Ohio § 5505.163
Full text of Ohio Ohio Revised Code § 5505.163, with citation guidance and answers to common questions.
§ 5505.163.
(A) A retirant who retired prior to September 21, 1994, under section 5505.16 of the Revised Code may elect to receive the actuarial equivalent of the retirant's pension in a lesser
amount payable for the remainder of the retirant's life and continuing after death
to the retirant's surviving designated beneficiary under one of the optional plans
described in division (A)(2)(a), (b), or (c) of section 5505.162 of the Revised Code,
provided the annual amount payable to the designated beneficiary shall not exceed
the annual amount payable to the retirant, the amount is certified by the actuary
employed by the state highway patrol retirement system to be the actuarial equivalent
of the retirant's pension, and the state highway patrol retirement board approves
the amount. (B) A retirant interested in making the election authorized by division (A) of this section
shall file a notice of interest with the board not later than sixty days after June
30, 2000. The board shall advise the retirant with respect to the choices available under
the optional plans and have a determination made of the monthly pension payable under
the optional plan elected by the member for inclusion in the statement to be filed
under division (C) of this section. (C) To make the election authorized by division (A) of this section, a retirant shall
file a statement, on a form provided by the board, indicating that the retirant elects
to participate in the optional plan specified in the statement. The form must be filed with the board not later than one hundred twenty days after
June 30, 2000. (D) A notice or statement mailed to the board shall be considered to have been filed
on its postmark date. (E) Any option elected and payments made under this section shall be in addition to any
pension payable to the retirant's surviving spouse, children, or parents under section 5505.17 of the Revised Code .
Frequently Asked Questions About Ohio § 5505.163
What does Ohio Revised Code § 5505.163 cover?
Section 5505.163 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 5505.163?
A common citation format is "Ohio Revised Code § 5505.163" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 5505.163 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.