Okla. Stat. tit. 74, § 74-929
This is the official text of Okla. Stat. tit. 74, § 74-929, 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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Vending stand operators and managers - Eligibility and
Official statutory text
enrollment in system.
A. Any person who is licensed by the Department of
Rehabilitation Services as a vending stand operator or managing
operator shall be eligible for membership in the Oklahoma Public
Employees Retirement System established by Sections 901 through 928
of this title. Enrollment in the System shall be optional with each
operator under regulations prescribed by the Oklahoma Public
Employees Retirement System Board of Trustees. Persons who elect to
participate in the Oklahoma Public Employees Retirement System
pursuant to the provisions of this section shall be considered as
state employees only for retirement purposes and shall make
contributions pursuant to the provisions of Section 919.1 of this
title. Any payment or contributions to be made for members of the
System shall be payable by the operator in such manner as may be
determined by the Department of Rehabilitation Services, and shall
not be a responsibility or liability of the Department of
Rehabilitation Services; provided that, the Department may, in its
discretion, make all or a part of such payments.
B. Any person first licensed under this section on or after
November 1, 2015, shall not be eligible for membership in the
Oklahoma Public Employees Retirement System established by Sections
901 through 928 of this title, but such person shall be eligible for
participation in the defined contribution plan as set forth in
Section 2 of Enrolled House Bill No. 2630 of the 2nd Session of the
54th Oklahoma Legislature, as amended by Section 2 of this act.
A. Any person who is licensed by the Department of
Rehabilitation Services as a vending stand operator or managing
operator shall be eligible for membership in the Oklahoma Public
Employees Retirement System established by Sections 901 through 928
of this title. Enrollment in the System shall be optional with each
operator under regulations prescribed by the Oklahoma Public
Employees Retirement System Board of Trustees. Persons who elect to
participate in the Oklahoma Public Employees Retirement System
pursuant to the provisions of this section shall be considered as
state employees only for retirement purposes and shall make
contributions pursuant to the provisions of Section 919.1 of this
title. Any payment or contributions to be made for members of the
System shall be payable by the operator in such manner as may be
determined by the Department of Rehabilitation Services, and shall
not be a responsibility or liability of the Department of
Rehabilitation Services; provided that, the Department may, in its
discretion, make all or a part of such payments.
B. Any person first licensed under this section on or after
November 1, 2015, shall not be eligible for membership in the
Oklahoma Public Employees Retirement System established by Sections
901 through 928 of this title, but such person shall be eligible for
participation in the defined contribution plan as set forth in
Section 2 of Enrolled House Bill No. 2630 of the 2nd Session of the
54th Oklahoma Legislature, as amended by Section 2 of this act.
Status: in_force · Read it on the official government site
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