Okla. Admin. Code § 715:10-11-3
Current through Vol. 42, No. 7, December 16, 2024
A member who makes affidavit that he has permanently terminated his employment in state-supported public education in Oklahoma but who is so employed, orwho contracts for such employment before he receives the refund of his TRS account, shall not be entitled to the refund. If the refund is made in error because the Teachers' Retirement System is not aware of the continued employment, necessary steps will be taken to secure the redeposit of the withdrawn account with interest compounded annually at ten percent (10%) per annum. No benefits subsequently earned will be paid until this withdrawn account is returned to the Teachers' Retirement System.
Okla. Admin. Code § 715:10-11-3