Okla. Stat. tit. 19, § 19-953

employee funds.

A. Every county establishing a retirement fund and system and

having a population in excess of six hundred seventy-five thousand

(675,000) according to the latest Federal Decennial Census is hereby

authorized to contribute to such fund and to pay to the treasurer of

such fund for the use and benefit of the persons eligible for

retirement benefits such amounts as the board of trustees may

authorize by resolution not exceeding the limitation as provided in

Section 954 of this title. Money on hand in this fund shall not be

available for any other purpose and shall not be used for any

purpose other than for retirement benefits to eligible persons

except as provided in Section 952.2 of this title; provided that

should any county employee who has contributed to such retirement

fund cease, either by resignation, discharge or failure of re-

election, to be a county employee at any time before such employee

becomes eligible for retirement, such employee shall be entitled to

receive from the retirement fund an amount, without interest, equal

Oklahoma Statutes - Title 19. Counties and County Officers Page 482

to the sum deducted from his or her salary and credited to the

retirement fund, and the board of trustees is hereby authorized and

required, on written demand of such employee, to return to such

employee, without interest, all funds contributed by such employee;

and, provided further, that should any county employee whose

services as such employee shall have ceased prior to such employee

being eligible for retirement, and should such employee have

withdrawn his or her contribution to the retirement fund as provided

herein, such employee shall not thereafter become eligible for

retirement unless he or she shall have paid into the pension fund

all money previously withdrawn therefrom by such employee by

September 1, 1984, for those employees that again became county

employees prior to July 1, 1984, and within sixty (60) days after an

employee again becomes a county employee for those employees that

again become county employees on or after July 1, 1984.

B. Every county establishing a retirement fund and system and

not having a population in excess of six hundred seventy-five

thousand (675,000) according to the latest Federal Decennial Census

is hereby authorized to contribute to such fund and to pay to the

treasurer of such fund for the use and benefit of the persons

eligible for retirement benefits such amounts as the board of

trustees may authorize by resolution not exceeding the limitation as

provided in Section 954 of this title. Money on hand in this fund

shall not be available for any other purpose and shall not be used

for any purpose other than for retirement benefits to eligible

persons except as provided in Section 952.2 of this title; provided

that should any county employee who has contributed to such

retirement fund cease, either by resignation, discharge or failure

of re-election, to be a county employee at any time before such

employee becomes eligible for retirement, such employee shall be

entitled to receive from the retirement fund an amount, without

interest, equal to the sum deducted from his or her salary and

credited to the retirement fund, and the board of trustees is hereby

authorized and required, on written demand of such employee, to

return to such employee, without interest, all funds contributed by

such employee; and, provided further, that should any county

employee whose services as such employee shall have ceased prior to

such employee being eligible for retirement, and should such

employee have withdrawn his or her contribution to the retirement

fund as provided herein, such an employee, otherwise meeting the

eligibility requirements for membership, who has withdrawn his or

her accumulated contributions at any period of time, and who wishes

to reinstate the creditable service covered by such contributions,
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such employee being eligible for retirement, and should such

employee have withdrawn his or her contribution to the retirement

fund as provided herein, such an employee, otherwise meeting the

eligibility requirements for membership, who has withdrawn his or

her accumulated contributions at any period of time, and who wishes

to reinstate the creditable service covered by such contributions,

shall pay the system the full amount of contributions previously

withdrawn with interest thereon at the annual percentage rate of ten

percent (10%) from the date withdrawn. The withdrawn contributions

plus interest must be repaid by August 31, 1994 to reinstate such

Oklahoma Statutes - Title 19. Counties and County Officers Page 483

creditable service. Any increase in benefits resulting from

reinstatement of creditable service under this subsection shall be

prospective from the date of repayment. Nothing in this subsection

shall apply to alter any amount of benefits paid or due prior to

repayment of the withdrawn contributions.