Each member participating in a plan established under section 3309.81 of the Revised Code shall contribute a per cent of the member’s compensation to the school employees retirement system as required in section 3309.47 of the Revised Code. Contributions made under this section shall not exceed the limits established by section 415 of the “Internal Revenue Code of 1986,” 100 Stat. 2085, 26 U.S.C.A. 415, as amended.

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Terms Used In Ohio Code 3309.85

  • compensation: means all salary, wages, and other earnings paid to a contributor by reason of employment. See Ohio Code 3309.01
  • Member: includes a disability benefit recipient. See Ohio Code 3309.01