Ohio Admin. Code 742-9-18 - Overpayment of contributions by employer

(A) For purposes of this rule, "member contributions" shall mean the employee contributions required by sections 742.31 and 742.32 of the Revised Code. "Employer contributions" shall mean the police officer employers' contribution and firefighter employers' contribution required by sections 742.33, 742.34, and 742.35 of the Revised Code.

(B) OP&F will not issue a refund of overpaid member contributions that is less than one hundred dollars per member or payroll. Rather, a credit will be applied to the employer's account for a balance due in the future. An overpayment of member contributions that is one hundred dollars or more may be refunded to the employer, provided that the employer makes a written request for the overpayment. Otherwise, a credit will be applied to the employer's account for a balance due in the future.

(C) Except as provided in this rule, OP&F will not issue a refund of overpaid employer contributions resulting from a correction or adjustment to a member or payroll. Rather, a credit will be applied to the employer's account for a balance due in the future. A refund may be issued if an employer duplicates an entire monthly payment.

(D) OP&F shall annually review balances and communicate with employers.

Notes

Ohio Admin. Code 742-9-18

Five Year Review (FYR) Dates: 2/3/2023 and 02/03/2028
Promulgated Under: 111.15
Statutory Authority: 742.10
Rule Amplifies: 742.31, 742.32, 742.33, 742.34, 742.35
Prior Effective Dates: 02/25/2018

Effective: 2/25/2018
Five Year Review (FYR) Dates: 02/15/2023
Promulgated Under: 111.15
Statutory Authority: 742.10
Rule Amplifies: 742.31, 742.32, 742.33, 742.34, 742.35