{"data":{"id":"us-ok/okla.-stat.-tit.-11-11-50-110","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 11, § 11-50-110","heading":"Contributions by members of System - Picked up","body":"contributions.\n\nA. Each member in the Oklahoma Police Pension and Retirement\n\nSystem prior to the effective date of this act shall contribute to\n\nthe System a minimum of eight percent (8%) of the member’s actual\n\npaid base salary. On or after the effective date of this act, each\n\nmember shall contribute to the System a minimum of nine percent\n\n(9%).\n\nAt the option of the participating municipality, the\n\nparticipating municipality may pay all or any part of the member’s\n\nrequired contribution. The sums contributed shall be paid online to\n\nthe System as provided in this article within ten (10) days\n\nfollowing the payroll period on which the contributions are based.\n\nAmounts deducted from the salary of a member and not paid to the\n\nSystem after thirty (30) days from each ending payroll date shall be\n\nsubject to a monthly late charge of five percent (5%) of the unpaid\n\nbalance to be paid by the municipality to the System. All funds\n\nreceived by a participating municipality for police retirement\n\npurposes shall be forwarded to the Oklahoma Police Pension and\n\nRetirement Board for credit to the Oklahoma Police Pension and\n\nRetirement Fund.\n\nB. Each municipality shall pick up under the provisions of\n\nSection 414(h)(2) of the Internal Revenue Code of 1986 and pay the\n\ncontribution which the member is required by law to make to the\n\nSystem for all compensation earned after December 31, 1988.\n\nAlthough the contributions so picked up are designated as member\n\ncontributions, such contributions shall be treated as contributions\n\nbeing paid by the municipality in lieu of contributions by the\n\nmember in determining tax treatment under the Internal Revenue Code\n\nof 1986 and such picked-up contributions shall not be includable in\n\nthe gross income of the member until such amounts are distributed or\n\nmade available to the member or the beneficiary of the member. The\n\nmember, by the terms of this System, shall not have any option to\n\nchoose to receive the contributions so picked up directly and the\n\npicked-up contributions must be paid by the municipality to the\n\nSystem.\n\nMember contributions which are picked up shall be treated in the\n\nsame manner and to the same extent as member contributions made\n\nprior to the date on which member contributions were picked up by\n\nthe municipality. Member contributions so picked up shall be\n\nincluded in gross salary for purposes of determining benefits and\n\ncontributions under the System.\n\nThe municipality shall pay the member contributions from the\n\nsame source of funds used in paying salary to the member, by\n\neffecting an equal cash reduction in gross salary of the member.","path":["OK Code","Title 11"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os11.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"3fc9a2ee81b88923604d6a64d57541d87b0685d246e4a6fa800e534be10a4875","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-11-11-50-109","next":"us-ok/okla.-stat.-tit.-11-11-50-111.1"},"notice":"GroundRules: Original legal text. Not legal advice."}