{"data":{"id":"us-ok/okla.-stat.-tit.-70-70-17-108.1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 70, § 70-17-108.1","heading":"Contributions - Amount - Payment","body":"A. 1. Except as provided in paragraph 2 of this subsection,\n\nthe employer of any member of the Teachers' Retirement System of\n\nOklahoma shall make the following contributions to the System:\n\na. beginning July 1, 1998, through June 30, 1999, eleven\n\nand one-half percent (11 1/2%) of the regular annual\n\ncompensation of the member not in excess of any\n\napplicable maximum compensation level of the member,\n\nb. beginning July 1, 1999, through June 30, 2000, four\n\nand eight-tenths percent (4.8%) of the regular annual\n\ncompensation of the member not in excess of any\n\napplicable maximum compensation level of the member,\n\nc. beginning July 1, 2000, through June 30, 2001, five\n\nand eight-tenths percent (5.8%) of the regular annual\n\ncompensation of the member not in excess of any\n\napplicable maximum compensation level of the member,\n\nd. beginning July 1, 2001, through June 30, 2002, six and\n\neight-tenths percent (6.8%) of the regular annual\n\ncompensation of the member not in excess of any\n\napplicable maximum compensation level of the member,\n\ne. beginning July 1, 2002, through December 31, 2006,\n\nseven and five-hundredths percent (7.05%) of the\n\nregular annual compensation of the member not in\n\nexcess of any applicable maximum compensation level of\n\nthe member,\n\nf. beginning January 1, 2007, through June 30, 2007,\n\nseven and six-tenths percent (7.6%) of the regular\n\nannual compensation of the member not in excess of any\n\napplicable maximum compensation level of the member,\n\ng. beginning July 1, 2007, through December 31, 2007,\n\nseven and eighty-five hundredths percent (7.85%) of\n\nthe regular annual compensation of the member not in\n\nexcess of any applicable maximum compensation level of\n\nthe member,\n\nh. beginning January 1, 2008, through June 30, 2008,\n\neight and thirty-five hundredths percent (8.35%) of\n\nthe regular annual compensation of the member not in\n\nexcess of any applicable maximum compensation level of\n\nthe member,\n\ni. beginning July 1, 2008, through December 31, 2008,\n\neight and five-tenths percent (8.5%) of the regular\n\nannual compensation of the member not in excess of any\n\napplicable maximum compensation level of the member,\n\nj. beginning January 1, 2009, through December 31, 2009,\n\nnine percent (9%) of the regular annual compensation\n\nof the member not in excess of any applicable maximum\n\ncompensation level of the member,\n\nk. beginning January 1, 2010, through June 30, 2010, nine\n\nand five-tenths percent (9.5%) of the regular annual\n\ncompensation of the member not in excess of any\n\napplicable maximum compensation level of the member,\n\nand\n\nl. beginning July 1, 2010, through June 30, 2011, and for\n\neach fiscal year thereafter, nine and five-tenths\n\npercent (9.5%) of the regular annual compensation of\n\nthe member not in excess of any applicable maximum\n\ncompensation level of the member.\n\nThe employer contribution rate increase that would otherwise be\n\neffective, as provided by subparagraphs f, g, h, i, j, k and l of\n\nthis paragraph, shall not become effective as law unless funding\n\nlevels to each of the affected participating employers within the\n\nSystem are increased so that the additional employer contribution\n\nobligation is funded through an appropriation or transfer of monies\n\ninstead of requiring the additional employer contribution to be paid\n\nfor from existing budgetary resources of such participating\n\nemployers. The participating employers shall use any monies\n\nspecifically made available for purposes of making employer\n\ncontributions for such purpose and to the extent of the funds made\n\navailable for that purpose.\n\n2. a. Beginning January 1, 2007, through December 31, 2007,\n\na participating employer that employs an employee of a\n\ncomprehensive university or a regional institution\n\noffering a four-year degree program as designated or\n\nauthorized by the Oklahoma State Regents for Higher\n\nEducation shall make contributions to the System with\npose and to the extent of the funds made\n\navailable for that purpose.\n\n2. a. Beginning January 1, 2007, through December 31, 2007,\n\na participating employer that employs an employee of a\n\ncomprehensive university or a regional institution\n\noffering a four-year degree program as designated or\n\nauthorized by the Oklahoma State Regents for Higher\n\nEducation shall make contributions to the System with\n\nrespect to such employees at the rate of seven and\n\nfive-hundredths percent (7.05%) of the regular annual\n\ncompensation of the member not in excess of any\n\napplicable maximum compensation level.\n\nb. Beginning January 1, 2008, through December 31, 2008,\n\na participating employer that employs an employee of a\n\ncomprehensive university or a regional institution\n\noffering a four-year degree program as designated or\n\nauthorized by the Oklahoma State Regents for Higher\n\nEducation shall make contributions to the System with\n\nrespect to such employees at the rate of seven and\n\nfifty-five hundredths percent (7.55%) of the regular\n\nannual compensation of the member not in excess of any\n\napplicable maximum compensation level of the member.\n\nc. Beginning January 1, 2009, through December 31, 2009,\n\na participating employer that employs an employee of a\n\ncomprehensive university or a regional institution\n\noffering a four-year degree program as designated or\n\nauthorized by the Oklahoma State Regents for Higher\n\nEducation shall make contributions to the System with\n\nrespect to such employees at the rate of eight and\n\nfive hundredths percent (8.05%) of the regular annual\n\ncompensation of the member not in excess of any\n\napplicable maximum compensation level of the member.\n\nd. Beginning January 1, 2010, through June 30, 2010, a\n\nparticipating employer that employs an employee of a\n\ncomprehensive university or a regional institution\n\noffering a four-year degree program as designated or\n\nauthorized by the Oklahoma State Regents for Higher\n\nEducation shall make contributions to the System with\n\nrespect to such employees at the rate of eight and\n\nfifty-five hundredths percent (8.55%) of the regular\n\nannual compensation of the member not in excess of any\n\napplicable maximum compensation level of the member.\n\ne. Beginning July 1, 2010, through June 30, 2011, and for\n\neach fiscal year thereafter, a participating employer\n\nthat employs an employee of a comprehensive university\n\nor a regional institution offering a four-year degree\n\nprogram as designated or authorized by the Oklahoma\n\nState Regents for Higher Education shall make\n\ncontributions to the System with respect to such\n\nemployees at the rate of eight and fifty-five\n\nhundredths percent (8.55%) of the regular annual\n\ncompensation of the member not in excess of any\n\napplicable maximum compensation level of the member.\n\nThe employer contribution rate increase that would otherwise be\n\neffective as provided by subparagraphs b, c, d and e of this\n\nparagraph shall not become effective as law unless funding levels\n\nare increased so that the additional employer contribution\n\nobligation is funded through such an appropriation or transfer of\n\nmonies instead of requiring the additional employer contribution to\n\nbe paid for from existing budgetary resources of such participating\n\nemployers. The participating employers shall use any monies\n\nspecifically made available for purposes of making employer\n\ncontributions for such purpose and to the extent of the funds made\n\navailable for that purpose.\n\n3. Any employer contribution paid to the System pursuant to\n\nthis subsection shall not be considered as salary, fringe benefit,\n\nor total compensation due to members for the purpose of meeting any\n\nlegislative or contractual obligation of the employer.\n\nB. For entities or institutions within The Oklahoma State\n\nSystem of Higher Education, the contributions to the System shall be\nfor that purpose.\n\n3. Any employer contribution paid to the System pursuant to\n\nthis subsection shall not be considered as salary, fringe benefit,\n\nor total compensation due to members for the purpose of meeting any\n\nlegislative or contractual obligation of the employer.\n\nB. For entities or institutions within The Oklahoma State\n\nSystem of Higher Education, the contributions to the System shall be\n\nmade on regular annual compensation of a member who is an employee\n\nof such entity or institution not to exceed the maximum compensation\n\nlevel in effect for the member as prescribed by law.\n\nC. Employers paying contributions to the System pursuant to\n\nsubsection A or B of this section shall receive credit for that\n\nportion of the gross production tax on natural gas and/or casinghead\n\ngas apportioned to the System pursuant to subsection 2 of Section\n\n1004 of Title 68 of the Oklahoma Statutes in meeting the total\n\nrequired employer contribution. On an annual basis, the Board of\n\nTrustees of the Teachers' Retirement System of Oklahoma shall\n\nestimate the net additional cost required to be paid by the\n\ncontributing employers in order to meet the total employer\n\ncontribution as provided in subsection A or B of this section. The\n\nBoard of Trustees shall approve the amount of the additional\n\ncontribution required to be paid by contributing employers as a\n\npercentage of total member salaries and fringe benefits for each\n\nfiscal year ending June 30, no later than April 1 of the previous\n\nfiscal year. In no event shall the additional contribution required\n\nto be paid by the contributing employer under this subsection be\n\nless than the contribution required under this subsection in the\n\nprior year. In the event actual contributions do not equal the\n\nrequired total contribution as provided in subsection A or B of this\n\nsection, the net difference between the actual contributions and the\n\nrequired total contributions shall be determined and shall be\n\nincluded in the amount of the additional contribution required to be\n\npaid by contributing employers for the next fiscal year. All\n\ncontributing employers shall pay the same percentage of total member\n\nsalaries and fringe benefits during each fiscal year. The\n\nprovisions of this subsection shall terminate June 30, 1999.\n\nD. Any school district, state college or university, State\n\nBoard of Education, State Board of Career and Technology Education,\n\nor other state agency may, for and on behalf of any member of the\n\nSystem, pay all or any portion of the contribution required by\n\nSection 17-108 of this title. Provided, the contribution so paid by\n\nany school district, state college or university, State Board of\n\nEducation, State Board of Career and Technology Education, or other\n\nstate agency shall be and remain subject to the withdrawal\n\nprovisions set forth under the System. Wherever the term\n\n\"contribution\" is used, it shall be deemed to include contributions\n\npaid for and on behalf of a member by a school district, state\n\ncollege or university, State Board of Education, State Board of\n\nCareer and Technology Education, or other state agency.\n\nE. All participating employers shall provide a complete record\n\nof the total compensation paid to each employee, including any\n\nperson who is a retired member of the System, whether or not\n\nemployer and employee contributions are made with respect to such\n\ncompensation. The employer shall provide the report required by\n\nthis subsection on a monthly basis on a form or using such method as\n\nthe Teachers' Retirement System of Oklahoma may require and shall\n\nprovide a comprehensive annual report showing the correct\n\ncompensation, service credit and contributions for the prior fiscal\n\nyear. Each participating employer shall provide reasonable access\n\nto its payroll records, records of contribution payments to the\n\nSystem and all other records relevant to the participation of its\nhod as\n\nthe Teachers' Retirement System of Oklahoma may require and shall\n\nprovide a comprehensive annual report showing the correct\n\ncompensation, service credit and contributions for the prior fiscal\n\nyear. Each participating employer shall provide reasonable access\n\nto its payroll records, records of contribution payments to the\n\nSystem and all other records relevant to the participation of its\n\nemployees in the System, to the System, its employees or authorized\n\nagents. A participating employer shall cooperate with auditors\n\nretained by the System to audit its financial statements or\n\notherwise audit the financial operations of the System.","path":["OK Code","Title 70"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os70.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"476bea75636b8b495df18ee8be27edf06d5585335701a0e82f850c29acabb7dd","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-70-70-17-108","next":"us-ok/okla.-stat.-tit.-70-70-17-108.2"},"notice":"GroundRules: Original legal text. Not legal advice."}