Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 590. Oklahoma Public Employees Retirement System |
Chapter 10. Public Employees Retirement System |
Subchapter 7. Retirement Benefits |
SECTION 590:10-7-20. Actuarial assumptions
Latest version.
- 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.