Ohio Code 145.55 – Members deemed to consent to deductions
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The deductions provided for in this chapter shall be made notwithstanding that the minimum compensation provided for by law for any contributor is reduced thereby. Every contributor is deemed to consent to the deductions made and provided for in this chapter. Payment less the deductions shall be a complete discharge and acquittance of all claims and demands whatsoever for the services rendered by such person during the period covered by such payment.
Terms Used In Ohio Code 145.55
- contributor: includes any person participating in a PERS defined contribution plan. See Ohio Code 145.01
- Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59