Ohio Revised Code (Last Updated: January 27, 2016) |
Title 33. XXXIII EDUCATION - LIBRARIES |
Chapter 3309. PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM |
Section 3309.353. Increase in benefits established prior to 2-1-83
Latest version.
-
As used in this section, "benefit" means any allowance, pension, or other benefit to which an individual is entitled and that the individual receives pursuant to section 3309.36, 3309.40, 3309.45, or 3309.46 or former section 3309.38 of the Revised Code.
The annual amount of each benefit for which eligibility was established prior to February 1, 1983, shall, after the adjustment required by section 3309.374 of the Revised Code, be increased by five per cent.
Amended by 129th General AssemblyFile No.146, SB 341, §1, eff. 1/7/2013.
Effective Date: 02-16-1984