Ohio Rev. Code § 145.88

Current with legislation from 2024 received as of August 15, 2024.

Section 145.88 - Withholding

Amounts contributed under sections 145.85 and 145.86 of the Revised Code, and any earnings on those amounts, shall be deposited and credited in accordance with the PERS defined contribution plan that is selected by the member. The plan may include provisions authorizing the public employees retirement system to do either of the following:

(A) Withhold from the amounts contributed under sections 145.85 and 145.86 of the Revised Code a percentage of earnable salary or a fixed dollar amount that is determined by an actuary appointed by the public employees retirement board to be necessary to administer the plan;

(B) Withhold from the amounts contributed under section 145.86 of the Revised Code a percentage of earnable salary for the purpose of funding health care insurance coverage or any other type of health care benefit for a member participating in the plan.

R.C. § 145.88

Amended by 130th General Assembly, SB 42,§1, eff. 3/23/2015.

Amended by 129th General Assembly, SB 343, §1, eff. 1/7/2013.

Effective Date: 10-01-2002 .