Ohio Revised Code (Last Updated: January 27, 2016) |
Title 33. XXXIII EDUCATION - LIBRARIES |
Chapter 3307. STATE TEACHERS RETIREMENT SYSTEM |
Section 3307.143. Discontinuation of health care coverage; transfer of surplus
Latest version.
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If the state teachers retirement board discontinues health care coverage authorized under section 3307.39 of the Revised Code, on satisfaction of all liabilities for health care coverage at the time of the discontinuance of coverage, the board shall transfer any surplus in the health care fund established under division (H) of section 3307.14 of the Revised Code in a fair and appropriate manner to the employers that have contributed to the fund.
Added by 129th General AssemblyFile No.147, SB 342, §1, eff. 1/7/2013.