Ohio § 742.51
Full text of Ohio Ohio Revised Code § 742.51, with citation guidance and answers to common questions.
§ 742.51.
Any person serving as a full-time regular member of a township fire department, or
a municipal fire or police department who was serving in that capacity on December
31, 1966, and was a member of the public employees retirement system on that date
and who has continued to serve in the same capacity and has continued as a member
of the public employees retirement system until filing an election after November
20, 1973, may elect prior to January 1, 1985, to transfer from the public employees
retirement system to the Ohio police and fire pension fund. When such an election is made, the public employees retirement system shall certify
to the Ohio police and fire pension fund a copy of the records of the service and
contributions of such member and shall transfer to the Ohio police and fire pension
fund all contributions to the credit of the member as a member of a police or fire
department, and an amount equal to the total employer contribution paid on service
as a member of a police or fire department, at the respective rates in effect during
the member's employment. The Ohio police and fire pension fund shall obtain from its actuary a certification
of the accrued liability for the member being transferred, less the amounts transferred
from the public employees retirement system, and such unfunded accrued liability shall
be charged to the municipal corporation or township in which the member is employed
and paid in full or paid by the employer at the rate of at least five per cent per
annum with interest at four per cent per annum on unpaid balances; payment and interest
to be paid semiannually on dates to be fixed by the board of trustees of the Ohio
police and fire pension fund. The Ohio police and fire pension fund may require any affected municipal corporation
or township to certify the period of full-time service and salary of any member requesting
transfer. A member transferred in accordance with this section shall be given service credit
by the Ohio police and fire pension fund equal to the period of full-time service
on which both member and employer made contributions to the public employees retirement
system, which contributions were transferred to the Ohio police and fire pension fund.
Frequently Asked Questions About Ohio § 742.51
What does Ohio Revised Code § 742.51 cover?
Section 742.51 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 § 742.51?
A common citation format is "Ohio Revised Code § 742.51" (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 § 742.51 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.