Oklahoma Administrative Code
Title 715 - Teachers' Retirement System
Chapter 10 - General Operations
Subchapter 15 - Service Retirement
Section 715:10-15-4 - Effective date of retirement contract
Current through Vol. 42, No. 1, September 16, 2024
The effective date of retirement shall be the date specified on the Final Contract for Retirement completed and signed by the member. The effective date of retirement can be the first of any month specified by the member, except the effective retirement date cannot be earlier than the following:
(1) The last day on which service is rendered shall be accepted as the last day of employment, when so certified by the employer. This is not necessarily the last day for which the member receives pay.
(2) If employment terminates on or before the tenth (10th) day of the month, the retirement date can be that same month.
(3) If a member's employment terminates after the tenth (10th) day of the month, the retirement date can be the first day of the following month.
