Okla. Stat. tit. 74, § 74-910.4

Participation in Public Employees Retirement System.

A. Effective July 1, 1998, former employees of a city-county

health department who become employees of the State Department of

Agriculture or the Department of Environmental Quality who elect to

participate in the Oklahoma Public Employees Retirement System shall

make one of the following elections on or before January 1, 1999:

1. Elect to continue the current benefits plan provided by the

applicable city-county health department and not to become a member

of the Oklahoma Public Employees Retirement System;

2. Elect to cease accruing benefits under the current benefits

plan provided by the applicable city-county health department and to

purchase service credit in the Oklahoma Public Employees Retirement

System in an amount equal to the time employed with the applicable

city-county health department prior to the time of election and at

an actuarial rate pursuant to Section 913.5 of Title 74 of the

Oklahoma Statutes;

3. Elect to cease accruing benefits under the current benefits

plan provided by the applicable city-county health department and to

purchase a prorated amount of service credit in the Oklahoma Public

Employees Retirement System based on the amount received from the

current benefits plan and pursuant to Section 913.5 of Title 74 of

the Oklahoma Statutes;

4. Elect to cease accruing benefits under the current benefits

plan provided by the applicable city-county health department, not

purchase any service credit in the Oklahoma Public Employees

Retirement System, and to start a new retirement under the Oklahoma

Public Employees Retirement System.

B. Such employees who elect to participate in the Oklahoma

Public Employees Retirement System shall commence accruing benefits

in the Oklahoma Public Employees Retirement System after the date of

election and as established by the Oklahoma Public Employees

Retirement System Board of Trustees. The employees electing to

purchase service credit authorized by this section shall have all

such service credit canceled which is not utilized in purchasing

credit in the Oklahoma Public Employees Retirement System. The

purchase of service credit as provided in this section shall only be

available upon the election of the employee. The election shall be

Oklahoma Statutes - Title 74. State Government Page 633

made in writing, filed with the applicable city-county health

department and the Oklahoma Public Employees Retirement System prior

to receiving the credit purchased, and shall be irrevocable. The

applicable city-county health department shall transfer the amounts

from its benefits plan to the Oklahoma Public Employees Retirement

System for those employees who elect to purchase service credit in

the Oklahoma Public Employees Retirement System.