{"data":{"id":"us-ok/okla.-stat.-tit.-20-20-1101.1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 20, § 20-1101.1","heading":"Establishment as qualified retirement plan under","body":"Internal Revenue Code.\n\nA. The Uniform Retirement System for Justices and Judges is\n\nestablished as a qualified governmental retirement plan under\n\nSections 401(a) and 414(d) of the federal Internal Revenue Code.\n\nThe Board shall administer the System in order to comply with the\n\napplicable provisions of the federal Internal Revenue Code.\n\nB. As used in Section 1101 et seq. of Title 20 of the Oklahoma\n\nStatutes, “federal Internal Revenue Code” means the federal Internal\n\nRevenue Code of 1954 or 1986, as amended and as applicable to a\n\ngovernmental plan as in effect on July 1, 1999.\n\nC. For purposes of compliance with the federal Internal Revenue\n\nCode, the plan year for the System is the fiscal year beginning July\n\n1 and the limitation year for purposes of Section 415 of the\n\nInternal Revenue Code is the calendar year.\n\nD. Forfeitures arising from severance of employment, death, or\n\nfor any other reason may not be applied to increase the benefits any\n\nmember would otherwise receive under the System’s law. However,\n\nforfeitures may be used to reduce the employer’s contribution.","path":["OK Code","Title 20"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os20.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"c4b1eeef00c0e230c72e8524f97a7fa561c51044810b69a100e6c3d1d7ef42bd","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-20-20-1101","next":"us-ok/okla.-stat.-tit.-20-20-1102"},"notice":"GroundRules: Original legal text. Not legal advice."}