

(H) If a member of the school employees retirement system	1112
who is not a current contributor elects to receive service credit	1113
under section 742.214 or 5505.41 of the Revised Code for	1114
transferred service credit, as defined in those sections, the	1115
system shall transfer to the uniform retirement system, as	1116
applicable, the amount specified in division (B) or (C) of section	1117
742.214 or division (B) or (C) of section 5505.41 of the Revised	1118
Code.	1119

(I) The board may adopt rules to implement this section.

1120

Sec. 5505.201. AExcept for service credit transferred under	1121
section 5505.41 of the Revised Code, a member of the state highway	1122
patrol retirement system shall, in computing years of active	1123
service in the highway patrol under sections 5505.16, 5505.17, and	1124
5505.18 of the Revised Code, be given full credit for time served	1125
as a police officer or firefighter covered under Chapter 742. and	1126
former Chapters 521. and 541. of the Revised Code, provided such	1127
member pays to the state highway patrol retirement system the	1128
amount received by the member under division (I) of former section	1129
521.11, division (I) of former section 741.18, division (I) of	1130
former section 741.49, or division (G) of section 742.37 of the	1131
Revised Code, with compound interest thereon at a rate to be	1132
determined by the state highway patrol retirement board from the	1133
date of such receipt to the date of such deposit. A member may	1134
choose to purchase only part of such credit in any one payment,	1135
subject to board rules.	1136

Upon certification by the state highway patrol retirement	1137
board to the board of trustees of the Ohio police and fire pension	1138
fund of such payment by the member, the Ohio police and fire	1139
pension fund shall pay from the appropriate employers'	1140
contribution fund under section 742.59 of the Revised Code to the	1141
state highway patrol retirement system an amount equal to the	1142
payment of the member.	1143

Sec.  5505.40.  (A) As used in this section and section	1144
5505.41 of the Revised Code:	1145

(1) "Full-time service" means full-time service as defined	1146
by rule which shall be adopted by the state highway patrol	1147
retirement board.	1148

(2) "Military service credit" means credit for service in	1149
the armed forces of the United States purchased or obtained under	1150
this chapter or Chapter 145., 3307., or 3309. of the Revised Code.	1151

(3) "Non-uniform retirement system" or "non-uniform system"	1152
means the public employees retirement system, school employees	1153
retirement system, or state teachers retirement system.	1154

(B)(1)(a) For purposes of computing the pension payable	1155
under section 5505.17 or 5505.18 of the Revised Code, a member of	1156
the state highway patrol retirement system who is a former member	1157
of the public employees retirement system, school employees	1158
retirement system, or state teachersa non-uniform retirement	1159
system and has received a return of contributions from the former	1160
retirementnon-uniform system shall be given full credit for	1161
service credit earned for full-time service as a member of the	1162
former retirementnon-uniform system or purchased or obtained as	1163
military service credit if, for each year of service credit, the	1164
state highway patrol retirement system receives the sum of the	1165
following:	1166

(i) An amount, which shall be paid by the member to the	1167
member's credit in the employees' savings fund, equal to the	1168
amount received by the member from the former retirement	1169
non-uniform system for that year that is attributable to	1170
contributions made for full-time service and payments for military	1171
service credit, plus interest at a rate established by the board	1172
on that amount from the date payment was made to the member by the	1173
former retirementnon-uniform system to the date the member makes	1174
the payment to the state highway patrol retirement system;	1175

(ii) If a member is seeking credit for service under the	1176
public employees retirement system or state teachers retirement	1177
system, an amount, which shall be paid by the member, equal to the	1178
amount of any employer contributions and interest on employee	1179
contributions the member received under section 145.40 or 3307.563	1180
of the Revised Code;	1181

(iii) Interest, which shall be transferred by the former	1182
retirementnon-uniform system, on the amount received by the	1183
member that is attributable to the year of service from the last	1184
day of the year for which the service credit was earned or in	1185
which payment was made for military service credit to the date	1186
the amount was paid to the member;	1187

(iv) An amount, which shall be transferred by the former	1188
retirementnon-uniform system, equal to the lesser of the	1189
employer's contributions to the former retirementnon-uniform	1190
system for the year of service or the amount that would have been	1191
contributed by the employer for the full-time service had the	1192
member been a member of the state highway patrol retirement system	1193
at the time the credit was earned, with interest on that amount	1194
from the last day of the year for which the service credit was	1195
earned or in which payment was made for military service credit to	1196
the date the transfer is made.	1197

(b) On receipt of payment from the member, the state highway	1198
patrol retirement system shall notify the former retirement	1199
non-uniform system, which, on receipt of the notice, shall make	1200
the transfer required by this division. Interest shall be	1201
determined in accordance with division (F) of this section.	1202

(c) The amount transferred under division (B)(1)(a) of this	1203
section by the public employees retirement system or state	1204
teachers retirement system shall not include any amount of	1205
employer contributions and interest on employee contributions the	1206
member received under section 145.40 or 3307.563 of the Revised	1207
Code.	1208

(2) For purposes of computing the pension payable under	1209
section 5505.17 or 5505.18 of the Revised Code, a member of the	1210
state highway patrol retirement system who has contributions on	1211
deposit with the public employees retirement system, school	1212
employees retirement system, or state teachersa non-uniform	1213
retirement system shall be given full credit for service credit	1214
earned for full-time service as a member of that retirement	1215
non-uniform system,or any service credit purchased or obtained	1216
as military service credit, and any service credit obtained under	1217
section 145.295, 3307.761, or 3309.381 of the Revised Code for	1218
service for which contributions were made to the Ohio police and	1219
fire pension fund. The credit shall be given if, for each year of	1220
service, the public employees retirement system, school employees	1221
retirement system, or state teachers retirementnon-uniform system	1222
transfers to the state highway patrol retirement system the sum of	1223
the following:	1224

(a) The amount, contributed by the member or, in the case	1225
of military service, paid by the member, that is attributable to	1226
that service;	1227

(b) An amount equal to the lesser of the employer's	1228
contributions to the public employees retirement system, school	1229
employees retirement system, or state teachers retirement	1230
non-uniform system for the year of service or the amount that	1231
would have been contributed by the employer for the full-time	1232
service had the member been a member of the state highway patrol	1233
retirement system at the time the credit was earned;	1234

(c) An amount equal to any amount received by the retirement	1235
system under section 145.295, 3307.761, or 3309.351 of the Revised	1236
Code;	1237

(d) Interest, determined in accordance with division (F) of	1238
this section, on the amounts specified in divisions (B)(2)(a),and	1239
(b), and (c) of this section from the last day of the year for	1240
which the service credit in the transferring retirement	1241
non-uniform system was earned or in which payment was made for	1242
military service credit or service credit under section 145.295,	1243
3307.761, or 3309.351 of the Revised Code was purchased or	1244
obtained to the date the transfer is made.	1245

On receipt of a request from the member, the appropriate	1246
retirementnon-uniform system shall make the transfer.	1247

(3) Unless section 5505.402 of the Revised Code applies,	1248
for purposes of computing the pension payable under section	1249
5505.17 or 5505.18 of the Revised Code, a member of the state	1250
highway patrol retirement system who has contributions on deposit	1251
with the Cincinnati retirement system shall be given full credit	1252
for service credit earned for full-time service as a member of	1253
that retirement system or purchased or obtained as military	1254
service credit if, for each year of service credit, the state	1255
highway patrol retirement system receives the sum of the	1256
following:	1257

(a) An amount, which shall be paid by the member to the	1258
member's credit in the employees' savings fund, equal to the	1259
amount withdrawn from the Cincinnati retirement system that is	1260
attributable to that year of service, with interest on that amount	1261
determined in accordance with division (F) of this section from	1262
the date of withdrawal to the date of payment;	1263

(b) Interest, which shall be paid either by the member or	1264
the Cincinnati retirement system, on the amount withdrawn from the	1265
Cincinnati retirement system that is attributable to the year of	1266
service from the last day of the year for which the service credit	1267
was earned or in which payment was made for military service	1268
credit to the date the amount was withdrawn;	1269

(c) An amount, which shall be paid either by the member or	1270
the Cincinnati retirement system, equal to the lesser of the	1271
employer's contributions to the Cincinnati retirement system for	1272
the year of service or the amount that would have been contributed	1273
by the employer for the full-time service had the member been a	1274
member of the state highway patrol retirement system at the time	1275
the credit was earned, with interest on that amount from the last	1276
day of the year for which the service credit was earned or in	1277
which payment was made for military service to the date the	1278
payment is made.	1279

(C) If a member who is not a current contributor and has not	1280
received a refund of accumulated contributions elects to receive	1281
credit under section 145.295, 3307.761, or 3309.3513309.73 of the	1282
Revised Code for service for which the member contributed to the	1283
state highway patrol retirement system and credit purchased as	1284
military service credit, the state highway patrol retirement	1285
system shall transfer to the appropriate retirement system the	1286
amount specified in division (B)(C) of section 145.295, division	1287
(B) of section 3307.761, or division (B) of section 3309.73 of	1288
the Revised Code.	1289

(D)(1) A member is ineligible to purchase or otherwise	1290
receive credit under this section for service that is used in the	1291
calculation of any retirement benefit currently being paid or that	1292
is payable in the future to the member under any other retirement	1293
program, or service rendered concurrently with any other period	1294
for which service credit has already been granted, or for service	1295
credit that may be transferred under section 5505.41 of the	1296
Revised Code.	1297

(2) Except as provided under division (D)(3) of this	1298
section, no service credit purchased under this section or	1299
received as a result of a transfer requested under this section	1300
shall be used to determine any member's eligibility for retirement	1301
under sections 5505.16 and 5505.17 of the Revised Code.	1302

(3) Service credit obtained under this section by a member	1303
for military service credit or for service as a state highway	1304
patrol cadet attending training school pursuant to section 5503.05	1305
of the Revised Code shall be used to determine the member's	1306
eligibility for retirement under sections 5505.16 and 5505.17 of	1307
the Revised Code.	1308

(4) Subject to rules of the state highway patrol retirement	1309
system, a member may choose to purchase only part of the credit	1310
the member is eligible to purchase under division (B)(1) or (3) of	1311
this section.	1312

(E) At the request of the state highway patrol retirement	1313
system, the public employees retirement system, school employees	1314
retirement system, state teachersnon-uniform retirement system,	1315
or Cincinnati retirement system shall certify to the state highway	1316
patrol retirement system a copy of the records of service, salary,	1317
and contributions of a member who seeks service credit under this	1318
section.	1319

(F) Interest charged under this section shall be calculated	1320
separately for each year of service credit. Unless otherwise	1321
specified in this section, it shall be calculated at the lesser of	1322
the actuarial assumption rate for that year of the state highway	1323
patrol retirement system or of the retirement system in which the	1324
credit was earned. The interest shall be compounded annually.	1325

(G) The state highway patrol retirement system board may	1326
adopt rules establishing procedures for the purchase of service	1327
credit or the transfer of contributions under this section.	1328

Sec. 5505.41. (A) As used in this section, "transferred	1329
service credit" means service credit purchased or obtained under	1330
section 145.295, 145.2913, 3307.761, 3307.765, 3309.73, or	1331
3309.731 of the Revised Code prior to the date a member commenced	1332
the employment covered by the state highway patrol retirement	1333
system for which the member is currently contributing to the	1334
system.	1335

(B) A member of the state highway patrol retirement system	1336
who has contributions on deposit with, but is no longer	1337
contributing to, a non-uniform retirement system shall, in	1338
computing years of service, be given full credit for transferred	1339
service credit if a transfer to the state highway patrol	1340
retirement system is made under this section. At the request of a	1341
member, the non-uniform system shall transfer to the state highway	1342
patrol retirement system the sum of the following:	1343

(1) An amount equal to the amounts transferred to the	1344
non-uniform system under section 145.295, 145.2913, 3307.761,	1345
3307.765, 3309.73, or 3309.731 of the Revised Code;	1346

(2) Interest, determined as provided in division (E) of this	1347
section, on the amount specified in division (B)(1) of this	1348
section for the period from the last day of the year in which the	1349
transfer under section 145.295, 145.2913, 3307.761, 3307.765,	1350
3309.73, or 3309.731 of the Revised Code was made to the date a	1351
transfer is made under this section.	1352

(C) A member with at least eighteen months of contributing	1353
service credit with the state highway patrol retirement system who	1354
has received a refund of contributions to a non-uniform retirement	1355
system shall, in computing years of service, be given full credit	1356
for transferred service credit if, for each year of service, the	1357
state highway patrol retirement system receives the sum of the	1358
following:	1359

(1) An amount, which shall be paid by the member, equal to	1360
the amount refunded by the non-uniform system to the member for	1361
that year for transferred service credit, with interest on that	1362
amount from the date of the refund to the date a payment is made	1363
under this section;	1364

(2) Interest, which shall be transferred by the non-uniform	1365
system, on the amount refunded to the member for the period from	1366
the last day of the year in which the transfer under section	1367
145.295, 145.2913, 3307.761, 3307.765, 3309.73, or 3309.731 of the	1368
Revised Code was made to the date the refund was made;	1369

(3) If the non-uniform system retained any portion of the	1370
amount transferred under section 145.295, 145.2913, 3307.761,	1371
3307.765, 3309.73, or 3309.731 of the Revised Code, an amount,	1372
which shall be transferred by the non-uniform system, equal to the	1373
amount retained, with interest on that amount for the period from	1374
the last day of the year in which the transfer under section	1375
145.295, 145.2913, 3307.761, 3307.765, 3309.73, or 3309.731 of the	1376
Revised Code was made to the date a transfer is made under this	1377
section.	1378

On receipt of payment from the member, the state highway	1379
patrol retirement system shall notify the non-uniform system,	1380
which, on receipt of the notice, shall make the transfer required	1381
by this division. Interest shall be determined as provided in	1382
division (E) of this section.	1383

(D) Service credit purchased or obtained under this section	1384
shall be used in computing the pensions payable under section	1385
5505.17 or 5505.18 of the Revised Code. A member may choose to	1386
purchase only part of the credit the member is eligible to	1387
purchase under division (C) of this section in any one payment,	1388
subject to rules adopted by the state highway patrol retirement	1389
board. A member is ineligible to purchase or obtain service	1390
credit under this section for service to be used in the	1391
calculation of any retirement benefit currently being paid or	1392
payable to the member in the future under any other retirement	1393
program or for service credit that may be purchased or obtained	1394
under section 5505.40 of the Revised Code.	1395

(E) Interest charged under this section shall be calculated	1396
separately for each year of service credit at the lesser of the	1397
actuarial assumption rate for that year of the state highway	1398
patrol retirement system or of the non-uniform retirement system	1399
to which the credit was transferred under section 145.295,	1400
145.2913, 3307.761, 3307.765, 3309.73, or 3309.731 of the Revised	1401
Code. The interest shall be compounded annually.	1402

(F) Any amounts transferred or paid under divisions (B) and	1403
(C) of this section that are attributable to contributions made by	1404
the member or to amounts paid to purchase service credit shall be	1405
credited to the employees' savings fund created under section	1406
5505.03 of the Revised Code. Any remaining amounts shall be	1407
credited to one or more of the funds created under that section as	1408
determined by the board.	1409

(G) At the request of the state highway patrol retirement	1410
system, the non-uniform retirement system shall certify to the	1411
state highway patrol retirement system a copy of the records of	1412
the service and contributions of a member who seeks service credit	1413
under this section. The non-uniform retirement system shall	1414
specify the portions of the amounts transferred that are	1415
attributable to employee contributions, employer contributions,	1416
and interest.	1417

(H) If a member who is not a current contributor elects to	1418
receive service credit under section 145.2913, 3307.765, or	1419
3309.731 of the Revised Code for transferred service credit, as	1420
defined in those sections, the system shall transfer to the	1421
non-uniform retirement system, as applicable, the amount specified	1422
in division (B) or (C) of section 145.2913, division (B) or (C) of	1423
section 3307.765, or division (B) or (C) of section 3309.731 of	1424
the Revised Code.	1425

(I) The board may adopt rules to implement this section.

1426

Section 2. That existing sections 145.295, 742.21, 742.371,	1427
742.375, 3307.761, 3309.73, 5505.201, and 5505.40 of the Revised	1428
Code are hereby repealed.	1429