Oklahoma § 20-1104E - Increase in retirement benefits
Full text of Oklahoma Oklahoma Statutes § 20-1104E — Increase in retirement benefits, with citation guidance and answers to common questions.
§ 20-1104E. Increase in retirement benefits
Every person receiving retirement benefits from the System as of
June 30, 1993, shall receive on July 1, 1994, an increase in
retirement benefits to be computed as follows:
1. Multiply Seven Hundred Eighty Dollars ($780.00) by four
percent (4%);
2. Multiply the sum of paragraph 1 by the number of years of
credited service of the member;
3. Divide the sum of paragraph 2 by twelve (12) and this shall
be the increase in the monthly retirement benefit;
4. This increase shall be adjusted to reflect any options
selected by the member at the time of retirement.
Added by Laws 1985, c. 335, § 8, emerg. eff. July 30, 1985. Amended
by Laws 1990, c. 340, § 20, eff. July 1, 1990; Laws 1994, c. 383, §
5, eff. July 1, 1994.
Frequently Asked Questions About Oklahoma § 20-1104E
What does Oklahoma Statutes § 20-1104E cover?
Section 20-1104E ("Increase in retirement benefits") 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 § 20-1104E?
A common citation format is "Oklahoma Statutes § 20-1104E" (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 § 20-1104E 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.