Oklahoma Statutes (Last Updated: September 18, 2014)

§ 11-50-136. Increase in pension benefits.

Latest version.

A. Except as provided in subsection B of this section, any person receiving benefits from the Oklahoma Police Pension and Retirement System as of June 30, 1989, shall receive a five percent (5%) increase in said benefits on July 1, 1990.
B. Any increase in benefits a person is eligible to recover or has received during calendar year 1989 and 1990 pursuant to repealed Section 50-120 of this title, shall be used to offset the increase in benefits provided in subsection A of this section.

Added by Laws 1985, c. 221, § 13, emerg. eff. July 8, 1985. Amended by Laws 1986, c. 186, § 1, operative July 1, 1986. Amended by Laws 1990, c. 340, § 13, eff. July 1, 1990.

                    
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