§ 1363. Definitions
Oklahoma Statutes AnnotatedTitle 74. State Government
74 Okl.St.Ann. § 1363
§ 1363. Definitions
The following words and phrases as used in Section 1361 et seq. of this title, unless a different meaning is clearly required by the context, shall have the following meanings:
4. “Benefit plan” means the specific terms and conditions regarding a benefit which may be purchased under the plan, including the terms and conditions of any separate plan document, group insurance policy or administrative services contract entered into by the Oklahoma Employees Insurance and Benefits Board;
7. “Code” means the Internal Revenue Code of 1986,1 as amended, from time to time;
8. “Compensation” means the remuneration directly paid to a participating employee by a participating employer exclusive of overtime pay, and longevity pay, calculated prior to and without regard to adjustments arising out of an employee's participation in the plan authorized pursuant to this act, or amounts deferred under the tax sheltered income deferment plans as authorized by Section 1701 et seq. of this title;
10. “Dependent” means a participant's spouse or any of his or her dependents as defined in Code Section 1522 and regulations promulgated thereunder;
13. “Participant” means any officer or employee of a participating employer who is a member of the Oklahoma Law Enforcement Retirement System, the Oklahoma Public Employees Retirement System or the Uniform Retirement System for Justices and Judges, any officer or employee of a participating employer, whose employment is not seasonal or temporary and whose employment requires at least one thousand (1,000) hours of work per year and whose salary and wage is equal to or greater than the hourly wage for state employees, and any employee of a participating employer who is a member of the Teachers' Retirement System of Oklahoma;
14. “Participating employer” means any state agency, board, commission, department, institution, authority, officer, bureau, council, office or other entity created by the Oklahoma Constitution or statute that is a participating employer of the Oklahoma Law Enforcement Retirement System, the Oklahoma Public Employees Retirement System or the Uniform Retirement System for Justices and Judges, but shall not include any county, county hospital, city or town, conservation district, any private or public trust in which a county, city or town participates and is the primary beneficiary, any school district or technology center school district, or political subdivision of the state, but shall include the State Department of Education, the Oklahoma Department of Wildlife Conservation, the Oklahoma Employment Security Commission, the Teachers' Retirement System of Oklahoma and the Oklahoma Department of Career and Technology Education. Provided the term “participating employer” shall also mean the State Regents for Higher Education or any institution under the authority of the State Regents for Higher Education upon agreement between the State Regents for Higher Education or the appropriate governing board of an institution under the authority of the State Regents for Higher Education and the Board;
16. “Plan” means the flexible benefits plan authorized pursuant to the State Employees Flexible Benefits Act3 as modified by the provisions of this act;
18. “Salary adjustment agreement” means a written agreement between a participant and participating employer whereby the employer agrees to adjust the salary of the participant by a stated amount or an amount equal to the cost of benefits selected under the plan and the participating employer agrees to contribute such amount to cover certain costs of the benefits selected by the participant to the Board; and
Credits
Laws 1992, c. 400, § 3, eff. July 1, 1992; Laws 1993, c. 359, § 9, eff. July 1, 1993; Laws 1994, c. 2, § 32, emerg. eff. March 2, 1994; Laws 1999, c. 255, § 5, eff. Nov. 1, 1999; Laws 2001, c. 33, § 178, eff. July 1, 2001; Laws 2012, c. 303, § 16, eff. Nov. 1, 2012.
74 Okl. St. Ann. § 1363, OK ST T. 74 § 1363
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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