Okla. Stat. tit. 47, § 47-2-308.1
This is the official text of Okla. Stat. tit. 47, § 47-2-308.1, part of Oklahoma’s Stat. tit. 47, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 47,." Browse the sections below, each linked to its official government source.
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Election to defer commencement of retirement benefits
Official statutory text
Any member retiring under the provisions of the System shall
have the opportunity to elect to defer the commencement of
retirement benefits by one-year periods by an election in writing
submitted to the Board not later than thirty (30) days prior to the
member's normal retirement date or the member's actual retirement
Oklahoma Statutes - Title 47. Motor Vehicles Page 184
date, whichever is later. Such elections may be made successively
but may not be deferred later than age sixty-five (65). Retirement
benefits payable to members electing to defer the commencement of
payments shall be increased by five percent (5%) of the amount that
would otherwise be paid for each year payments are deferred.
have the opportunity to elect to defer the commencement of
retirement benefits by one-year periods by an election in writing
submitted to the Board not later than thirty (30) days prior to the
member's normal retirement date or the member's actual retirement
Oklahoma Statutes - Title 47. Motor Vehicles Page 184
date, whichever is later. Such elections may be made successively
but may not be deferred later than age sixty-five (65). Retirement
benefits payable to members electing to defer the commencement of
payments shall be increased by five percent (5%) of the amount that
would otherwise be paid for each year payments are deferred.
Status: in_force · Read it on the official government site
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