Okla. Stat. tit. 70, § 70-17-116.13: Calculation of retirement allowance - Increase in
Where this section sits in the code
- OK Code
- Title 70
benefits.
A. Beginning July 1, 1998, a classified member who retired
prior to July 1, 1997, shall have the member's retirement allowance
calculated on the member's current average salary plus One Thousand
Four Hundred Dollars ($1,400.00).
B. Beginning July 1, 1998, a nonclassified member who retired
prior to July 1, 1997, shall have the member's retirement allowance
calculated on the member's current average salary plus Seven Hundred
Dollars ($700.00).
C. Beginning July 1, 1998, those individuals receiving benefits
pursuant to subsection (3) of Section 17-105 of this title whose
benefits commenced prior to July 1, 1997, shall receive an increase
in benefits of five and four-tenths percent (5.4%).
Collected 2026-09-14T18:32:36Z. Source file · JSON