Oklahoma Administrative Code
Title 715 - Teachers' Retirement System
Chapter 10 - General Operations
Subchapter 17 - Post-Retirement Employee
Section 715:10-17-14 - Termination and Resumption of Benefit Payments

Universal Citation: OK Admin Code 715:10-17-14

Current through Vol. 41, No. 13, March 15, 2024

When a retired member returns to active contributing status employment pursuant to OAC 715:10-17-13, the following will apply:

(1) If the member commences employment after the 15th of the month, the benefit payment for that month will be paid as regularly scheduled.

(2) If the member commences employment on or before the 15th of the month, the benefit payment for that month will not be due and must be refunded if paid to the member.

(3) If the member terminates employment on or before the 15th of a month and TRS is notified prior to the 20th of the month, the benefit payment for that month will be paid as regularly scheduled.

(4) If the member terminates employment after the 15th of a month, the benefit payment for that month will not be due and must be refunded if paid to the member.

Added at 22 Ok Reg 2649, eff 7-11-05

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