Okla. Admin. Code § 590:15-5-3

Current through Vol. 42, No. 4, November 1, 2024
Section 590:15-5-3 - Construction

Whenever any actuarial present value or actuarial equivalency is to be determined under the Excess Benefit Plan to establish a benefit, it shall be based on such reasonable actuarial assumptions as may be approved in the sole discretion of the Board, and shall be determined in a uniform manner for all similarly situated Participants.

Okla. Admin. Code § 590:15-5-3

Added at 28 Ok Reg 100, eff 9-17-10 (emergency); Added at 28 Ok Reg 672, eff 5-12-11