Okla. Stat. tit. 74, § 74-935.10
This is the official text of Okla. Stat. tit. 74, § 74-935.10, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Deposit of remitted funds
Official statutory text
A. Notwithstanding any other provision of the statutes
governing the System to the contrary, each participating employer
shall remit to the System the difference between the amount of money
which would be remitted to the System using the employer
contribution rate required by Section 920 of Title 74 of the
Oklahoma Statutes and the amount of money required for the
participating employer to make the required matching contribution
amount on behalf of a participating employee who participates in the
defined contribution system authorized pursuant to the provisions of
Section 5 of this act.
B. The System shall deposit the monies remitted to it by
employers having participating employees in the defined contribution
system created by this act, as described by subsection A of this
section, into the existing defined benefit pension plan authorized
pursuant to Section 901 et seq. of Title 74 of the Oklahoma Statutes
in order to reduce the liabilities of the defined benefit pension
plan.
governing the System to the contrary, each participating employer
shall remit to the System the difference between the amount of money
which would be remitted to the System using the employer
contribution rate required by Section 920 of Title 74 of the
Oklahoma Statutes and the amount of money required for the
participating employer to make the required matching contribution
amount on behalf of a participating employee who participates in the
defined contribution system authorized pursuant to the provisions of
Section 5 of this act.
B. The System shall deposit the monies remitted to it by
employers having participating employees in the defined contribution
system created by this act, as described by subsection A of this
section, into the existing defined benefit pension plan authorized
pursuant to Section 901 et seq. of Title 74 of the Oklahoma Statutes
in order to reduce the liabilities of the defined benefit pension
plan.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.