3309.43 Withdrawing contributions by member who is member of another state retirement system. - Ohio Statutes

3309.43 Withdrawing contributions by member who is member of another state retirement system.

(A) Except as provided in division (B) of this section, a member of the school employees retirement system who has ceased to be an employee, and who is also a member of either the public employees retirement system or the state teachers retirement system, or both, may not withdraw the member’s accumulated contributions.

(B) On application, the school employees retirement board shall pay a member described in division (A) of this section the member’s accumulated contributions if either of the following applies:

(1) The member also withdraws the member’s contributions from such other systems.

(2) The member is a participant in a plan established under section 145.81 or 3307.81 of the Revised Code and has withdrawn the member’s contributions under plans described in sections 145.201 to 145.79 and 3307.50 to 3307.79 of the Revised Code. The school employees retirement board may waive the annual expense fee where a member is contributing to another state retirement system provided such member is not at the same time contributing to the school employees retirement system.

Effective Date: 10-01-2002