{"data":{"id":"us-ok/okla.-stat.-tit.-74-74-935.10","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 74, § 74-935.10","heading":"Deposit of remitted funds","body":"A. Notwithstanding any other provision of the statutes\n\ngoverning the System to the contrary, each participating employer\n\nshall remit to the System the difference between the amount of money\n\nwhich would be remitted to the System using the employer\n\ncontribution rate required by Section 920 of Title 74 of the\n\nOklahoma Statutes and the amount of money required for the\n\nparticipating employer to make the required matching contribution\n\namount on behalf of a participating employee who participates in the\n\ndefined contribution system authorized pursuant to the provisions of\n\nSection 5 of this act.\n\nB. The System shall deposit the monies remitted to it by\n\nemployers having participating employees in the defined contribution\n\nsystem created by this act, as described by subsection A of this\n\nsection, into the existing defined benefit pension plan authorized\n\npursuant to Section 901 et seq. of Title 74 of the Oklahoma Statutes\n\nin order to reduce the liabilities of the defined benefit pension\n\nplan.","path":["OK Code","Title 74"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os74.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"defec12db02d40e08944fb580d8830b6e418ac553d88b031b64c7a50487e4581","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-74-74-935.1","next":"us-ok/okla.-stat.-tit.-74-74-935.11"},"notice":"GroundRules: Original legal text. Not legal advice."}
