Section 935.4 - Employee contribution percentagesA. Employee contributions to the defined contribution retirement system shall consist of a minimum of four and five-tenths percent (4.5%) of compensation.B. Employee contributions to the defined contribution retirement system that are eligible for an employer match shall not exceed a percentage, based on the employee's compensation, which would exceed the maximum amount allowed pursuant to Section 415 of the Internal Revenue Code of 1986, as amended.Okla. Stat. tit. 74, § 935.4
Amended by Laws 2015 , c. 303, s. 2, eff. 11/1/2015.Added by Laws 2014 , c. 375, s. 4, eff. 11/1/2014.