Okla. Stat. tit. 74, § 74-930.8: Public Employees Retirement System - Increase of

benefits.

Beginning July 1, 2004, any person receiving benefits from the

Oklahoma Public Employees Retirement System as of June 30, 2003, who

continues to receive benefits on or after July 1, 2004, shall

receive a percentage increase in said benefits on July 1, 2004, as

follows:

Years of Service Monthly Benefit

of the Retired Member as of June 30, 2004 Benefit Increase

20 years or more Less than $1,500.00 4.5%

$1,500.00 to $2,500.00 4.0%

Over $2,500.00 3.5%

15 to 19 years Less than $1,000.00 4.0%

$1,000.00 to $2,000.00 3.5%

Greater than $2,000.00 3.0%

Less than 15 years $800.00 or less 3.5%

$800.01 to $1,499.99 3.0%

$1,500.00 or greater 2.5%