Statutes, codes, and regulations
Oklahoma Administrative Code
Title 590 - Oklahoma Public Employees Retirement SystemChapter 15 - Uniform Retirement System for Justices and Judges
Subchapter 5 - Excess Benefit Plan and Trust
Section 590:15-5-12 - Investment

Okla. Admin. Code § 590:15-5-12

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Current through Vol. 42, No. 4, November 1, 2024
Section 590:15-5-12 - Investment

The Board may hold such portion of the Excess Benefit Plan uninvested as the Board deems advisable for making distributions under the Excess Benefit Plan, or may invest assets of the Excess Benefit Plan pending the Excess Benefit payments. The Board shall not purchase an annuity contract with the assets of the Excess Benefit Fund.

Okla. Admin. Code § 590:15-5-12

Added at 28 Ok Reg 100, eff 9-17-10 (emergency); Added at 28 Ok Reg 672, eff 5-12-11