Okla. Stat. tit. 74, § 74-913a
This is the official text of Okla. Stat. tit. 74, § 74-913a, 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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Employee denied membership in System or forced to
Official statutory text
discontinue participation for certain reasons - Service credit for
years denied participation - Contributions.
Any employee who was denied membership in the Oklahoma Public
Employees Retirement System or was forced to discontinue
participation in the System as a result of receiving a retirement
benefit from another retirement plan authorized under any other law
of this state may receive credit for those years of service
accumulated by the employee during the time the employee was denied
Oklahoma Statutes - Title 74. State Government Page 658
participation. To receive this service credit, the member shall pay
to the Board prior to January 1, 1991, for each year of service
purchased pursuant to this subsection, a ten percent (10%)
contribution and interest of ten percent (10%), provided however,
effective January 1, 1991, to receive the service credit, the member
shall pay the amount determined by the Board pursuant to Section 39
of this act. Any person purchasing service credit pursuant to this
subsection shall not be eligible for prior or participating service
credit if the member is receiving or eligible to receive service
credit for such time in any other state retirement plan.
years denied participation - Contributions.
Any employee who was denied membership in the Oklahoma Public
Employees Retirement System or was forced to discontinue
participation in the System as a result of receiving a retirement
benefit from another retirement plan authorized under any other law
of this state may receive credit for those years of service
accumulated by the employee during the time the employee was denied
Oklahoma Statutes - Title 74. State Government Page 658
participation. To receive this service credit, the member shall pay
to the Board prior to January 1, 1991, for each year of service
purchased pursuant to this subsection, a ten percent (10%)
contribution and interest of ten percent (10%), provided however,
effective January 1, 1991, to receive the service credit, the member
shall pay the amount determined by the Board pursuant to Section 39
of this act. Any person purchasing service credit pursuant to this
subsection shall not be eligible for prior or participating service
credit if the member is receiving or eligible to receive service
credit for such time in any other state retirement plan.
Status: in_force · Read it on the official government site
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