Okla. Stat. tit. 74, § 74-913.7
This is the official text of Okla. Stat. tit. 74, § 74-913.7, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.
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Transferred employees of George Nigh Rehabilitation
Official statutory text
Institute – Election to continue membership in Oklahoma Public
Employees Retirement System.
A. An employee transferred pursuant to the provisions of
Section 3 of this act may elect to remain as a member of the
Oklahoma Public Employees Retirement System and if the employee
elects to do so, shall file an election on a form prescribed for
that purpose with the Oklahoma Public Employees Retirement System
not later than December 31, 1999, or the employee may elect to
become a member of the Teachers’ Retirement System of Oklahoma and
if the employee elects to do so shall file an election on a form
prescribed for that purpose with the Teachers’ Retirement System of
Oklahoma not later than December 31, 1999.
B. If an employee files the election provided for in subsection
A of this section to continue membership in the Oklahoma Public
Employees Retirement System, the employer to which the employee is
transferred shall pay the required employer contributions applicable
to the participating employers in the Oklahoma Public Employees
Retirement System pursuant to Section 920 of Title 74 of the
Oklahoma Statutes and the employee shall continue to pay employee
contributions as required by Section 919.1 of Title 74 of the
Oklahoma Statutes.
C. Until an employee files an election pursuant to subsection A
of this section, the employee shall continue to be a member of the
Oklahoma Public Employees Retirement System and the employer to
which the employee is transferred shall make required employer
contributions pursuant to Section 920 of Title 74 of the Oklahoma
Statutes.
D. If an employee transferred pursuant to Section 3 of this act
elects a vested benefit to be paid from the Oklahoma Public
Employees Retirement System, and if the employee has accumulated
sick leave, on June 30, 1999, equal to or in excess of one hundred
thirty (130) days then, notwithstanding the actual amount of
accumulated sick leave the employee has accrued on the date as of
which the vested benefit is elected, the provisions of Section 913
of Title 74 of the Oklahoma Statutes shall be applicable to the
computation of participating service credit based upon accumulated
sick leave for such employee.
Employees Retirement System.
A. An employee transferred pursuant to the provisions of
Section 3 of this act may elect to remain as a member of the
Oklahoma Public Employees Retirement System and if the employee
elects to do so, shall file an election on a form prescribed for
that purpose with the Oklahoma Public Employees Retirement System
not later than December 31, 1999, or the employee may elect to
become a member of the Teachers’ Retirement System of Oklahoma and
if the employee elects to do so shall file an election on a form
prescribed for that purpose with the Teachers’ Retirement System of
Oklahoma not later than December 31, 1999.
B. If an employee files the election provided for in subsection
A of this section to continue membership in the Oklahoma Public
Employees Retirement System, the employer to which the employee is
transferred shall pay the required employer contributions applicable
to the participating employers in the Oklahoma Public Employees
Retirement System pursuant to Section 920 of Title 74 of the
Oklahoma Statutes and the employee shall continue to pay employee
contributions as required by Section 919.1 of Title 74 of the
Oklahoma Statutes.
C. Until an employee files an election pursuant to subsection A
of this section, the employee shall continue to be a member of the
Oklahoma Public Employees Retirement System and the employer to
which the employee is transferred shall make required employer
contributions pursuant to Section 920 of Title 74 of the Oklahoma
Statutes.
D. If an employee transferred pursuant to Section 3 of this act
elects a vested benefit to be paid from the Oklahoma Public
Employees Retirement System, and if the employee has accumulated
sick leave, on June 30, 1999, equal to or in excess of one hundred
thirty (130) days then, notwithstanding the actual amount of
accumulated sick leave the employee has accrued on the date as of
which the vested benefit is elected, the provisions of Section 913
of Title 74 of the Oklahoma Statutes shall be applicable to the
computation of participating service credit based upon accumulated
sick leave for such employee.
Status: in_force · Read it on the official government site
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