Oklahoma § 62-254 - Oklahoma Pension Improvement Revolving Fund
Full text of Oklahoma Oklahoma Statutes § 62-254 — Oklahoma Pension Improvement Revolving Fund, with citation guidance and answers to common questions.
§ 62-254. Oklahoma Pension Improvement Revolving Fund
There is hereby created in the State Treasury a revolving fund
for the retirement systems of the State of Oklahoma to be designated
the "Oklahoma Pension Improvement Revolving Fund". The fund shall
be a continuing fund, not subject to fiscal year limitations, and
shall consist of all monies received and placed in the fund for the
benefit of retired members and beneficiaries of the retirement
systems of the State of Oklahoma from such sources as may be
designated by law. Expenditures from the fund shall be made only
pursuant to legislative appropriation from the Oklahoma Pension
Improvement Revolving Fund to pay for the cost of any legislatively
authorized cost-of-living adjustment for the retirees or
beneficiaries of the retirement systems of the State of Oklahoma or
to reduce the unfunded liabilities of any of the state retirement
systems.
Added by Laws 2016, c. 215, § 2.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-254
What does Oklahoma Statutes § 62-254 cover?
Section 62-254 ("Oklahoma Pension Improvement Revolving Fund") 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 § 62-254?
A common citation format is "Oklahoma Statutes § 62-254" (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 § 62-254 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.