MATTHIAS, J.
The first question for determination in this cause may adequately be framed as follows:
Does Section 5501.112, Revised Code, authorize, and do the agreement between relator and the School Employees Retirement Board and the actions of the parties thereunder amount to, the creation of a debt of the state in violation of Sections 1, 2c, or 3 of Article VIII, Ohio Constitution?
Section 1, Article VIII of our Constitution, provides:
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