Oklahoma Public Employees Retirement System Docket OAC 590:35 Proposed Rule

ok-1017: Oklahoma Public Employees Retirement System — Deferred Savings Incentive Plan

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Summary

Amendments are proposed necessitating permanent rulemaking action. The agency is considering proposals which are designed to make the administration of the Deferred Savings Incentive Plan more efficient and member service oriented. The amendment to 590: 35-1-3 is due to changes in state law and clarifies definitions. The amendment to 590:35-13-6 clarifies how benefits are paid in the event of the death of the member. The amendment to 590:35-15-2 corrects a citation error within the rule.

The agency’s own summary, as published.

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