Okla. Stat. tit. 11, § 11-50-105.2
This is the official text of Okla. Stat. tit. 11, § 11-50-105.2, 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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Administration of System - Rules and regulations -
Official statutory text
Accounts and records - Open meetings - Actuarial tables - Decisions
of Board - Actions.
A. The State Board shall be responsible for the policies and
rules for the general administration of the System, subject to the
provisions of this article.
B. The State Board shall establish rules and regulations for
the administration of the System and for the transaction of its
Oklahoma Statutes - Title 11. Cities and Towns Page 620
business consistent with law, which rules and regulations shall be
filed with the Secretary of State.
C. The State Board shall be responsible for the installation or
provision of a complete and adequate system of accounts and records.
D. All meetings of the State Board shall be open to the public.
The State Board shall keep a record of its proceedings.
E. The State Board may adopt all necessary actuarial tables to
be used in the operation of the System as recommended by the actuary
and may compile such additional data as may be necessary for
required actuarial valuation calculations.
F. All decisions of the State Board as to questions of fact
shall be final and conclusive on all persons except for the right of
review as provided by law and except for fraud or such gross mistake
of fact as to have effect equivalent to fraud.
G. The State Board shall take all necessary action upon
applications for pensions, disability benefits, refund of
accumulated contributions and shall take action on all other matters
deemed necessary by the State Board.
of Board - Actions.
A. The State Board shall be responsible for the policies and
rules for the general administration of the System, subject to the
provisions of this article.
B. The State Board shall establish rules and regulations for
the administration of the System and for the transaction of its
Oklahoma Statutes - Title 11. Cities and Towns Page 620
business consistent with law, which rules and regulations shall be
filed with the Secretary of State.
C. The State Board shall be responsible for the installation or
provision of a complete and adequate system of accounts and records.
D. All meetings of the State Board shall be open to the public.
The State Board shall keep a record of its proceedings.
E. The State Board may adopt all necessary actuarial tables to
be used in the operation of the System as recommended by the actuary
and may compile such additional data as may be necessary for
required actuarial valuation calculations.
F. All decisions of the State Board as to questions of fact
shall be final and conclusive on all persons except for the right of
review as provided by law and except for fraud or such gross mistake
of fact as to have effect equivalent to fraud.
G. The State Board shall take all necessary action upon
applications for pensions, disability benefits, refund of
accumulated contributions and shall take action on all other matters
deemed necessary by the State Board.
Status: in_force · Read it on the official government site
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