Oklahoma Statutes
§ 70-17-203 — Alternative retirement plans authorized – Permitted
Oklahoma·Title 70 Schools
investments. Alternate retirement plans for eligible employees are hereby authorized at participating institutions in lieu of the retirement plan offered by the Teachers' Retirement System of Oklahoma. Alternate retirement plans shall, for eligible employees, provide retirement and death benefits to such employees through the purchase of annuity contracts, qualified retirement trusts or custodial accounts, fixed or variable in nature, or a combination thereof, at the option of the participating institution.
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Legislative History
Added by Laws 2004, c. 385, § 3, eff. July 1, 2004. Amended by Laws 2017, c. 285, § 2, eff. Nov. 1, 2017.
Nearby Sections
15
§ 70-1-1
Repealed§ 70-1-10
Repealed§ 70-1-101
Oklahoma School Code.§ 70-1-102
Purpose of act.§ 70-1-103
Act to be liberally construed.§ 70-1-107
Educational services - Enumeration.§ 70-1-108
School district - Definition.§ 70-1-109.1
Optional Extended School Year Program.§ 70-1-11
Repealed§ 70-1-110
Repealed