There is a newer version of the Oklahoma Statutes
2015 Oklahoma Statutes
Title 19. Counties and County Officers
§19-955. Prorating in case of insufficiencies.
19 OK Stat § 19-955 (2015) What's This?
If the funds in any retirement system are insufficient to make full payment of the amount of retirement benefits or allowances to any eligible persons under the rules and regulations of the board of trustees then such fund shall be prorated among those entitled thereto as the board of trustees administering said fund shall determine to be just and equitable.
Added by Laws 1961, p. 218, § 5.
Disclaimer: These codes may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.