Ohio Revised Code (RC) 3309.571 requires the School Employees Retirement System of Ohio (SERS) to impose penalties for late reporting, late payment or missing payment remittance. Due to the launch of the new eSERS system and associated technical issues, reporting and payment penalties temporarily were suspended. In a March 4 release, SERS provided notice that penalties will again be applied beginning March 11, 2019.
More information about reporting and payment penalties is available on SERS’ website or Penalty FAQ.
Posted by Megan E. Greulich on 3/4/2019