Okla. Stat. tit. 70, § 70-17-120
This is the official text of Okla. Stat. tit. 70, § 70-17-120, 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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Submission of contributions
Official statutory text
The employer of each member shall submit all required school
reports and all employer and employee contributions of each member
due the Retirement System for payroll periods ending during the
calendar month within ten (10) days of the last day of each calendar
month. Any required school reports and employer and employee
contribution amounts not submitted to the Retirement System after
thirty (30) days from the end of the payroll month shall be subject
to a monthly late charge of one and one-half percent (1 1/2%) of the
unpaid balance to be paid by the employer to the Retirement System
compounding monthly for each month payment is not received. The
System may waive late fees for good cause shown.
reports and all employer and employee contributions of each member
due the Retirement System for payroll periods ending during the
calendar month within ten (10) days of the last day of each calendar
month. Any required school reports and employer and employee
contribution amounts not submitted to the Retirement System after
thirty (30) days from the end of the payroll month shall be subject
to a monthly late charge of one and one-half percent (1 1/2%) of the
unpaid balance to be paid by the employer to the Retirement System
compounding monthly for each month payment is not received. The
System may waive late fees for good cause shown.
Status: in_force · Read it on the official government site
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