Okla. Stat. tit. 20, § 20-1104E
This is the official text of Okla. Stat. tit. 20, § 20-1104E, part of Oklahoma’s Stat. tit. 20, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 20,." Browse the sections below, each linked to its official government source.
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Increase in retirement benefits
Official statutory text
Every person receiving retirement benefits from the System as of
June 30, 1993, shall receive on July 1, 1994, an increase in
retirement benefits to be computed as follows:
1. Multiply Seven Hundred Eighty Dollars ($780.00) by four
percent (4%);
2. Multiply the sum of paragraph 1 by the number of years of
credited service of the member;
3. Divide the sum of paragraph 2 by twelve (12) and this shall
be the increase in the monthly retirement benefit;
4. This increase shall be adjusted to reflect any options
selected by the member at the time of retirement.
June 30, 1993, shall receive on July 1, 1994, an increase in
retirement benefits to be computed as follows:
1. Multiply Seven Hundred Eighty Dollars ($780.00) by four
percent (4%);
2. Multiply the sum of paragraph 1 by the number of years of
credited service of the member;
3. Divide the sum of paragraph 2 by twelve (12) and this shall
be the increase in the monthly retirement benefit;
4. This increase shall be adjusted to reflect any options
selected by the member at the time of retirement.
Status: in_force · Read it on the official government site
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