Awards exempt from retirement contributions - Funding source. Incentive pay awards provided pursuant to the provisions of the Incentive Awards for State Employees Act shall be exempt from retirement contributions and shall not be included for the purpose of computing a retirement allowance pursuant to any public retirement system of this state. Funds for this incentive pay shall be drawn from the operating expenses of the agency, department, commission, or office for the eligible fiscal year.
Okla. Stat. tit. 74, § 4119
Awards exempt from retirement contributions - Funding source
Known as the Incentive Awards for State Employees Act
The act spans §§ 74–74 (13 sections).
Added by Laws 1984, c. 269, § 9, operative July 1, 1984
Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.