§ 1101.1. Establishment as qualified retirement plan under Internal Revenue Code
Oklahoma Statutes AnnotatedTitle 20. Courts
20 Okl.St.Ann. § 1101.1
§ 1101.1. Establishment as qualified retirement plan under Internal Revenue Code
A. The Uniform Retirement System for Justices and Judges is established as a qualified governmental retirement plan under Sections 401(a) and 414(d) of the federal Internal Revenue Code.1 The Board shall administer the System in order to comply with the applicable provisions of the federal Internal Revenue Code.2
C. For purposes of compliance with the federal Internal Revenue Code, the plan year for the System is the fiscal year beginning July 1 and the limitation year for purposes of Section 415 of the Internal Revenue Code3 is the calendar year.
Credits
Laws 1999, c. 257, § 8, eff. July 1, 1999.
20 Okl. St. Ann. § 1101.1, OK ST T. 20 § 1101.1
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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