§ 955. Prorating in case of insufficiencies
Oklahoma Statutes AnnotatedTitle 19. Counties and County Officers
19 Okl.St.Ann. § 955
§ 955. Prorating in case of insufficiencies
If the funds in any retirement system are insufficient to make full payment of the amount of retirement benefits or allowances to any eligible persons under the rules and regulations of the board of trustees then such fund shall be prorated among those entitled thereto as the board of trustees administering said fund shall determine to be just and equitable.
Credits
Laws 1961, p. 218, § 5, emerg. eff. July 14, 1961.
19 Okl. St. Ann. § 955, OK ST T. 19 § 955
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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