Okla. Stat. tit. 70, § 70-17-105.1
This is the official text of Okla. Stat. tit. 70, § 70-17-105.1, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Unpaid accumulated contributions - Payment to
Official statutory text
beneficiary or estate.
In the event the total retirement payments made to a retired
member and the retired member’s joint annuitant, if any, are less
than the member’s accumulated contributions with interest as
credited at the time of retirement under Section 17-105 of this
title, the difference shall be paid to the member’s designated
beneficiary, or if no designated beneficiary survives, then to the
member’s estate. This provision shall apply to retired members
dying on or after July 1, 1979. After paying unpaid accumulated
contributions to any designated beneficiary or the member’s estate
pursuant to this section, the Teachers’ Retirement System of
Oklahoma is discharged and released from any and all liability,
obligation, and costs. The System is not required to inquire into
the truth of any matter specified in this section or into the
payment of any estate tax liability.
In the event the total retirement payments made to a retired
member and the retired member’s joint annuitant, if any, are less
than the member’s accumulated contributions with interest as
credited at the time of retirement under Section 17-105 of this
title, the difference shall be paid to the member’s designated
beneficiary, or if no designated beneficiary survives, then to the
member’s estate. This provision shall apply to retired members
dying on or after July 1, 1979. After paying unpaid accumulated
contributions to any designated beneficiary or the member’s estate
pursuant to this section, the Teachers’ Retirement System of
Oklahoma is discharged and released from any and all liability,
obligation, and costs. The System is not required to inquire into
the truth of any matter specified in this section or into the
payment of any estate tax liability.
Status: in_force · Read it on the official government site
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