415 Retirement Plan
Original Approval Date: April 19, 1995
Revision Effective: May 20, 2009
Supersedes:
All employees (except elected officials and certain seasonal employees) are required by law to participate in the Public Employees Retirement System (PERS). Both the employee and the Tri-County Board are required to contribute to PERS, in amounts set by State law. The employee's contribution is paid by payroll deduction. The Board may elect to "pick-up" or pay the employee's share on a pre-tax basis.
Employees who separate from service prior to retirement eligibility may withdraw their own contributions without interest from the plan.
Employees with five (5) years of service are vested in the retirement system and those with ten (10) years of service are eligible for specified medical insurance coverages. Ohio Law determines contribution requirements and benefit eligibility and payment and this may change from time to time.
Questions regarding PERS should be directed to:
Public Employees Retirement System
277 E. Towne Street
Columbus, Ohio 43215
(614) 466-2085
800-222-7377
Revision Effective: May 20, 2009
Supersedes:
All employees (except elected officials and certain seasonal employees) are required by law to participate in the Public Employees Retirement System (PERS). Both the employee and the Tri-County Board are required to contribute to PERS, in amounts set by State law. The employee's contribution is paid by payroll deduction. The Board may elect to "pick-up" or pay the employee's share on a pre-tax basis.
Employees who separate from service prior to retirement eligibility may withdraw their own contributions without interest from the plan.
Employees with five (5) years of service are vested in the retirement system and those with ten (10) years of service are eligible for specified medical insurance coverages. Ohio Law determines contribution requirements and benefit eligibility and payment and this may change from time to time.
Questions regarding PERS should be directed to:
Public Employees Retirement System
277 E. Towne Street
Columbus, Ohio 43215
(614) 466-2085
800-222-7377
