Oklahoma Administrative Code
Title 715 - Teachers' Retirement System
Chapter 1 - Administrative Operations
Section 715:1-1-18 - Retirement benefit reduction to pay a judgment or settlement as an offset
Universal Citation: OK Admin Code 715:1-1-18
Current through Vol. 41, No. 13, March 15, 2024
The Board of Trustees may approve an offset of a member's benefit to pay a judgment or settlement against the member for a crime involving the System, for a breach of the member's fiduciary duty to the System, or for funds or monies incorrectly paid to a member or a beneficiary by mistake. Such offsets will be made in accordance with any applicable state statutes and requirements of Section 401(a)(13) of the Internal Revenue Code of 1986.
Added at 17 Ok Reg 202, eff 9-8-99 (emergency); Added at 17 Ok Reg 3068, eff 7-13-00
Disclaimer: These regulations may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
