Board Approves New Definition of Compensation
At its November 2024 meeting, the SERS Board adopted a new modernized definition of compensation to better align with how employers are currently compensating employees. The new definition is set forth in new administrative rule 3309-1-02 and will replace the existing definition of compensation effective July 1, 2025.
For your convenience, the new Rule 3309-1-02 is available for review on the Ohio Legislative Service Commission’s website: https://www.registerofohio.state.oh.us/pdfs/3309/0/1/3309-1-02_OF_N_RU_20240930_1512.pdf.
With the July 1, 2025 implementation of the updated compensation rule, we have scheduled a number of training sessions to assist you with this transition.
Upcoming educational opportunities include Sound Bite and Employer Education sessions.
Sound Bite: New Compensation Rule webinars have been scheduled for:
- January 8, 2025
- February 27, 2025
- March 12, 2025
- April 23, 2025
- May 15, 2025
- June 30, 2025
- July 22, 2025
An Employer Education: SERS-covered Compensation webinar also has been scheduled for September 24, 2025.
View and register for our upcoming training opportunities.
As a reminder, the effective date for the rule July 1, 2025. This means there are no changes in contribution payment types until that time.
 In the meantime, if you have questions regarding contributions on certain types of payments for SERS-covered employees under the existing definition of compensation, please contact Employer Services at employerservices@ohsers.org or 1-877-213-0861 for a compensation determination.
