Okla. Stat. tit. 11, § 11-50-107: Custody and disbursement of pension funds - Refund for

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

provided in this article.

B. Should any error in any records of the Oklahoma Police

Pension and Retirement System result in any payee receiving more or

less than the payee would have been entitled had the records been

correct, the State Board shall correct such error and shall pay any

underpayments or recover any overpayments. An error does not

include a member's failure to submit required documents, including

proof of military service, prior to the effective date of

retirement, which date includes the member's entry into the Oklahoma

Police Deferred Option Plan. If a member submits documents after

the effective date of retirement, no adjustment in retirement

benefits shall be made.

C. Should more than the amount of a participating municipality

or member contributions be paid to the System by a participating

municipality through a mistake of fact, the System shall refund the

amounts paid to the participating municipality within one year after

the date on which the mistaken contribution was made. The System

shall not pay the participating municipality earnings attributable

to such contribution but shall reduce the amount returned to the

participating municipality pursuant to this subsection by the amount

of losses attributable to such contribution.