3307.89 Offering participation in defined contribution plan to members in defined benefit plan. - Ohio Statutes

3307.89 Offering participation in defined contribution plan to members in defined benefit plan.

The state teachers retirement board may offer to members participating in the plan described in sections 3307.50 to 3307.79 of the Revised Code the opportunity to also participate in one or more of the benefit options available under a plan established under section 3307.81 of the Revised Code. A member’s contributions to an option shall be credited to an individual account established for the member in the defined contribution fund.

Effective Date: 07-13-2000