Okla. Stat. tit. 11, § 11-50-105.3
This is the official text of Okla. Stat. tit. 11, § 11-50-105.3, 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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Certified estimate of rate of contribution required,
Official statutory text
accumulated contributions and other assets of System.
The State Board shall certify to the Director of the Office of
Management and Enterprise Services, the Speaker of the House of
Representatives, and the President Pro Tempore of the Senate, on or
before November 1 of each year, an actuarially determined estimate
of the rate of contribution which will be required, together with
all accumulated contributions and other assets of the System to pay
by level-dollar payments all liabilities which shall exist or accrue
pursuant to the provisions of the System, including amortization of
the unfunded accrued liability over a period of not to exceed thirty
(30) years beginning July 1, 1988.
The State Board shall certify to the Director of the Office of
Management and Enterprise Services, the Speaker of the House of
Representatives, and the President Pro Tempore of the Senate, on or
before November 1 of each year, an actuarially determined estimate
of the rate of contribution which will be required, together with
all accumulated contributions and other assets of the System to pay
by level-dollar payments all liabilities which shall exist or accrue
pursuant to the provisions of the System, including amortization of
the unfunded accrued liability over a period of not to exceed thirty
(30) years beginning July 1, 1988.
Status: in_force · Read it on the official government site
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