Ohio Code § 742.3712
Ohio Code § 742.3712. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 742.3712.
(A) Effective July 1, 1981, each person eligible to receive an age and service or disability
pension, allowance, or benefit pursuant to Chapter 742. of the Revised Code that was
based upon an award made effective before January 1, 1974, shall have the person's
monthly pension increased by five per cent, except that the twelve-month sum of such
increase shall not exceed five per cent of the first five thousand dollars of the
annual pension allowance or benefit. A member of the Ohio police and fire pension fund or a survivor who is receiving a
pension or benefit in accordance with the rules in force on April 1, 1947, governing
the granting of pensions and benefits, which provide an increase in the original pension
or benefit from time to time pursuant to changes in the salaries of active members,
shall not be eligible to receive the increase provided by this section. (B) Effective July 1, 1981, each person eligible to receive a survivor's benefit pursuant
to Chapter 742. of the Revised Code that was based upon an award made effective before
July 1, 1981, shall have the person's monthly benefit increased by five per cent,
except that the twelve-month sum of such increases shall not exceed five per cent
of the first five thousand dollars of the annual benefit. (C) The increases provided in divisions (A) and (B) of this section shall be applied
to the benefit payable on and after July 1, 1981. (D) The benefits provided in divisions (A) and (B) of this section are a continuation
of those first provided in Am. Sub. H.B. 204 as passed by the 113th general assembly. (E) On or before August 1, 1982, and on or before the first day of August in each year
thereafter, the board of trustees of the Ohio police and fire pension fund shall certify
to the treasurer of state the amounts needed to pay the cost of the additional payments
required under this section for the preceding fiscal year. Upon receipt of these certifications, the treasurer of state shall pay the amount
certified.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 742.3712
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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Common questions
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