Okla. Stat. tit. 11, § 11-49-143.2
This is the official text of Okla. Stat. tit. 11, § 11-49-143.2, 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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Additional retirement benefit
Official statutory text
A. The Oklahoma Firefighters Pension and Retirement System
shall pay to its retirees, who retire not later than June 30, 1997,
or their beneficiaries, from assets of the retirement system, an
additional amount, for the fiscal year ending June 30, 1998, based
upon the number of years of credited service upon which the
retirement benefit of the member was computed as follows:
1. For paid firefighters:
a. One Hundred Fifty Dollars ($150.00) for at least ten
(10), but no more than fourteen (14) years of service,
b. Three Hundred Dollars ($300.00) for at least fifteen
(15), but no more than nineteen (19) years of service,
c. Four Hundred Fifty Dollars ($450.00) for at least
twenty (20), but no more than twenty-four (24) years
of service, and
d. Six Hundred Dollars ($600.00) for twenty-five (25) or
more years of service.
2. For volunteer firefighters:
a. Seventy-five Dollars ($75.00) for at least ten (10),
but no more than fourteen (14) years of service,
b. One Hundred Fifty Dollars ($150.00) for at least
fifteen (15), but no more than nineteen (19) years of
service,
c. Two Hundred Twenty-five Dollars ($225.00) for at least
twenty (20), but no more than twenty-four (24) years
of service, and
d. Three Hundred Dollars ($300.00) for twenty-five (25)
or more years of service;
3. One Hundred Fifty Dollars ($150.00) for a paid firefighter
with less than ten (10) years of service who received a disability
retirement; and
Oklahoma Statutes - Title 11. Cities and Towns Page 603
4. Seventy-five Dollars ($75.00) for a volunteer firefighter
with less than ten (10) years of service who received a disability
retirement.
B. For purposes of subsection A or B of this section, months of
credited service in excess of a whole number of years shall be
disregarded for purposes of determining the applicable payment
amount.
C. The payment authorized by this section shall be distributed
not later than August 1, 1997.
D. The payment authorized by this section shall not be a
recurring benefit and shall only be made for the fiscal year ending
June 30, 1998, and for no other fiscal year.
E. If a retiree has multiple beneficiaries, the amount
prescribed by subsection A of this section shall be divided equally
among the beneficiaries on a per capita basis.
shall pay to its retirees, who retire not later than June 30, 1997,
or their beneficiaries, from assets of the retirement system, an
additional amount, for the fiscal year ending June 30, 1998, based
upon the number of years of credited service upon which the
retirement benefit of the member was computed as follows:
1. For paid firefighters:
a. One Hundred Fifty Dollars ($150.00) for at least ten
(10), but no more than fourteen (14) years of service,
b. Three Hundred Dollars ($300.00) for at least fifteen
(15), but no more than nineteen (19) years of service,
c. Four Hundred Fifty Dollars ($450.00) for at least
twenty (20), but no more than twenty-four (24) years
of service, and
d. Six Hundred Dollars ($600.00) for twenty-five (25) or
more years of service.
2. For volunteer firefighters:
a. Seventy-five Dollars ($75.00) for at least ten (10),
but no more than fourteen (14) years of service,
b. One Hundred Fifty Dollars ($150.00) for at least
fifteen (15), but no more than nineteen (19) years of
service,
c. Two Hundred Twenty-five Dollars ($225.00) for at least
twenty (20), but no more than twenty-four (24) years
of service, and
d. Three Hundred Dollars ($300.00) for twenty-five (25)
or more years of service;
3. One Hundred Fifty Dollars ($150.00) for a paid firefighter
with less than ten (10) years of service who received a disability
retirement; and
Oklahoma Statutes - Title 11. Cities and Towns Page 603
4. Seventy-five Dollars ($75.00) for a volunteer firefighter
with less than ten (10) years of service who received a disability
retirement.
B. For purposes of subsection A or B of this section, months of
credited service in excess of a whole number of years shall be
disregarded for purposes of determining the applicable payment
amount.
C. The payment authorized by this section shall be distributed
not later than August 1, 1997.
D. The payment authorized by this section shall not be a
recurring benefit and shall only be made for the fiscal year ending
June 30, 1998, and for no other fiscal year.
E. If a retiree has multiple beneficiaries, the amount
prescribed by subsection A of this section shall be divided equally
among the beneficiaries on a per capita basis.
Status: in_force · Read it on the official government site
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