Opinion No. 75-107 (1975) Ag
Opinion
PUBLIC EMPLOYEES RETIREMENT SYSTEM — WITHDRAWAL An elected state official who is a member of the Oklahoma Public Employees Retirement System may not withdraw from membership in the System while either continuing to serve as an elected state official or after having become re-employed with a participating employer within 120 days from termination of previous employment with a participating employer. The Attorney General has considered your request for an opinion wherein you ask whether an elected state official, once having opted for membership in the Oklahoma Public Employees Retirement System, can withdraw from membership in the System while either continuing to serve as an elected state official or after having become re-employed with a participating employer within 120 days from termination of previous employment with a participating employer. As indicated in your letter, Attorney General's Opinion No. 63-413 suggests that membership in the state Public Employees Retirement System should be optional for elected state officials. We hereby reaffirm Opinion No. 63-413 to the extent same discusses membership in the state retirement system by elected state officials. The importance of maintaining the Retirement Fund in an actuarily sound condition as indicated in your letter is also noted. The Oklahoma Public Employees Retirement System Act, 74 O.S. 901 [
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Opinion No. 75-107 (1975) Ag (Opinion No. 75-107 (1975) Ag) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.