ok-2172: Oklahoma Public Employees Retirement System — Public Employees Retirement System
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Amendments are proposed necessitating permanent rulemaking action. The agency is considering proposals which are designed to make the administration of the Oklahoma Public Employees Retirement System (OPERS) more efficient and member service oriented. The amendment to 590:10-1-2 provides clarity on member participation after initial eligibility. The amendment 590:10-1-3 clarifies signature requirements on OPERS forms. The amendment to 590:10-7-9 updates existing language on member service rounding and revises a date to be consistent with state statute. The amendment to 590:10-9-2 modifies the payment procedures for OPERS Death Benefits to beneficiaries and funeral homes due to changes in state statute. The amendments to 590:10-11-1 and 590:10-11-9 update statutory citations and the amendments to 590:10-11-3 and 590:10-11-4 clarify the applicability of the Teacher’s Retirement System entry date when transporting or transferring service to OPERS.
The agency’s own summary, as published.
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