Ohio § 742.56
Full text of Ohio Ohio Revised Code § 742.56, with citation guidance and answers to common questions.
§ 742.56.
(A) The board of trustees of the Ohio police and fire pension fund may by rule establish
a payroll deduction plan for payment of the following: (1) The cost of service credit members of the fund are eligible to purchase under this
chapter; (2) Charges for participation in programs established under section 742.53 of the Revised Code ; (3) Deposits under section 742.451 of the Revised Code and any charges for participation in the program established under that section. (B) In addition to any other matter considered relevant by the trustees, the rules shall
specify all of the following: (1) The types of service credit that may be paid for through payroll deduction, including
the section of the Revised Code that authorizes the purchase of each type of service
credit for which payment may be made by payroll deduction; (2) The procedure to be followed by a member to inform the member's employer and the
Ohio police and fire pension fund that the member wishes to purchase service credit
under this chapter or pay for participation in programs established under section 742.53 of the Revised Code and chooses to pay for it through payroll deduction; (3) The procedure to be followed by the fund to determine for each request the amount
to be deducted, the number of deductions to be made, and the interval at which deductions
will be made. The rules may provide for a minimum amount for each deduction or a maximum number
of deductions for the purchase of any type of credit, but shall provide that no deduction
may exceed the member's net compensation after all deductions and withholdings required
by law. (4) The procedure to be followed by employers in transmitting amounts deducted from the
salaries of their employees to the fund; (5) The procedure to be followed by the fund in crediting service credit to members who
choose to purchase it through payroll deduction. (C) If the trustees of the fund establish a payroll deduction plan under this section,
the trustees shall certify to the member's employer for each member for which deductions
are to be made, the amount of each deduction and the payrolls from which deductions
are to be made. The employer shall make the deductions as certified and transmit the amounts deducted
on or before the last day of the month following the last day of the reporting period
during which the deductions are made. The deduction shall be accompanied by a report, in such form as the board requires,
that includes the name of each member for whom deductions were made and the deductions
attributed to that member. If the employer fails to transmit the deductions or the report on or before the
last day of the month following the last day of the reporting period during which
the deductions are made, a penalty determined under section 742.352 of the Revised Code shall be assessed against the employer. On certification by the board to the county auditor of an amount due from an employer
within the county who is subject to this division, by reason of the employer's delinquency
in transmitting amounts due under this division for past months, those amounts shall
be withheld from the employer from any funds in the hands of the county treasurer
for distribution to the employer. On receipt of the certification, the county auditor shall draw a warrant against
the funds in favor of the Ohio police and fire pension fund for the amount. (D) Rules adopted under this section shall not affect any right to purchase service credit
conferred by any other section of the Revised Code, including the right of a member
under any such section to purchase only part of the service credit the member is eligible
to purchase.
Frequently Asked Questions About Ohio § 742.56
What does Ohio Revised Code § 742.56 cover?
Section 742.56 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 § 742.56?
A common citation format is "Ohio Revised Code § 742.56" (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 § 742.56 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.