Oklahoma SB1029 allows certain employees to opt out of the Oklahoma Public Employees Retirement System's defined contribution.
Oklahoma SB1029 amends the Oklahoma Public Employees Retirement System to allow certain employees to opt out of the System's defined contribution without penalty. This applies to employees of participating employers hired after the entry date of their employer. The bill updates statutory language to reflect this new option.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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