Section 17-116.20 - Increase in benefits - July 1, 2006A. Any person receiving benefits from the Teachers' Retirement System of Oklahoma as of June 30, 2005, other than those benefits specified in subsection B of this section, who continues to receive benefits on or after July 1, 2006, shall receive a two-percent increase in said benefits beginning in July 2006.B. Any person receiving benefits pursuant to subsection (3) of Section 17-105 of Title 70 of the Oklahoma Statutes whose benefits commenced prior to July 1, 2005, and who continues to receive benefits on or after July 1, 2006, shall receive a two-percent increase in said benefits beginning in July 2006.Okla. Stat. tit. 70, § 17-116.20
Added by Laws 2006, 2nd Extr. Sess., HB 1179, c. 46, § 9, emerg. eff. 7/1/2006.