Oklahoma Statutes
§ 19-955 — Prorating in case of insufficiencies.
Oklahoma·Title 19 Counties And County Officers
If the funds in any retirement system are insufficient to make full payment of the amount of retirement benefits or allowances to any eligible persons under the rules and regulations of the board of trustees then such fund shall be prorated among those entitled thereto as the board of trustees administering said fund shall determine to be just and equitable.
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Oklahoma § 19-955 (Prorating in case of insufficiencies.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Laws 1961, p. 218, § 5.
Nearby Sections
15
§ 19-1
Powers in general.§ 19-1001
Short title.§ 19-1002
Purpose - Commission created.§ 19-1006
Director.§ 19-1008
Powers of commission.§ 19-1011
Act as cumulative.§ 19-1060
Repealed