Oklahoma Administrative Code
Title 715 - Teachers' Retirement System
Chapter 10 - General Operations
Subchapter 11 - Withdrawal From Membership and Refund of Deposits
Section 715:10-11-3 - False affidavits

Universal Citation: OK Admin Code 715:10-11-3
Current through Vol. 42, No. 1, September 16, 2024

A member who makes affidavit that he has permanently terminated his employment in state-supported public education in Oklahoma but who is so employed, orwho contracts for such employment before he receives the refund of his TRS account, shall not be entitled to the refund. If the refund is made in error because the Teachers' Retirement System is not aware of the continued employment, necessary steps will be taken to secure the redeposit of the withdrawn account with interest compounded annually at ten percent (10%) per annum. No benefits subsequently earned will be paid until this withdrawn account is returned to the Teachers' Retirement System.

Amended at 10 Ok Reg 3879, eff 7-12-93

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.