Ohio Admin. Code 145-2-46

Rule 145-2-46. Beneficiary's percentage under joint-life and multiple-life plans

Last amended: 2025Year: 2026Length: 137 wordsOfficial source
111.15 Unless a court order specifically requires a member to allocate to the member's former spouse less than ten per cent of the member's monthly retirement allowance, the portion of a retirement allowance that continues after death to a member's surviving beneficiary pursuant to the plan of payment described in division (B)(1) or (B)(3) of section 145.46 of the Revised Code shall be expressed as a whole percentage and shall meet or exceed the greater of the following: (A) Ten per cent of the member's monthly retirement allowance; (B) A percentage that causes the beneficiary's monthly benefit to be at least fifty dollars. Last updated January 2, 2025 at 9:55 AM Supplemental Information Authorized By: 145.09 , 145.46 Amplifies: 145.32 , 145.33 , 145.331 , 145.332 , 145.335 , 145.37 , 145.46 9/30/2026 4/6/2007 (Emer.), 9/1/2013 (Emer.)
Ohio Admin. Code 145-2-46: Rule 145-2-46. Beneficiary's percentage under joint-life and multiple-life plans | Justis AI