Okla. Stat. tit. 74, § 74-930.11: Increase in benefits – July 1, 2020 - Offset

Any person receiving benefits from the Oklahoma Public Employees

Retirement System as of June 30, 2019, who continues to receive

benefits on or after July 1, 2020, shall receive an increase in

benefits as follows:

1. Zero percent (0%) if the person has been retired for less

than two (2) years as of July 1, 2020;

2. Two percent (2%) if the person has been retired for at least

two (2) years but less than five (5) years as of July 1, 2020; and

3. Four percent (4%) if the person has been retired for five

(5) years or more as of July 1, 2020.