Ohio HB877 amends retirement service credit purchase limits for state employees.

Ohio HB877 amends provisions for purchasing retirement service credit for state employees. It allows members to buy credit for service rendered in other states or by the U.S. government, subject to certain conditions. The bill sets a limit of five years on the total service credit that can be purchased. It also mandates that the purchased credit must be combined with other eligible credits and cannot be used in calculating benefits from other retirement programs, except for Social Security.

Ohio HB877 amends retirement service credit purchase limits for state employees.

Ohio HB877 amends provisions for purchasing retirement service credit for state employees. It allows members to buy credit for service rendered in other states or by the U.S. government, subject to certain conditions. The bill sets a limit of five years on the total service credit that can be purchased. It also mandates that the purchased credit must be combined with other eligible credits and cannot be used in calculating benefits from other retirement programs, except for Social Security.