Ohio Admin. Code 5505-5-04

Current through all regulations passed and filed through December 23, 2024
Section 5505-5-04 - Interest rate

The annual compound interest rate to be used in computing service credit as defined in sections 5505.16, 5505.20, 5505.201, 5505.40, and 5505.25 of the Revised Code shall be the actuarial interest assumption rate adopted by the board.

Ohio Admin. Code 5505-5-04

Five Year Review (FYR) Dates: 1/18/2023 and 01/18/2028
Promulgated Under: 111.15
Statutory Authority: 5505.07
Rule Amplifies: 5505.16, 5505.20, 5505.201, 5505.40, 5505.25
Prior Effective Dates: 12/01/1987, 10/21/2005, 02/01/2013
Five Year Review (FYR) Dates: 2/20/2018 and 02/20/2023
Promulgated Under: 111.15
Statutory Authority: 5505.07
Rule Amplifies: 5505.16, 5505.20, 5505.201, 5505.40, 5505.25
Prior Effective Dates: 12/01/1987, 10/21/2005, 02/01/2013