Statutes, codes, and regulations
Oklahoma Administrative Code
Title 590 - Oklahoma Public Employees Retirement SystemChapter 10 - Public Employees Retirement System
Subchapter 17 - Step-Up Election and Benefits
Section 590:10-17-5 - Step-Up contributions

Okla. Admin. Code § 590:10-17-5

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Current through Vol. 42, No. 7, December 16, 2024
Section 590:10-17-5 - Step-Up contributions

After election of the Step-Up, the employee member is required to make a higher retirement contribution rate during all future participation. The contribution rate is actuarially determined and may be raised or lowered by law in the future.

Okla. Admin. Code § 590:10-17-5

Added at 21 Ok Reg 1759, eff 6-11-04