Okla. Stat. tit. 65, § 65-560
This is the official text of Okla. Stat. tit. 65, § 65-560, part of Oklahoma’s Stat. tit. 65, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 65,." Browse the sections below, each linked to its official government source.
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Retirement system
Official statutory text
If, pursuant to the provisions of Chapter 37 of Title 11 of the
Oklahoma Statutes, or of any statute supplemental thereto or of any
charter provision of the city, a retirement system is established
for the employees of the city, the employees of the city-county
library system may be included in that retirement system on the same
basis applicable to employees of the city, if the commission so
recommends and the governing body of the city approves. Nothing
otherwise provided by law shall operate to prohibit the
appropriation of county funds for the payment of the county's pro
rata share of the contribution to be made to the retirement fund on
behalf of the employees of the city-county library system. In the
event funds become available for library purposes pursuant to the
provisions of Article X, Section 10A, of the Oklahoma Constitution,
the entire contribution on behalf of the employees of the city-
county library system may be paid from such funds. The commission
may act so as to cause its employees to be included in the state
retirement system and from its funds make the contributions
necessary therefor. The commission may, in lieu of participation in
the above-mentioned retirement systems, provide for the retirement
of the employees of the city-county library system by the
establishment of a self-insured trust, or by the purchase of annuity
contracts or pension contracts from any insurance company authorized
to do business in the State of Oklahoma.
Oklahoma Statutes, or of any statute supplemental thereto or of any
charter provision of the city, a retirement system is established
for the employees of the city, the employees of the city-county
library system may be included in that retirement system on the same
basis applicable to employees of the city, if the commission so
recommends and the governing body of the city approves. Nothing
otherwise provided by law shall operate to prohibit the
appropriation of county funds for the payment of the county's pro
rata share of the contribution to be made to the retirement fund on
behalf of the employees of the city-county library system. In the
event funds become available for library purposes pursuant to the
provisions of Article X, Section 10A, of the Oklahoma Constitution,
the entire contribution on behalf of the employees of the city-
county library system may be paid from such funds. The commission
may act so as to cause its employees to be included in the state
retirement system and from its funds make the contributions
necessary therefor. The commission may, in lieu of participation in
the above-mentioned retirement systems, provide for the retirement
of the employees of the city-county library system by the
establishment of a self-insured trust, or by the purchase of annuity
contracts or pension contracts from any insurance company authorized
to do business in the State of Oklahoma.
Status: in_force · Read it on the official government site
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