Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 590. Oklahoma Public Employees Retirement System |
Chapter 10. Public Employees Retirement System |
Subchapter 5. Contributions and Compensation |
SECTION 590:10-5-9. Changes to contribution rates; deadline for notifying System
Latest version.
- Any county, county hospital, city or town, conservation district, circuit engineering district or any public or private trust in which a county, city or town participates and is the primary beneficiary, which is a participating employer and which is permitted pursuant to 74 O.S. §920A to modify the amount of contributions paid by the employer and employee shall make such modification and notify the System no later than June 30 of each year for a July 1 effective date. Any contribution modification adopted, approved or received after June 30 shall not be effective until July 1 of the following fiscal year.