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Former officers and chiefs push House Bill 424 to ease pension transfer barriers after 2015 change
Summary
At a second hearing on House Bill 424, a longtime deputy and other witnesses described how a 2015 statutory change limited lateral-transfer options and can force officers to work many additional years to consolidate retirement credit; proponents argued HB 424 would restore flexibility and ease hiring across agencies.
The House Public Insurance and Pensions Committee heard proponent testimony on House Bill 424, a measure aimed at addressing pension credit and transfer rules that currently complicate lateral moves between different Ohio public-safety retirement systems.
Why it matters: Witnesses told the committee the 2015 legislative change (Senate Bill 42) eliminated or curtailed previous joint-pension credit arrangements, forcing some officers who switch systems to work many additional years to carry service credit forward. Proponents argued that the change reduces lateral hiring and makes it harder for…
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