Ohio § 742.3717
Full text of Ohio Ohio Revised Code § 742.3717, with citation guidance and answers to common questions.
§ 742.3717.
(A)(1) Except as provided in division (A)(2) of this section, as used in this section, “ eligible person ” means a person who meets both of the following conditions: (a) The person is receiving an annual pension or benefit under division (A), (B), or
(C) of section 742.37 or division (C)(2), (3), (4), or (5) of former section 742.37
of the Revised Code based on an award made prior to July 24, 1986. (b) The person has not elected under section 742.3711 of the Revised Code to receive a retirement allowance under an optional benefit plan. (2) A person is not an eligible person if the person is receiving a pension or benefit
in accordance with rules in force on April 1, 1947, that govern the granting of pensions
and benefits and that provide an increase in the original pension or benefit from
time to time pursuant to changes in the salaries of active members. (B)(1) The board of trustees of the Ohio police and fire pension fund shall annually increase
all benefits payable to eligible persons by three hundred sixty dollars, except that
no benefit shall exceed the limit established by section 415 of the “Internal Revenue
Code of 1986,” 100 Stat. 2085, 26 U.S.C.A. 415 , as amended. (2) The first increase is payable to all eligible persons on July 1, 1988. The increase is payable for the ensuing twelve-month period or until the next increase
is granted under this section, whichever is later. The date of the first increase payable under this section shall be the anniversary
date for future increases. (3) If payment of a portion of a benefit is made to an alternate payee under section 742.462 of the Revised Code , increases under this section granted while the order is in effect shall be apportioned
between the alternate payee and the eligible person in the same proportion that the
amount being paid to the alternate payee bears to the amount paid to the eligible
person. If payment of a portion of a retirement allowance is made to one or more beneficiaries
under “option 4” under division (A)(4) of section 742.3711 of the Revised Code , each increase under this section granted while the plan of payment is in effect
shall be divided among the designated beneficiaries in accordance with the portion
each beneficiary has been allocated.
Frequently Asked Questions About Ohio § 742.3717
What does Ohio Revised Code § 742.3717 cover?
Section 742.3717 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 § 742.3717?
A common citation format is "Ohio Revised Code § 742.3717" (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 § 742.3717 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.