Ohio Admin. Code 742-3-01

Current through all regulations passed and filed through November 4, 2024
Section 742-3-01 - Effective date of retirement

Except as provided in section 742.37 or division (D) of section 742.38 of the Revised Code and rule742-3-05 of the Administrative Code, the effective date of any monthly pension or benefit payable under division (C) of section 742.37 or division (D) of section 742.38 of the Revised Code shall be the day following the final day for which compensation was last earned by virtue of working or using accrued leave to remain on active payroll status, unless the last day of compensation earned is on the thirtieth, which in that case, the effective date of retirement shall be the first day of the following month.

In no event shall there be overlapping salary and pension.

Ohio Admin. Code 742-3-01

Effective: 5/31/2020
Five Year Review (FYR) Dates: 3/6/2020 and 05/10/2025
Promulgated Under: 111.15
Statutory Authority: 742.10
Rule Amplifies: 742.37, 742.38
Prior Effective Dates: 01/01/1977, 07/24/1986 (Emer.), 10/16/1986, 09/16/1998 (Emer.), 12/10/1998, 07/17/2004, 11/20/2014