SECTION 590:20-1-4. Deferred Compensation, Savings Incentive Plan, and Defined Contribution System assets

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The Board shall have the responsibility to determine appropriate investment options for the assets of the Deferred Compensation Plan, the Savings Incentive Plan, and the Defined Contribution System composed of defined contribution plans pursuant to Sections 401(a) and 457(b) under the Internal Revenue Code. The Board shall adopt an investment policy, guidelines and objectives in the same manner as provided in Sections 2 and 3 of this Chapter. This investment policy shall also contain the procedure for selection, retention, or elimination of the investment options and service providers for each plan.

[Source: Added at 12 Ok Reg 3247, eff 7-27-95; Amended at 18 Ok Reg 551, eff 12-28-00 through 7-14-01 (emergency); Amended at 18 Ok Reg 3265, eff 7-26-01; Amended at 32 Ok Reg 2178, eff 9-11-15]

                    
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