SECTION 550:1-7-1. Refund vouchers  


Latest version.
  • (a)   Conditions upon receiving refunds. The following conditions must be met before contributions are refunded:
    (1)   All contributions made through the last day of employment must be received by the Oklahoma Police Pension and Retirement System.
    (2)   Member must have ceased employment with the participating municipality before any application for refund of contributions will be considered by the Oklahoma Police Pension and Retirement Board.
    (b)   Payment. The refund of contributions shall be mailed or directly deposited by the Oklahoma Police Pension and Retirement System no earlier than the last business day of the month following Board approval.
[Source: Added at 12 Ok Reg 133, eff 9-30-94 (emergency); Added at 12 Ok Reg 2899, eff 7-13-95; Amended at 14 Ok Reg 1987, eff 5-27-97; Amended at 21 Ok Reg 1423, eff 6-1-04; Amended at 27 Ok Reg 1901, eff 7-1-10; Amended at 31 Ok Reg 2162, eff 9-12-14]