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§ 935.4. Employee contribution percentages

Oklahoma Statutes AnnotatedTitle 74. State Government

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 29. Oklahoma Public Employees Retirement System (Refs & Annos)
Retirement Freedom Act
74 Okl.St.Ann. § 935.4
§ 935.4. Employee contribution percentages
Currentness
A. Employee contributions to the defined contribution retirement system shall consist of a minimum of four and five-tenths percent (4.5%) of compensation.
B. Employee contributions to the defined contribution retirement system that are eligible for an employer match shall not exceed a percentage, based on the employee's compensation, which would exceed the maximum amount allowed pursuant to Section 415 of the Internal Revenue Code of 1986, as amended.

Credits

Laws 2014, c. 375, § 4, eff. Nov. 1, 2014; Laws 2015, c. 303, § 2, eff. Nov. 1, 2015.
74 Okl. St. Ann. § 935.4, OK ST T. 74 § 935.4
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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