SECTION 590:10-7-20. Actuarial assumptions

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Effective as of July 1, 1989, the System will determine the amount of any benefit that is determined on the basis of actuarial assumptions using assumptions adopted by the Board of Trustees by resolution. Such benefits will not be subject to employer discretion. The resolutions adopted by the Board of Trustees for this purpose are incorporated as part of the plan document.

[Source: Added at 27 Ok Reg 1032, eff 5-13-10]

                    
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