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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 74, § 74-935.10: Deposit of remitted funds

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Where this section sits in the code
  1. OK Code
  2. Title 74

A. Notwithstanding any other provision of the statutes

governing the System to the contrary, each participating employer

shall remit to the System the difference between the amount of money

which would be remitted to the System using the employer

contribution rate required by Section 920 of Title 74 of the

Oklahoma Statutes and the amount of money required for the

participating employer to make the required matching contribution

amount on behalf of a participating employee who participates in the

defined contribution system authorized pursuant to the provisions of

Section 5 of this act.

B. The System shall deposit the monies remitted to it by

employers having participating employees in the defined contribution

system created by this act, as described by subsection A of this

section, into the existing defined benefit pension plan authorized

pursuant to Section 901 et seq. of Title 74 of the Oklahoma Statutes

in order to reduce the liabilities of the defined benefit pension

plan.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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