Okla. Stat. tit. 47, § 47-2-315

Election to participate

A. Members of the Oklahoma Public Employees Retirement System

who are active Lake Patrolmen or Dispatchers of the Grand River Dam

Authority on June 30, 2003, may make an irrevocable written election

on or before January 1, 2004, to participate in the Oklahoma Law

Enforcement Retirement System. Such patrolmen and dispatchers who

make the election as provided by this section shall be subject to

the following:

1. Upon the date the patrolman or dispatcher makes the election

pursuant to this section, he or she shall cease accruing benefits in

the Oklahoma Public Employees Retirement System and shall commence

accruing benefits in the Oklahoma Law Enforcement Retirement System;

2. Prior to the beginning of the month following receipt of the

patrolman’s or dispatcher’s election by the Oklahoma Public

Employees Retirement System, the Oklahoma Public Employees

Retirement System shall transfer to the Oklahoma Law Enforcement

Retirement System all employee contributions and employer

contributions including any amounts received by the Oklahoma Public

Employees Retirement System on behalf of a transferring member

related to a purchase or transfer of credited service to the

Oklahoma Public Employees Retirement System. The Oklahoma Public

Employees Retirement System shall also send to the Oklahoma Law

Enforcement Retirement System the retirement records of the

transferring member;

3. To receive service credit accrued by such transferring

member prior to the election, or prior to the date as of which the

person making the election ceases to be a member of the Oklahoma

Public Employees Retirement System, whichever date occurs last, the

Oklahoma Statutes - Title 47. Motor Vehicles Page 197

member shall make an irrevocable written election. The election

shall be to either pay the difference between the amount transferred

by the Oklahoma Public Employees Retirement System to the Oklahoma

Law Enforcement Retirement System in paragraph 2 of this subsection

and the amount determined by the Board of Trustees pursuant to

Section 2-307.5 of Title 47 of the Oklahoma Statutes to receive full

eligible credit for the years sought to be transferred or receive

eligible prorated service credit for only the amount received from

the Oklahoma Public Employees Retirement System pursuant to this

subsection. Payments made by such transferring members pursuant to

this paragraph shall be made pursuant to subsection B of Section 2-

307.5 of Title 47 of the Oklahoma Statutes;

4. Service credit shall only be transferable pursuant to this

section if the transferring member is not receiving or eligible to

receive service credit or benefits from said service in any other

public retirement system and has not received service credit for the

same years of service pursuant to Sections 2-307.1, 2-307.3 and 2-

307.4 of Title 47 of the Oklahoma Statutes. Provided further, that

only transferred credited service related to Lake Patrol service as

a patrolman or dispatcher with the Grand River Dam Authority and any

other law enforcement related service, including service with the

Department of Corrections as a correctional officer or probation and

parole officer or any credited service that was purchased or

transferred to the Oklahoma Public Employees Retirement System from

the Oklahoma Law Enforcement Retirement System or the Oklahoma

Police Pension and Retirement System, shall be included in the

determination of an officer’s normal retirement date or vesting date

in the Oklahoma Law Enforcement Retirement System; and

5. All service credit with the Oklahoma Public Employees

Retirement System which is ineligible for transfer to the Oklahoma

Law Enforcement Retirement System shall be canceled.

B. The Grand River Dam Authority shall be a participating

employer in the Oklahoma Law Enforcement Retirement System for all

Grand River Dam Lake Patrolmen and Dispatchers who participate in
ent Retirement System; and

5. All service credit with the Oklahoma Public Employees

Retirement System which is ineligible for transfer to the Oklahoma

Law Enforcement Retirement System shall be canceled.

B. The Grand River Dam Authority shall be a participating

employer in the Oklahoma Law Enforcement Retirement System for all

Grand River Dam Lake Patrolmen and Dispatchers who participate in

the Oklahoma Law Enforcement Retirement System pursuant to the

provisions of this section.