0 chapters · 964 sections in this title.
19 O.S. § 953.2 Fiduciaries - Power and authority - Restrictions
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A. A fiduciary with respect to the retirement system shall not cause the retirement 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 from the retirement …
19 O.S. § 954 Annual appropriation - Maximum contributions
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It shall be the mandatory duty of the board of county commissioners of any county establishing a retirement fund and system to appropriate annually, for the sole use of the retirement fund within its general fund and subject to the approval of the county excise board, a sum which…
19 O.S. § 955 Prorating in case of insufficiencies
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If the funds in any retirement system are insufficient to make full payment of the amount of retirement benefits or allowances to any eligible persons under the rules and regulations of the board of trustees then such fund shall be prorated among those entitled thereto as the boa…
19 O.S. § 956 Eligibility for benefits - Reduction of mandatory service
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requirement - Disability - Military service - Surviving spouse. No member of a county retirement system shall be eligible for retirement benefits under Section 951 et seq. of this title until such member: 1. Has attained the age of sixty-two (62) years and shall have served for a…
19 O.S. § 956.2 Alternative method of determining retirement benefits -
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Vesting restrictions. A. In lieu of the retirement benefits specified in Section 956 of this title, upon approval by the board of trustees and the board of county commissioners, a county authorized to provide a retirement system pursuant to the provisions of Section 951 et seq. o…
19 O.S. § 957 Employee defined
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An "employee", as used Sections 951 through 962 of this title, shall include the elected or appointed salaried officials and regular full-time salaried employees of a county, and shall also include regular full-time employees of the county board of library trustees, county employ…
19 O.S. § 957-1 County retirement system — Eligibility – Contribution
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limits. The county commissioners of any county establishing a drainage district or districts, and establishing a county retirement system, in addition to the duties and authority now provided by law, are hereby authorized to pay into the retirement system of such county for the u…
19 O.S. § 958 Necessary provisions by resolution
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The board of county commissioners of any county establishing a retirement fund and system under the provisions of this act is hereby authorized and empowered to make effective by resolution all provisions necessary to accomplish the purposes of this act, and any amendments hereaf…
19 O.S. § 959 Money not liable to attachment, garnishment, levy or
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seizure - Exception of qualified domestic orders. A. Except as otherwise provided by this section, sums of money due or to become due to any employee or retired employee shall not be liable to attachment, garnishment, levy, or seizure in any manner under any legal or equitable pr…
19 O.S. § 960 Payment of certain employer's contributions from court
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fund. A. In addition to all other items which are now or may hereafter be authorized to be paid from the court fund, it shall be the mandatory duty of the governing board of the court fund to pay annually for the sole use of the retirement system a sum equal to the contributions …
19 O.S. § 961 Employees whose salaries are paid in whole or in part from
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Law Library Fund. In addition to all other items which are now or may hereafter be authorized to be paid from the Law Library Fund, it shall be the mandatory duty of the trustees of the Law Library Fund to pay annually for the sole use of the retirement system a sum equal to the …
19 O.S. § 962 Appeals
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Any county employee who has petitioned the board of trustees for retirement benefits may on his own behalf appeal from the decision of the board. Such appeals shall be made to the district court of such county, and shall be tried de novo by the court without a jury. Such appeal s…
19 O.S. § 965 Defined benefit retirement plan - Amendment or
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modification - Impact statement. A. As used in this section: 1. “Concurrent funding” means an increase in employer contributions, employee contributions, apportioned tax revenues or other assets transferred to the county retirement plan to offset any increase in unfunded actuaria…
19 O.S. § 971 Election to establish – Creation of fund – Contributions –
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Definitions. A. Effective July 1, 1999, each county of the state may establish a County Officer and Employee Deferred Savings Incentive Plan as authorized by this act. B. A county electing to establish a County Officer and Employee Deferred Savings Incentive Plan shall establish …