Okla. Stat. tit. 20, § 20-1104E: Increase in retirement benefits

Every person receiving retirement benefits from the System as of

June 30, 1993, shall receive on July 1, 1994, an increase in

retirement benefits to be computed as follows:

1. Multiply Seven Hundred Eighty Dollars ($780.00) by four

percent (4%);

2. Multiply the sum of paragraph 1 by the number of years of

credited service of the member;

3. Divide the sum of paragraph 2 by twelve (12) and this shall

be the increase in the monthly retirement benefit;

4. This increase shall be adjusted to reflect any options

selected by the member at the time of retirement.