Crediting of interest to beneficiaries lump sum payments.

For purposes of determining the interest credited to a deceased member's account under section 145.471 of the Revised Code, interest shall be earned through the last day of the month prior to the first payment to a beneficiary under section 145.43 of the Revised Code. Effective: January 1, 2017 Promulgated Under: 111.15 Supplemental Information Authorized By: 145.09 Amplifies: 145.431 , 145.471 Five Year Review Date: 9/30/2026