Effective: March 24, 2003
Latest Legislation: House Bill 373 - 124th General Assembly
A member of the fund who is an employee of the police department of a municipal corporation, who has resigned or has been honorably discharged from membership in the fire department of the same municipal corporation, and who is not a participant in the deferred retirement option plan established under section 742.43 of the Revised Code shall, in computing years of service in the police department under section 742.37 or 742.39 of the Revised Code, be given full credit for time served in such fire department, provided the member has paid into the Ohio police and fire pension fund a sum equal to that which the member would have been required to pay, under former section 741.12 and section 742.31 of the Revised Code, as a member of such fire department during the years for which service credit is claimed had the member been contributing a percentage of the member's salary to a firemen's relief and pension fund or to the Ohio police and fire pension fund as provided by such sections during such years.
Structure Ohio Revised Code
Title 7 | Municipal Corporations
Chapter 742 | Police and Fire Pension Fund
Section 742.01 | Police and Fire Pension Fund Definitions.
Section 742.013 | Definitions for "Terminal Pay" and "Salary".
Section 742.02 | Creation and Purpose of Fund.
Section 742.03 | Board of Trustees to Administer and Control Fund.
Section 742.031 | Orientation Program Required for New Members - Continuing Education.
Section 742.032 | Members With Excessive Travel Expenses Ineligible for Another Term.
Section 742.041 | No Election if Only One Candidate Nominated.
Section 742.043 | Filing of Statements - Prohibited Campaign Activities.
Section 742.044 | Complaint Alleging Violation of Rc 742.043 - Procedure - Fine.
Section 742.046 | Disqualification of Convicted Member - Misconduct in Office - Removal Procedure.
Section 742.05 | Vacancy on Board of Trustees.
Section 742.06 | Oath or Affirmation of Office.
Section 742.07 | Meetings of Board of Trustees.
Section 742.08 | Expenses - Liability Insurance.
Section 742.09 | Attorney General Is Legal Counsel for Board.
Section 742.091 | Actions; Venue.
Section 742.10 | Powers of Board.
Section 742.101 | Transfer Expenses From Guarantee Fund to Expense Fund.
Section 742.102 | Travel Expense Policies - Bonus Policy - Budget.
Section 742.103 | Ethics Policy - Commission Approval - Ethics Training.
Section 742.105 | Selection of Internal Auditor.
Section 742.11 | Investment Powers of Board.
Section 742.111 | Prohibited Business Transactions.
Section 742.112 | Restrictions on Fiduciaries.
Section 742.113 | Conflicts of Interest.
Section 742.115 | Annual Disclosures to Ohio Ethics Commission.
Section 742.116 | Designation of Ohio-Qualified Investment Managers - Utilization - Annual Report.
Section 742.12 | Bonds Purchased From Taxing Districts.
Section 742.13 | Record of Proceedings Between Board and Taxing District.
Section 742.15 | Collecting and Retaining Data.
Section 742.16 | Amortizing Unfunded Actuarial Accrued Pension Liability.
Section 742.161 | Adjustment to Age and Years of Service Credit.
Section 742.17 | Form of Application or Election.
Section 742.21 | Service Credit for Membership in State or Municipal Retirement System.
Section 742.212 | Eligibility for Credit for Service in Cincinnati Retirement System.
Section 742.213 | Transferring Contributions to Cincinnati Retirement System.
Section 742.214 | Transferring Contributions on Deposit From Non-Uniform Retirement System.
Section 742.22 | Restoration to Active Duty After Receiving Disability Benefits.
Section 742.23 | Municipal Police Department Employee Credit for Service in Fire Department.
Section 742.24 | Municipal Fire Department Employee Credit for Service in Police Department.
Section 742.25 | Member Credit for Service Credit in Former Pension Funds.
Section 742.251 | Credit for Full Time Out-of-State or Federal Service.
Section 742.26 | Employment of Opfpf or Other State Retirement System Retirant.
Section 742.27 | Purchasing Service Credit for Lay Off Period.
Section 742.30 | Paying Employer's Accrued Liability.
Section 742.301 | Penalty and Interest on Late Payment of an Employer's Accrued Liability.
Section 742.31 | Contribution by Employee; Adjustments by Board.
Section 742.311 | Annual Review of Adequacy of Contribution Rates.
Section 742.32 | Reporting Employee Deductions.
Section 742.33 | Police Officer Employers' Contribution.
Section 742.34 | Firefighter Employers' Contribution.
Section 742.35 | Payment of Employer's Contribution.
Section 742.351 | Notice of Member's Election to Retire.
Section 742.352 | Failure to Transmit Certain Reports and Payments Concerning Deductions.
Section 742.353 | Failure to Transmit Certain Reports and Payments Concerning Retirement Election.
Section 742.361 | Certification of Amount Required to Be Paid.
Section 742.362 | Annual Payment in Lieu of Employer Contribution.
Section 742.37 | Rules for Disbursement of Benefits and Pensions.
Section 742.374 | Additional Pension Payments for Retirees on and After 12-31-71.
Section 742.375 | Credit for Time Served in State Highway Patrol Retirement System.
Section 742.376 | Credit for Service as a Full-Time Police Officer or Firefighter Prior to 1-1-67.
Section 742.377 | Increasing Survivor Benefits.
Section 742.378 | Additional Monthly Payment.
Section 742.3710 | Increasing Survivor Benefits.
Section 742.3711 | Optional Plans Upon Retirement.
Section 742.3712 | Increase in Monthly Pension, Allowance or Benefit Effective 7-1-81.
Section 742.3713 | Increase in Monthly Benefit Effective 11-15-81.
Section 742.3714 | Designating Contingent Dependent Beneficiary.
Section 742.3715 | Election of Retiree to Change to Optional Plan.
Section 742.3716 | Annual Increases in Pension or Benefits.
Section 742.3717 | Annual Cost of Living Increase.
Section 742.3718 | Minimum Pension or Benefit.
Section 742.3719 | Increase in Benefit or Allowance When Irc 415 Limits Increased.
Section 742.3721 | Qualified Governmental Excess Benefit Arrangement Maintained and Established.
Section 742.381 | Annual Report Disability Retirement Experience of Each Employer.
Section 742.39 | Eligibility for Disability Benefit.
Section 742.40 | Disability Benefit Recipient to Agree to Obtain Recommended Medical Treatment.
Section 742.41 | Annual Statement of Funds.
Section 742.42 | Maintenance of Individual Account.
Section 742.43 | Deferred Retirement Option Plan Established.
Section 742.44 | Electing to Participate in Deferred Retirement Option Plan.
Section 742.441 | Effect of Electing to Participate in Deferred Retirement Option Plan.
Section 742.444 | Termination of Participation in Deferred Retirement Option Plan.
Section 742.446 | Death Benefit if Electing to Participate in Deferred Retirement Option Plan.
Section 742.447 | Verifying Termination of Active Service.
Section 742.45 | Deduction From Benefit Payment for Group Health Insurance.
Section 742.451 | Additional Deposits to Fund Medical Expenses.
Section 742.46 | Vested Right to Pension or Benefit.
Section 742.461 | Restitution Order Based on Theft in Office or Certain Sex Offenses.
Section 742.462 | Order for Division of Marital Property.
Section 742.463 | Forfeiture of Retirement Benefits Under Rc 2929.192.
Section 742.464 | Benefits Subject to Termination.
Section 742.48 | Written Notice of Waiver.
Section 742.50 | Death Benefit.
Section 742.511 | Transfer of Police Officers of Newly Incorporated Municipality Prior to 12-1-83.
Section 742.513 | Township Officer Assuming Municipal Status May Transfer to Fund.
Section 742.514 | Transfer of Former Cincinnati Park Police Officers to Fund.
Section 742.515 | Firefighter's Election to Transfer From Public Employees Retirement System.
Section 742.516 | Firefighter's Election to Transfer to Public Employees Retirement System.
Section 742.52 | Purchasing Military Service Credit.
Section 742.521 | Credit for Military Service.
Section 742.53 | Long Term Care Insurance.
Section 742.54 | Volunteer Firemen's Relief and Pension Fund Operation and Maintenance.
Section 742.55 | Itemization of Purchases and Expenditures.
Section 742.56 | Payroll Deduction Plan for Payments for Service Credits.
Section 742.57 | Payments by Vouchers From State Treasury.
Section 742.58 | Lump Sum Death Benefit Payment.
Section 742.59 | Creation of Funds - Trustees.
Section 742.60 | Funds to Be Separate and Distinct Legal Entities.
Section 742.61 | Treasurer of State Is Custodian of Police and Fire Pension Fund.
Section 742.62 | Ohio Public Safety Officers Death Benefit Fund.
Section 742.63 | Adoption of Rules for Management of Fund and Disbursement of Benefits.