Okla. Stat. tit. 11, § 11-49-101.1
This is the official text of Okla. Stat. tit. 11, § 11-49-101.1, part of Oklahoma’s Stat. tit. 11, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 11,." Browse the sections below, each linked to its official government source.
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Purchase of credited service
Official statutory text
An eligible employer joining the Oklahoma Firefighters Pension
and Retirement System on or after July 1, 2000, may purchase up to
five (5) years of credited service for each volunteer member of a
volunteer fire department at the annual contribution rate in effect
as of the date of the purchase, provided verifiable evidence of
active firefighter service for the purchased years for each
individual is provided to the System. Even though the participating
Oklahoma Statutes - Title 11. Cities and Towns Page 528
municipality is exempt from contributions, contributions must be
paid for a volunteer firefighter to receive purchased credited
service. Payment for purchased credited service must be received by
the System within six (6) months of the date the eligible employer
becomes a participating municipality, and may be paid by the
individual member. Six (6) months from the date the eligible
employer becomes a participating municipality, any eligible prior
credited service not purchased shall expire and not be available for
determining benefits. Eligibility to receive purchased credited
service shall be limited to those members of the new volunteer fire
department enrolled at the time the eligible employer applies for
affiliation with the System pursuant to Section 49-105.2 of Title 11
of the Oklahoma Statutes.
and Retirement System on or after July 1, 2000, may purchase up to
five (5) years of credited service for each volunteer member of a
volunteer fire department at the annual contribution rate in effect
as of the date of the purchase, provided verifiable evidence of
active firefighter service for the purchased years for each
individual is provided to the System. Even though the participating
Oklahoma Statutes - Title 11. Cities and Towns Page 528
municipality is exempt from contributions, contributions must be
paid for a volunteer firefighter to receive purchased credited
service. Payment for purchased credited service must be received by
the System within six (6) months of the date the eligible employer
becomes a participating municipality, and may be paid by the
individual member. Six (6) months from the date the eligible
employer becomes a participating municipality, any eligible prior
credited service not purchased shall expire and not be available for
determining benefits. Eligibility to receive purchased credited
service shall be limited to those members of the new volunteer fire
department enrolled at the time the eligible employer applies for
affiliation with the System pursuant to Section 49-105.2 of Title 11
of the Oklahoma Statutes.
Status: in_force · Read it on the official government site
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