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Employers Manual
Refunds
Combined Plan
Contributions may be withdrawn upon termination of STRS Ohio service
and upon submission of an Application for Withdrawal of STRS Ohio
Combined Plan Account form to STRS Ohio.
If members withdraw their accounts prior to age 50, they must withdraw both the defined benefit and defined contribution portions of their accounts.
At age 50 or after, they may withdraw the defined contribution portion upon terminating employment and leave the defined benefit portion on account for a benefit at age 60. They may withdraw the defined benefit portion only if they are withdrawing the defined contribution portion.
The defined benefit portion of the account has no value if the member withdraws before 5.00 years of service credit.
The Important Information About Withdrawing Your STRS Ohio Account for Members Enrolled in the STRS Ohio Defined Contribution or Combined Plan brochure should be carefully read before completing the application. The brochure should be retained by the member for his or her records.
Members cannot withdraw their STRS Ohio account if they are under any form of teaching contract, including substitute teaching; are under any type of verbal or written agreement for future teaching with a board of education or other Ohio public employer; are on a leave of absence; or are receiving disability benefits from STRS Ohio.
Each member should carefully consider any resulting loss of benefits when deciding to withdraw contributions. Withdrawn accounts cannot be restored. Members who withdraw their accounts are required to have their signature notarized. If the member is married, spousal consent is required, and the spouse’s signature must also be notarized.
Eligible college and university faculty who are active alternative retirement plan participants cannot receive a direct payment of their refund or roll over their eligible distribution to a traditional individual retirement account (IRA) or an eligible employer plan. If the alternative retirement plan participant chooses a refund of their account, the refund must be transferred to the alternative retirement plan selected.
