Oklahoma § 19-954 - Annual appropriation - Maximum contributions
Full text of Oklahoma Oklahoma Statutes § 19-954 — Annual appropriation - Maximum contributions, with citation guidance and answers to common questions.
§ 19-954. Annual appropriation - Maximum contributions
It shall be the mandatory duty of the board of county
commissioners of any county establishing a retirement fund and
system to appropriate annually, for the sole use of the retirement
fund within its general fund and subject to the approval of the
county excise board, a sum which shall be equal to or exceed the
contributions made to the retirement fund by the employees. Such
appropriation shall not exceed the sum of the current annual
salaries of all employees to be covered in the following
percentages:
July 1, 2007 – June 30, 2008
13 1/2%
July 1, 2008 – June 30, 2009
14 1/2%
July 1, 2009 – June 30, 2010
15 1/2%
July 1, 2010 – June 30, 2019
16 1/2%
July 1, 2019 - June 30, 2025
18 1/2%
July 1, 2025 - June 30, 2026
and each year thereafter
22%
Beginning July 1, 2025, the total employer and employee
contributions shall not exceed twenty-two percent (22%) of the
monthly compensation of each member. The governing body of the
participating employers listed in this section may vary the
percentage contribution of the employer and employee, provided the
total percentage contributed by the employer and employee equals the
total percentage contribution required by this section. Payment of
such shall be paid to the fund upon verified claims by the treasurer
of the fund approved by the board of trustees and attested by its
clerk.
Added by Laws 1961, p. 218, § 4, emerg. eff. July 14, 1961. Amended
by Laws 1967, c. 222, § 2, emerg. eff. May 2, 1967; Laws 1989, c.
336, § 2, eff. July 1, 1989; Laws 2007, c. 126, § 1, eff. July 1,
2007; Laws 2019, c. 380, § 1, eff. July 1, 2019; Laws 2022, c. 25, §
1, eff. July 1, 2022.; Laws 2025, c. 270, § 1, eff. July 1, 2025.
Oklahoma Statutes - Title 19. Counties and County Officers
Frequently Asked Questions About Oklahoma § 19-954
What does Oklahoma Statutes § 19-954 cover?
Section 19-954 ("Annual appropriation - Maximum contributions") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 19-954?
A common citation format is "Oklahoma Statutes § 19-954" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 19-954 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.