Oklahoma Administrative Code
Title 590 - Oklahoma Public Employees Retirement System
Chapter 10 - Public Employees Retirement System
Subchapter 15 - Limited Retirement Benefit
Section 590:10-15-1 - Purpose and intent
Current through Vol. 41, No. 13, March 15, 2024
By adoption of the rules set out in this Subchapter, the Board represents that:
(1) With respect to the payment of the limited retirement benefits, the Board intends to comply in all respects with the tax qualification requirements for governmental plans applicable to such benefit payments as specified in the Internal Revenue Code of 1986, as amended from time to time and as applicable to governmental plans and the relevant regulatory provisions and guidance related thereto ("Tax qualification requirements").
(2) In administering this Subchapter, the Board will comply with the legislative intent as contained in the Limited Benefit Legislation.
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
