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Oklahoma Statutes
Title 11 - CITIES AND TOWNSChapter 1 - OKLAHOMA MUNICIPAL CODEArticle L - POLICE PENSION AND RETIREMENT SYSTEM
MUNICIPAL POLICE PENSION AND RETIREMENT SYSTEM
Section 50-105.3 - Certified estimate of rate of contribution required, accumulated contributions and other assets of System

Okla. Stat. tit. 11 § 50-105.3

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Current through Laws 2024, c. 378.
Section 50-105.3 - Certified estimate of rate of contribution required, accumulated contributions and other assets of System

The State Board shall certify to the Director of the Office of Management and Enterprise Services, the Speaker of the House of Representatives, and the President Pro Tempore of the Senate, on or before November 1 of each year, an actuarially determined estimate of the rate of contribution which will be required, together with all accumulated contributions and other assets of the System to pay by level-dollar payments all liabilities which shall exist or accrue pursuant to the provisions of the System, including amortization of the unfunded accrued liability over a period of not to exceed thirty (30) years beginning July 1, 1988.

Okla. Stat. tit. 11, § 50-105.3

Laws 1983, HB 1091, c. 143, § 6, emerg. eff. 7/1/1983; Amended by Laws 1988, HB 1582, c. 321, § 13, emerg. eff. 7/1/1988; Amended by Laws 2003 , SB 645, c. 51, § 3, emerg. eff. 7/1/2003; Amended by Laws 2012 , HB 3079, c. 304, § 50.