{"data":{"id":"us-ok/okla.-stat.-tit.-2-2-5-60.35","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 2, § 2-5-60.35","heading":"Membership of Oklahoma Public Employees Retirement","body":"System – Employer contributions – Accumulated annual leave and sick\n\nleave.\n\nA. If a statutory commodity producers board becomes a successor\n\norganization, all persons employed by a statutory commodity\n\nproducers board prior to the date of approval by the Commissioner\n\nshall remain members of the Oklahoma Public Employees Retirement\n\nSystem until retirement or termination, at the election of the\n\nemployee.\n\nB. For all employees who remain members of the Oklahoma Public\n\nEmployees Retirement System pursuant to subsection A of this\n\nsection, the successor organization shall pay the required employer\n\ncontributions applicable to the participating employers in the\n\nOklahoma Public Employees Retirement System pursuant to Section 920\n\nof Title 74 of the Oklahoma Statutes and the employee shall continue\n\nto pay employee contributions as required by Section 919.1 of Title\n\n74 of the Oklahoma Statutes.\n\nC. All employees of a statutory commodity producers board who\n\nremain members of the Oklahoma Public Employees Retirement System\n\npursuant to subsection A of this section shall continue to be\n\neligible employees for purposes of Sections 901 through 932 of Title\n\n74 of the Oklahoma Statutes. The successor organization shall be\n\nconsidered a participating employer, as defined by paragraph (25) of\n\nSection 902 of Title 74 of the Oklahoma Statutes only for such\n\nemployees.\n\nD. No person initially employed by the successor organization\n\nafter the date of approval by the Commissioner shall be allowed to\n\nparticipate in the Oklahoma Public Employees Retirement System\n\nduring the term of their employment with the successor organization,\n\nregardless of whether that employee was previously employed by a\n\nparticipating employer in the Oklahoma Public Employees Retirement\n\nSystem.\n\nE. 1. All annual leave and sick leave accumulated prior to the\n\ndate of approval by the Commissioner, by an employee who remains a\n\nmember of the Oklahoma Public Employees Retirement System pursuant\n\nto subsection A of this section will be recognized by the successor\n\norganization, subject to all accrual limitations in the Oklahoma\n\nStatutes.\n\n2. Beginning on the date of approval by the Commissioner,\n\nemployees of the successor organization shall not accrue annual\n\nleave and sick leave pursuant to Section 840-2.20 of Title 74 of the\n\nOklahoma Statutes, but may accrue annual leave and sick leave\n\naccording to a policy established by the successor organization at a\n\nrate not to exceed that of state employees under Title 74 of the\n\nOklahoma Statutes.\n\n3. The total participating service credit of a member who\n\nretires or terminates employment and elects a vested benefit shall\n\ninclude unused sick leave not to exceed the limitation imposed by\n\nparagraph 7 of subsection B of Section 913 of Title 74 of the\n\nOklahoma Statutes. If unused sick leave entitles a member to an\n\nadditional year of service credit, the successor organization shall\n\nreimburse the System for the cost of funding the additional reserve.\n\nThe successor organization shall provide the System with adequate\n\nand timely information necessary to determine additional benefits\n\nand its cost under this paragraph.","path":["OK Code","Title 2"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os2.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"60b912ae8fd49d1e2d078bf7c1405bf0701ec6b9a5b2970f4e5c1b64d654ffd7","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-2-2-5-60.34","next":"us-ok/okla.-stat.-tit.-2-2-5-60.36"},"notice":"GroundRules: Original legal text. Not legal advice."}