Oklahoma § 74-930.6 - Calculation of retirement benefit increase
Full text of Oklahoma Oklahoma Statutes § 74-930.6 — Calculation of retirement benefit increase, with citation guidance and answers to common questions.
§ 74-930.6. Calculation of retirement benefit increase
Any member receiving retirement benefits from the System as of
June 30, 1999, who continues to receive benefits on or after July 1,
2000, shall receive an increase in retirement benefits to be
computed as follows:
1. Multiply One Thousand Two Hundred Eighty-three Dollars
($1,283.00) by two percent (2%);
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; and
4. This increase shall be adjusted to reflect any options
selected by the member at the time of retirement.
Added by Laws 2000, c. 377, § 14, eff. July 1, 2000.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-930.6
What does Oklahoma Statutes § 74-930.6 cover?
Section 74-930.6 ("Calculation of retirement benefit increase") 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 § 74-930.6?
A common citation format is "Oklahoma Statutes § 74-930.6" (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 § 74-930.6 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.