Oklahoma Administrative Code
Title 590 - Oklahoma Public Employees Retirement System
Chapter 10 - Public Employees Retirement System
Subchapter 11 - Transported and State Portable Service Credit
Section 590:10-11-15 - Funds transfer for portable service
Universal Citation: OK Admin Code 590:10-11-15
Current through Vol. 41, No. 13, March 15, 2024
No retirement funds shall be transferred or accepted for transferred state portable service until receipt of the signed final election form. Funds shall be credited to the member in the same manner as they were held in the sending system. For example, employer contributions in the sending system shall be maintained as employer contributions in the receiving system and pre-tax employee contributions in the sending system shall be maintained as pre-tax employee contributions in the receiving system.
Added at 18 Ok Reg 548, eff 12-28-00 through 7-14-01 (emergency); Added at 18 Ok Reg 3258, eff 7-26-01
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