New Definition of Compensation Effective July 1, 2025
At the November 2024 Board Meeting, the Board adopted a new definition of compensation, which will be effective July 1, 2025. The new administrative rule 3309-1-02 sets forth an expanded definition of SERS-covered compensation, as provided by Section 3309.01(V) of the Ohio Revised Code.
Employer Outreach provides several resources covering this new compensation definition.
View the latest Employer Hotline for a breakdown.
View the Compensation Chart:
A recorded webinar detailing these changes is available: https://youtu.be/-8a5f7XRe6s.