Oklahoma Administrative Code
Title 715 - Teachers' Retirement System
Chapter 10 - General Operations
Subchapter 3 - Service Eligibility
Section 715:10-3-5 - Minimum compensation requirements
Universal Citation: OK Admin Code 715:10-3-5
Current through Vol. 42, No. 1, September 16, 2024
In addition to the above, the following chart outlines the minimum salary levels which constitute membership service credit for the time periods indicated:
Minimum | Required | Allowable Credit | ||
Period | Time Worked | Annual Salary | Monthly | Annually |
07/01/43-06/30/61 | 9 months | $900 | - - | 1 year |
07/01/61-06/30/64 | 10 months | Less than $1,000 | Not Eligible | |
$1,000 | - - | 1 year | ||
07/01/64-06/30/84 | Less than $1,000 | Not Eligible | ||
$1,000-$1,500 | 1-1/2 months | 1/4 year | ||
$1,501-$1,750 | 3months | 1/2 year | ||
$1,751-$1,999 | 4-1/2 months | 3/4 year | ||
$2,000 and over | 6 months | 1 year | ||
07/01/84-Present | Less than $2,000 | Not Eligible | ||
$2,000-$3,000 | 1-1/2 months | 1/4 year | ||
$3,001-$3,500 | 3 months | 1/2 year | ||
$3,501-$3,999 | 4-1/2 months | 3/4 year | ||
$4,000 and over | 6 months | 1 year | ||
07-01-13 - Present | All fractional service eligible |
Amended at 16 Ok Reg 743, eff 10-5-98 (emergency); Amended at 16 Ok Reg 3567, eff 9-13-99; Amended at 29 Ok Reg 854, eff 8-1-12
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.
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