Ohio § 742.50

Full text of Ohio Ohio Revised Code § 742.50, with citation guidance and answers to common questions.

§ 742.50.

As used in this section, “ member's contribution ” means the total amount deducted from the salary of a member of the Ohio police and

fire pension fund and credited to the member's account in the fund. If a member of the fund dies before receiving pension and benefit payments from the

fund in an amount equal to the member's contribution and leaves no surviving spouse,

surviving children, or dependent parent eligible for monthly pension payments under section 742.37 of the Revised Code , the board of trustees of the Ohio police and fire pension fund shall pay to the

estate of such deceased member an amount equal to the member's contribution, less

the total amount received by such member as benefit or pension payments from such

fund. If a member who dies before receiving pension and benefit payments from the fund in

an amount equal to the member's contribution leaves one or more survivors eligible

for monthly pension payments under section 742.37 of the Revised Code but the total amount paid all survivors under that section is less than the member's

contribution, the fund shall pay to the survivors or their estates, in equal shares,

an amount equal to the member's contribution, less the total amount received by the

member and all survivors as benefit or pension payments from the fund. If the accumulated contributions of a deceased member are not claimed by a survivor,

or by the estate of the deceased member or survivor, within seven years, they shall

be transferred to the guarantee fund and thereafter paid to such survivor or to the

estate of the member or survivor upon application to the board.

Frequently Asked Questions About Ohio § 742.50

What does Ohio Revised Code § 742.50 cover?

Section 742.50 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 § 742.50?

A common citation format is "Ohio Revised Code § 742.50" (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 § 742.50 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.