State Codes and Statutes
Statutes > Ohio > Title33 > Chapter3307 > 3307_771
3307.771 Purchasing service credit for time spent on pregnancy or adoption.
As used in this section, “regular employment” means a consistent pattern of employment for twelve or more consecutive weeks by the same employer during the year. A member of the state teachers retirement system participating in the plan described in sections 3307.50 to 3307.79 of the Revised Code who prior to July 1, 1982, was granted a leave of absence for pregnancy or resigned due to pregnancy or adoption of a child may purchase service credit for a period for which the member did not make contributions under section 3307.26 of the Revised Code. Service credit purchased under this section shall not exceed the lesser of two years or the period from the day the leave commenced or the effective date of resignation to the date of the member’s return to regular employment as a contributor to the retirement system. A member may purchase credit for more than one period of absence due to pregnancy or adoption, but the total service credit purchased under this section, former section 3307.513, and former section 3307.514 of the Revised Code shall not exceed two years. The member shall submit evidence satisfactory to the retirement board documenting that the leave or resignation was due to pregnancy or adoption of a child. For each year of service credit purchased under this section, the member shall pay to the system for credit to the member’s accumulated account an amount determined by multiplying the employee rate of contribution in effect at the time the leave or absence commenced by the member’s annual compensation for full-time employment during the first year of service in Ohio following termination of the absence or leave and adding to that amount interest compounded annually, at a rate established by the board, from the date the absence or leave terminated to the date of payment. A member may purchase all or part of the credit for which the member is eligible in one or more payments. A member who purchases service credit for an absence or leave under this section may not purchase credit for that absence or leave under section 3307.77 of the Revised Code. A member who has purchased service credit for an absence or leave under former section 3307.513 or 3307.514 or section 3307.77 of the Revised Code may not purchase credit under this section for the same period of absence or leave. The state teachers retirement board may adopt rules to implement this section.
Effective Date: 09-14-2000
