Ohio Code § 5505.15
Ohio Code § 5505.15. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5505.15.
(A) A member of the state highway patrol retirement system shall contribute a certain
percentage of the member's annual salary to the state highway patrol retirement fund. The percentage shall be not less than ten per cent of the member's annual salary
but not more than fourteen per cent. The state highway patrol retirement board shall establish and may adjust the rate
as it considers necessary to meet the amortization period requirement of section 5505.121 of the Revised Code . The board shall base its determination of the necessary rate on the annual actuarial
valuation required by section 5505.12 of the Revised Code . The amount shall be deducted by the employer from the employee's salary for each
payroll period. (B) The state shall annually pay into the employer accumulation fund, in monthly or less
frequent installments as the state highway patrol retirement board requires, the employer
contribution. The employer contribution shall be an amount equal to twenty-six and one-half per
cent of the total salaries paid contributing members. If a member severs connection with the patrol or is dismissed, the employer contribution
shall remain in the retirement system. The rate percentage of the employer contribution shall be certified by the board to
the director of budget and management and shall not be lower than nine per cent of
the total salaries paid contributing members and shall not exceed three times the
rate percentage being deducted from the annual salaries of contributing members. The board shall prepare and submit to the director, on or before the first day of
November of each even-numbered year, an estimate of the amounts necessary to pay the
state's obligations accruing during the biennium beginning the first day of July of
the following year. Such amounts shall be included in the budget and allocated as certified by the board.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5505.15
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 5505.15?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 5505.15 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 5505.15 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.