For each member participating in a PERS defined contribution plan, the employer shall contribute a per cent of the member’s earnable salary to the public employees retirement system as required in section 145.48 of the Revised Code, less the percentage required under section 145.87 of the Revised Code.

Terms Used In Ohio Code 145.86

  • Earnable salary: includes the following:

    (a) Payments made by the employer in lieu of salary, wages, or other earnings for sick leave, personal leave, or vacation used by the contributor;

    (b) Payments made by the employer for the conversion of sick leave, personal leave, and vacation leave accrued, but not used if the payment is made during the year in which the leave is accrued, except that payments made pursuant to section 124. See Ohio Code 145.01

  • employer: means the employer of any public employee. See Ohio Code 145.01
  • Member: includes a PERS retirant who becomes a member under division (C) of section 145. See Ohio Code 145.01

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