OHIO LEGISLATIVE SERVICE COMMISSION
Office of Research Legislative Budget
www.lsc.ohio.gov and Drafting Office
S.B. 194 Bill Analysis
135th General Assembly
Click here for S.B. 194’s Fiscal Note
Version: As Introduced
Primary Sponsor: Sen. Reynolds
Effective Date:
Kailey Henry, Research Analyst
SUMMARY
 Increases, incrementally over a four-year period, the contribution amounts that
employers of full-time municipal police officers must make to the Ohio Police and Fire
Pension Fund.
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 employees, or
employers of full-time firefighters, must contribute to OP&F.
The bill phases in the employer contribution rate increases over a four-year period
based on employee salaries earned in pay periods beginning June 30, 2024 through June 30,
2027. The table below shows the employer contribution rate increase for each time period
under the bill.
OP&F police officer employer contribution rate increases under the bill1
Time period Contribution rate
Before June 29, 2024 19.5%
June 30, 2024 through June 29, 2025 21%
1 R.C. 742.33.
December 19, 2023
Office of Research and Drafting LSC Legislative Budget Office
OP&F police officer employer contribution rate increases under the bill1
Time period Contribution rate
June 30, 2025 through June 29, 2026 22%
June 30, 2026 through June 29, 2027 23%
Beginning on and after June 30, 2027 24%
Current law sets the OP&F contribution rate for employers of full-time firefighters at
24%.2 Retirement and other benefits from OP&F are funded through employer and employee
contributions and earnings from investments of those contributions.3
HISTORY
Action Date
Introduced 11-27-23
ANSB0194IN-135/ks
2 R.C. 742.34, not in the bill.
3 Page 5 of OP&F’s 2022 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.
P a g e |2 S.B. 196
As Introduced


Statutes affected:
As Introduced: 742.33