Okla. Admin. Code § 590:40-9-13
Current through Vol. 42, No. 8, January 2, 2025
If an Employee has been properly enrolled in the Plan on a timely basis but the deferral is not made at the first available payroll period through no fault of the Employee, the deferral amount may be increased, upon approval of OPERS, in the first possible payroll following discovery of the error in order to establish participation as originally intended. Solely for purposes of determining eligibility for any Employer contribution, the Employee's participation in the Plan is deemed to have begun on the payroll for which that deferral should have originally occurred. The deemed deferral provision of this section shall not alter any tax ramifications that otherwise apply.
Okla. Admin. Code § 590:40-9-13