{"data":{"id":"us-ok/okla.-stat.-tit.-20-20-1102c","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 20, § 20-1102C","heading":"Retirement benefit options","body":"A. Except as otherwise provided for in this section and Section\n\n1104.2 of this title, members who join the Uniform Retirement System\n\nfor Justices and Judges on September 1, 2005, or thereafter, may\n\nelect to have the retirement benefit paid under one of the options\n\nprovided in this section in lieu of having it paid in the form\n\nstated in Section 1104 of this title. The election of an option\n\nmust be made prior to the member's retirement date or to receipt of\n\na benefit after termination of service with a vested benefit. A\n\nspecific person must be designated as joint annuitant at the time of\n\nthe election of Option A or B. Election of an option is available\n\nwith respect to the vested benefit. All retirement benefits of a\n\nmarried member shall be paid pursuant to the Option A plan as\n\nprovided for in this section unless the spouse of a member consents\n\nin writing for the unreduced benefits to be paid as provided for in\n\nSection 1104 of this title. The spouse of the member is not required\n\nto consent in writing to the election of the Option B plan by the\n\nmember.\n\nB. The amount of retirement benefit payable under an option\n\nshall be based on the age and sex of the member and the age and sex\n\nof the joint annuitant at the retirement date, and shall be such\n\namount as to be the actuarial equivalent of the retirement benefit\n\notherwise payable under Section 1104 of this title.\n\nC. The retirement options are:\n\nOption A. Joint and one-half to joint annuitant survivor. A\n\nreduced retirement benefit is payable to the retiree during his or\n\nher lifetime with one-half (1/2) of that amount continued to the\n\njoint annuitant during such joint annuitant's remaining lifetime, if\n\nany, after the death of the retiree. If the named joint annuitant\n\ndies at any time after the member's retirement date, but before the\n\ndeath of the retiree, the retiree shall return to the unreduced\n\nretirement benefit, including any postretirement benefit increases,\n\nthe member would have received had the member not selected Option A.\n\nThe benefit shall be determined at the date of death of the named\n\njoint annuitant. This increase shall become effective the first day\n\nof the month following the date of death of the named joint\n\nannuitant, and shall be payable for the retiree's remaining\n\nlifetime. The retiree shall notify the Uniform Retirement System\n\nfor Justices and Judges of the death of the named joint annuitant in\n\nwriting. In the absence of the written notice being filed by the\n\nmember notifying the Uniform Retirement System for Justices and\n\nJudges of the death of the named joint annuitant within six (6)\n\nmonths of the date of death, nothing in this subsection shall\n\nrequire the Uniform Retirement System for Justices and Judges to pay\n\nmore than six (6) months of retrospective benefits increase.\n\nOption B. Joint and survivor. A reduced retirement benefit is\n\npayable to the retiree during his or her lifetime with that amount\n\ncontinued to the joint annuitant during the joint annuitant's\n\nremaining lifetime, if any, after the death of the retiree. If the\n\nnamed joint annuitant dies at any time after the member's retirement\n\ndate, but before the death of the retiree, the retiree shall return\n\nto the unreduced retirement benefit, including any postretirement\n\nbenefit increases, the member would have received had the member not\n\nselected Option B. The benefit shall be determined at the date of\n\ndeath of the named joint annuitant. This increase shall become\n\neffective the first day of the month following the date of death of\n\nthe named joint annuitant, and shall be payable for the retiree's\n\nremaining lifetime. The retiree shall notify the Uniform Retirement\n\nSystem for Justices and Judges of the death of the named joint\n\nannuitant in writing. In the absence of such written notice being\n\nfiled by the member notifying the Uniform Retirement System for\nthe date of death of\n\nthe named joint annuitant, and shall be payable for the retiree's\n\nremaining lifetime. The retiree shall notify the Uniform Retirement\n\nSystem for Justices and Judges of the death of the named joint\n\nannuitant in writing. In the absence of such written notice being\n\nfiled by the member notifying the Uniform Retirement System for\n\nJustices and Judges of the death of the named joint annuitant within\n\nsix (6) months of the date of death, nothing in this subsection\n\nshall require the Uniform Retirement System for Justices and Judges\n\nto pay more than six (6) months of retrospective benefits increase.\n\nD. If a member who is eligible to retire in accordance with the\n\nprovisions of this section or Section 1104 of this title but is not\n\nactually retired or is eligible to vest or has elected a vested\n\nbenefit dies, the member's spouse may elect to receive benefits as a\n\njoint annuitant under Option B, calculated as if the member retired\n\non the date of death, in lieu of receiving the member's accumulated\n\ncontributions. However, no benefits shall be payable before the\n\ndate the deceased member would have met the requirements for a\n\nnormal or early retirement. The provisions of this paragraph shall\n\nbe applicable to a surviving spouse of a deceased member who died\n\nprior to the effective date of this act, but only if no benefits or\n\ndistributions have been previously paid.","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":"e69f66b1f886e88803963faae39ebed0463d22b69f3e6f6297818369c9bcb540","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-20-20-1102b","next":"us-ok/okla.-stat.-tit.-20-20-1103"},"notice":"GroundRules: Original legal text. Not legal advice."}