OHIO LEGISLATIVE SERVICE COMMISSION
Office of Research Legislative Budget
www.lsc.ohio.gov and Drafting Office
H.B. 296 Bill Analysis
135th General Assembly
Click here for H.B. 296’s Fiscal Note
Version: As Passed by the House
Primary Sponsors: Reps. Abrams and Hall
Effective Date:
Kailey Henry, Research Analyst
SUMMARY
▪ Increases, incrementally over a six-year period, the contribution amounts that employers
of full-time municipal police officers must make to the Ohio Police and Fire Pension Fund
(OP&F) from an amount equal to 19.5% of each officer’s salary to 24%.
▪ Increases the amount each OP&F member must contribute from 12.25% of the member’s
salary to 12.5% beginning July 1, 2030.
DETAILED ANALYSIS
Ohio Police and Fire Pension Fund employer contributions
The bill increases the contribution amounts that employers of full-time municipal police
officers must make to the Ohio Police and Fire Pension Fund (OP&F). The required employer
contribution is an amount equal to a percentage of each employee’s salary. Current law sets the
contribution rate at 19.5%. The bill does not change the amount that employers of full-time
firefighters must contribute to OP&F.
The bill phases in the employer contribution rate increases over a six-year period based
on employee salaries earned in pay periods beginning on and after July 1, 2025, through
July 1, 2030. Over the phase-in period, the current contribution rate of 19.5% increases beginning
July 1 of each year by 0.75% until it reaches 24%. The table below shows the employer
contribution rate increases under the bill.
December 6, 2024
Office of Research and Drafting LSC Legislative Budget Office
OP&F police officer employer contribution rate increases under the bill1
Date Contribution rate
Before July 1, 2025 19.5%
Beginning on July 1, 2025 20.25%
Beginning on July 1, 2026 21%
Beginning on July 1, 2027 21.75%
Beginning on July 1, 2028 22.5%
Beginning on July 1, 2029 23.25%
Beginning on and after July 1, 2030 24%
Current law sets the OP&F contribution rate for employers of full-time firefighters at
2
24%. Retirement and other benefits from OP&F are funded through employer and employee
contributions and earnings from investments of those contributions.3
OP&F employee contributions
OP&F’s membership consists of full-time firefighters and full-time municipal police
officers.4 The bill increases, beginning on and after July 1, 2030, the amount that each OP&F
member must contribute from 12.25% of the member’s salary to 12.5%.5
HISTORY
Action Date
Introduced 10-10-23
Reported, H. Pensions 11-20-24
Passed House (66-25) 12-04-24
ANHB0296PH-135/sb
1
R.C. 742.33.
2
R.C. 742.34, not in the bill.
3
Page 5 of OP&F’s 2023 Annual Comprehensive Financial Report (PDF), which may be accessed on OP&F’s
website: op-f.org, by selecting the “OP&F Reports” link under the “Information” tab and then selecting
the “Annual Comprehensive Financial Report” tab.
4
R.C. 742.01, not in the bill.
5
R.C. 742.31.
P a g e |2 H.B. 296
As Passed by the House


Statutes affected:
As Introduced: 742.33