Ohio Code § 742.516
Ohio Code § 742.516. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 742.516.
(A) Not later than ninety days after September 16, 1998, a member of the Ohio police
and fire pension fund who became a member of the fund as a result of the member's
employer changing from a fire department consisting primarily of part-time employees
to a fire department consisting primarily of full-time employees or who elected to
transfer to the fund from the public employees retirement system under section 742.515 of the Revised Code may elect to transfer to the public employees retirement system in accordance with
this section. An election shall be made by giving notice to the fund on a form provided by the
board of trustees of the fund and shall be irrevocable. (B) When a member makes the election described in this section, the fund shall notify
the system. The fund shall transfer all of the member's service credit to the system and shall
certify to the system a copy of the member's records of service and contributions. The fund shall transfer to the system all of the following: (1) Any amount transferred from the system to the fund pursuant to the election made
under section 742.515 of the Revised Code ; (2) An amount equal to the member's contributions to the fund; (3) An amount equal to the total employer contributions paid on behalf of the member; (4) Any amount paid by the member or employer to the fund for the purchase of service
credit. At the request of the system, the employer of a member who makes an election under
this section shall certify to the system the member's salary. (C) The system shall give the member full credit for all service as a member of the fund. If the system has on deposit contributions made by, or on behalf of, a member of
the fund who makes an election in accordance with this section, the system shall credit
the contributions in accordance with Chapter 145. of the Revised Code. (D) A member of the fund who fails to make an election in accordance with this section
shall remain a member of the fund.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 742.516
- 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 § 742.516?
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 § 742.516 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 § 742.516 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.
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