Ohio Revised Code (Last Updated: January 27, 2016) |
Title 33. XXXIII EDUCATION - LIBRARIES |
Chapter 3307. STATE TEACHERS RETIREMENT SYSTEM |
Section 3307.6910. Increase in benefits for awards prior to 7-1-79
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(A) The annual amount of each benefit that was based on an award made effective before July 1, 1979, shall be increased as follows: Effective Date of Award Per Cent of Increase in Benefit: Prior to July 1, 1971 4.15
July 1, 1971, through August 31, 1976 2.65 September 1, 1976, through June 30, 1979 1.4
(B) Effective June 1, 1990, in addition to the increase provided under division (A) of this section, the annual amount of each benefit that was based on an award made effective before July 1, 1979, shall be increased as follows: Effective Date of Award Per Cent of Increase in Benefit: Prior to July 1, 1971 4.15
July 1, 1971, through August 31, 1976 2.65 September 1, 1976, through June 30, 1979 1.4
(C) Amounts paid pursuant to this section shall not be included in the base for future increases under former section 3307.403 of the Revised Code in any benefit.
Effective Date: 07-13-2000