Oklahoma Administrative Code
Title 715 - Teachers' Retirement System
Chapter 10 - General Operations
Subchapter 15 - Service Retirement
Section 715:10-15-3.1 - Employer's verification of retirement information
Current through Vol. 42, No. 1, September 16, 2024
Employers of members actively employed during the school year of retirement must submit to TRS information on the member's final year of employment to complete the member's retirement.
(1) Upon receipt of the Application to Retire from a member, TRS shall notify the employer that final employment information is needed from the employer. The employer shall submit the required employment information via TRS' online Employer Portal not less than sixty (60) days prior to the member's date of retirement. Information submitted by the employer shall include, but not be limited to: last day the member is expected to be physically on the job; last day the member is expected to be on the payroll, the member's expected final annual compensation for that employment year, and an expected balance of accrued/unused sick leave.
(2) No later than the 15 th day of the month of the member's retirement the employer shall confirm via the TRS Employer Portal the information provided to TRS in subsection (1) above, making any changes to the final information as is necessary. Failure to submit this information by the deadline or errors in submitted information that result in a disqualification of retirement eligibility shall be the responsibility of the employer as is provided in 70 O.S. § 17-105(1)(a)(2).
