0 chapters · 1,077 sections in this title.
11 O.S. § 49-117.2 Transfer of credited service from or to other
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retirement system. A. A paid member of the Oklahoma Firefighters Pension and Retirement System may receive up to five (5) years of credited service accumulated by the member while a member of the Oklahoma Police Pension and Retirement System, the Oklahoma Law Enforcement Retireme…
11 O.S. § 49-117.4 Maximum years of credited service
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Notwithstanding any other provision in Section 49-100.1 et seq. of Title 11 of the Oklahoma Statutes, the maximum number of years of credited service taken into account under the System shall not exceed thirty (30) years. Added by Laws 2025, c. 142, § 6, emerg. eff. May 12, 2025.
11 O.S. § 49-118 Additional powers of State Board
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The State Board shall, in addition to other powers herein granted, have power, to wit: 1. To compel witnesses to attend and testify before it upon all matters connected with the operations of this article, and in the same manner as is or may be provided by law for the taking of t…
11 O.S. § 49-119 Tax on insurance premiums for benefit of fund -
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Appropriations. There is hereby appropriated and set aside for the use and benefit of the Fund, a percentage on all taxes collected on premiums collected by all insurance companies and other entities which are subject to the premium tax levied pursuant to Section 624 of Title 36 …
11 O.S. § 49-120 Account of tax paid by insurance companies - Warrants
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The Insurance Commissioner shall keep a separate account of the amount of tax paid by all insurance companies and other entities subject to the premium tax levied pursuant to Section 624 of Title 36 of the Oklahoma Statutes, as provided by Sections 312.1 and 624 through 626 of Ti…
11 O.S. § 49-121 Amount of first warrant pursuant to Section 49-120 -
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Eligibility of receive funds. The amount of the first warrant drawn by the State Treasurer pursuant to Section49-120 of this title shall never be less than Five Hundred Dollars ($500.00). Any municipality having a firefighting apparatus of a value of not less than One Thousand Do…
11 O.S. § 49-122 Deductions from salaries of fire department members -
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Picked up contributions - Deposit of funds - City charters superceded. A. Each municipality having a paid member of a fire department shall deduct monthly from the salary of each member of the fire department of such municipality an amount equal to nine percent (9%) of the actual…
11 O.S. § 49-122.1 Firefighters Pension and Retirement Fund -
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Establishment - Deposit and investment of contributions. There is hereby established a fund to be designated as the Oklahoma Firefighters Pension and Retirement Fund. All employee and employer contributions shall be deposited in the Fund and may be invested as provided in this ar…
11 O.S. § 49-122.2 Transfer of assets to State Board
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Any municipality having a Firefighters Pension and Retirement Fund prior to January 1, 1981, shall transfer all assets of such fund to the State Board on July 1, 1981. Assets shall be transferred in the form of cash, negotiable securities and such other specific assets as permitt…
11 O.S. § 49-122.3 Assets of funds - Right to assets - Valuation
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The assets of the Fund shall consist of such assets and the income therefrom, including monthly contributions made to the State Board by each municipality, or property for which any of the same shall be exchanged or into which any of the same shall be converted, together with any…
11 O.S. § 49-122.4 Costs and expenses - Supplies and equipment
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A. All costs and expenses for the selection and compensation of investment counselors, institutional custodian service and commissions or other costs resulting from the purchase, sale or other transfer of assets shall be paid from the fund. B. Three percent (3%) of the funds disb…
11 O.S. § 49-122.5 Operation, administration and management of System -
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Responsibilities. The State Board shall be responsible for the operation, administration and management of the System. In order to carry out the responsibilities imposed by law upon them, the State Board shall appoint such advisors, consultants, agents and employees, each of whom…
11 O.S. § 49-122.6 Confidentiality of records
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All information, documents and copies thereof contained in a member's retirement file shall be given confidential treatment and shall not be made public by the Oklahoma Firefighters Pension and Retirement System without the prior written consent of the member to which it pertains…
11 O.S. § 49-123 Moneys to be paid over to State Board
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All moneys provided for the System by this article shall be paid over to and received by the State Board for the use and benefit of the System. Laws 1977, c. 256, § 49-123, eff. July 1, 1978; Laws 1980, c. 352, § 38, eff. Jan. 1, 1981.
11 O.S. § 49-124 Report by clerk of statistics as to fire department
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On forms supplied by the State Board, it is hereby made the duty of the clerk of each participating municipality in which an organized department is maintained to record annually with the State Board the name of such fire department and the number of fire fighters with their name…
11 O.S. § 49-126 Pensions and allowances exempt from claims -
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Assignments or transfers void - Exceptions. A. Except as otherwise provided by this section, no portion of said pension shall, either before or after its order of distribution by the State Board to such disabled members of said fire department, or the surviving spouse, alternate …
11 O.S. § 49-128 Appeals
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Any person possessing the qualifications required and provided for under this article, who deems himself aggrieved by a decision of the State Board on his or her claim for pension, either in rejecting his or her claim or in the amount allowed by the Board, or participating munici…
11 O.S. § 49-132 Use of moneys for payment of pensions and other
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benefits and administration of System. Money paid to the State Board for the benefit of the System shall, unless otherwise provided by law relating to the apportionment and payment of such moneys to the several municipalities of this state, be used solely for the payment of such …
11 O.S. § 49-133 Use of money for unauthorized purposes
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The Insurance Commissioner may examine the books and financial records of the State Board and when a written complaint is made to him under oath that any part of such money has been, or is being, expended or applied for purposes other than those authorized by Section 49-132 of th…
11 O.S. § 49-134 Mandatory retirement at age sixty-five - Exception
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No person, who is eligible for retirement under the laws of this state pertaining to the System, shall serve in any capacity as a member of any fire department of any municipality of this state after having attained the age of sixty-five (65) years, provided, however, no person s…
11 O.S. § 49-135 Employment of persons over forty-five prohibited -
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Exceptions – Reemployment – Volunteer services. A. No person shall be employed in a fire department who has reached the age of forty-five (45) years, unless it appears he or she shall become eligible for retirement at the age of sixty-five (65) years or unless he or she be retire…
11 O.S. § 49-138 Military service credit
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A. Any member of a regularly constituted fire department of any municipality who is now serving or may hereafter serve in the Armed Forces of the United States whether such service is voluntary or involuntary, who shall have been a member of such fire department at the time of en…
11 O.S. § 49-138.1 Prior military service credit — Computation of
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purchase price. A. The State Board shall adopt rules or procedures for computation of the purchase price for prior military service credit provided for in subsection E of Section 49-138 of Title 11 of the Oklahoma Statutes. These rules or procedures shall base the purchase price …
11 O.S. § 49-139 Persons carried on roll of members during military
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absence - Advancements and promotions - Reinstatement - Reduction of compensation or dismissal. Any such person shall be carried on the roll of members of the fire department during such absence and shall be entitled to all advancements, seniority and promotions under the rules, …
11 O.S. § 49-140 Rejection for reinstatement - Examination by
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physicians. If any person feels aggrieved by the findings of the physician giving the examination provided for in the preceding section, he may by written notice served upon the head of the fire department within thirty (30) days after he has been rejected for reinstatement, name…
11 O.S. § 49-141 Participation in independent insurance or other
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benefits. Any such person shall be entitled to participate in any independent insurance or other benefits offered by such municipality, or its fire department or members thereof, to the same effect as though he were in the actual service of such fire department. Laws 1977, c. 256…
11 O.S. § 49-142 Refusal to comply with act - Petition to district court
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- District attorney to represent applicant - Fees and costs. In case a municipality, or official thereof, refuses to comply with the provisions of Sections 49-138 through 49-142 of this title, then any person entitled to the benefits hereof may file a petition in the Oklahoma Cou…
11 O.S. § 49-143 Increase in pension benefits
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Any person receiving benefits from the Oklahoma Firefighters Pension and Retirement System as of June 30, 1986, shall receive a six percent (6%) increase in said benefits on July 1, 1986. The provisions of this section shall not apply to members receiving Added by Laws 1985, c. 2…
11 O.S. § 49-143.1 Increase in benefits - Amount - Offset
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A. Except as provided in subsection B of this section and except for persons receiving benefits pursuant to Section 49-101 of this title, effective July 1, 2002, any person receiving benefits from the Oklahoma Firefighters Pension and Retirement System as of June 30, 2001, who co…
11 O.S. § 49-143.2 Additional retirement benefit
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A. The Oklahoma Firefighters Pension and Retirement System shall pay to its retirees, who retire not later than June 30, 1997, or their beneficiaries, from assets of the retirement system, an additional amount, for the fiscal year ending June 30, 1998, based upon the number of ye…
11 O.S. § 49-143.3 Benefit adjustment - Restoration of Initial COLA
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Benefit. A. For purposes of this section the following definitions shall apply: 1. "Initial COLA Benefit Date" means the later of the member's date of benefit commencement or January 1, 1981. This date is used in the definition of Initial COLA Benefit and Target COLA Benefit; 2. …
11 O.S. § 49-143.4 Firefighters Pension and Retirement System - Increase
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in benefits - Offset. A. Except as provided in subsection B of this section and except for persons receiving benefits pursuant to Section 49-101 of Title 11 of the Oklahoma Statutes, effective July 1, 2004, any person receiving benefits from the Oklahoma Firefighters Pension and …
11 O.S. § 49-143.5 Increase in benefits - July 1, 2006 - Offset
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A. Except as provided in subsection B of this section and except for persons receiving benefits pursuant to Section 49-101 of Title 11 of the Oklahoma Statutes, effective July 1, 2006, any person receiving benefits from the Oklahoma Firefighters Pension and Retirement System as o…
11 O.S. § 49-143.6 Increase in benefits - July 1, 2008 - Offset
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A. Except as provided in subsection B of this section and except for persons receiving benefits pursuant to Section 49-101 of Title 11 of the Oklahoma Statutes, effective July 1, 2008, any person receiving benefits from the Oklahoma Firefighters Pension and Retirement System as o…
11 O.S. § 49-143.7 Increase in benefits – July 1, 2020 - Offset
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A. Except as provided in subsection B of this section and except for persons receiving benefits pursuant to Section 49-101 of Title 11 of the Oklahoma Statutes, effective July 1, 2020, any person receiving benefits from the Oklahoma Firefighters Pension and Retirement System as o…
11 O.S. § 50-101 Definitions
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As used in this article: 1. “System” means the Oklahoma Police Pension and Retirement System and all predecessor municipal police pension and retirement systems; 2. “Article” means Article 50 of this title; 3. “State Board” means the Oklahoma Police Pension and Retirement Board; …
11 O.S. § 50-102.1 Police Pension and Retirement System - Creation -
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Status - Powers and duties. There is created the Oklahoma Police Pension and Retirement System which shall be a body corporate and an instrumentality of this state. The System shall be vested with the powers and duties specified in this act and such other powers as may be necessa…
11 O.S. § 50-103.1 Police Pension and Retirement Board - Composition -
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Areas of representation - Terms - Vacancies - Selection criteria - Officers. A. There shall be an Oklahoma Police Pension and Retirement Board which shall be composed of thirteen (13) members as follows: 1. Seven members shall be elected as follows: a. One member shall be elected…
11 O.S. § 50-104.1 Meetings of State Board - Special meetings - Notice -
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Quorum - Travel expenses. A. The State Board shall hold regular meetings in Oklahoma City at least once each quarter, the dates, time, and place thereof to be fixed by the State Board. The State Board shall hold a regular meeting in July of each year which meeting shall be the an…
11 O.S. § 50-104.2 Office facilities - Record of proceedings - Financial
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statement - Audits. A. The principal office of the System shall be in Oklahoma City, Oklahoma. Notwithstanding any statute or rule to the contrary, the State Board, in accordance with its fiduciary duty, is hereby authorized to own and occupy necessary office space in suitable qu…
11 O.S. § 50-105.1 Executive Director - Employees - Acceptance of gifts
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or gratuities - Actuary - Legal services. A. The State Board shall appoint an Executive Director. Subject to the policy direction of the State Board, the Executive Director shall be the managing and administrative officer of the System and as such shall have charge of the office,…
11 O.S. § 50-105.2 Administration of System - Rules and regulations -
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Accounts and records - Open meetings - Actuarial tables - Decisions of Board - Actions. A. The State Board shall be responsible for the policies and rules for the general administration of the System, subject to the provisions of this article. B. The State Board shall establish r…
11 O.S. § 50-105.3 Certified estimate of rate of contribution required
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accumulated contributions and other assets of System. The State Board shall certify to the Director of the Office of Management and Enterprise Services, the Speaker of the House of Representatives, and the President Pro Tempore of the Senate, on or before November 1 of each year,…
11 O.S. § 50-105.4 Duties of Board - Investments - Liability insurance -
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Investment managers - Custodial services - Reports. A. The Oklahoma Police Pension and Retirement Board shall discharge their duties with respect to the System solely in the interest of the participants and beneficiaries and: 1. For the exclusive purpose of: a. providing benefits…
11 O.S. § 50-105.5 Duties of fiduciaries
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A. A fiduciary with respect to the Oklahoma Police Pension and Retirement System shall not cause the System to engage in a transaction if the fiduciary knows or should know that such transaction constitutes a direct or indirect: 1. sale or exchange, or leasing of any property fro…
11 O.S. § 50-105.6 Deposit of contributions and dedicated revenues -
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Warrants and vouchers. A. All employee and employer contributions and dedicated revenues shall be deposited in the Oklahoma Police Pension and Retirement Fund in the State Treasury. The State Board shall have the responsibility for the management of the Oklahoma Police Pension an…
11 O.S. § 50-106 General powers of State Board
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The State Board shall, in addition to other powers herein granted, have power to: 1. Compel witnesses to attend and testify before it upon all matters connected with the operations of this article or ordinances enacted by any municipality relative to the System, and in the same m…
11 O.S. § 50-106.3 Joining System - Application for affiliation -
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Consolidation of systems - Election to participate. A. An eligible employer may join the System on the first day of any month. Application for affiliation shall be in the form of a resolution approved by the governing body of the eligible employer or by any other body or officer …
11 O.S. § 50-107 Custody and disbursement of pension funds - Refund for
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overpayment. A. All monies provided for the Fund of the System by this article, or by appropriation by any municipality, or by contribution from members, shall be paid over to and received by the State Board for the use and benefit of the System to be disbursed and handled as pro…
11 O.S. § 50-109 Appropriation of percentage of annual salary of member
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of System. Any municipality participating in the Oklahoma Police Pension and Retirement System shall appropriate funds, for the use and benefit of the System, as provided in the following schedule: 1. Prior to July 1, 1991, a minimum of ten percent (10%) of the actual paid base s…