Section 2-305.1 - Computation of benefits - Increase in benefitsA. On July 1, 1988, a member who retired prior to July 1, 1985, or the surviving spouse of such a member or the surviving spouse of a member who became deceased prior to July 1, 1985, shall receive retirement benefits computed in accordance with the provisions of Section 2-305 of Title 47 of the Oklahoma Statutes. For the purpose of the computation, the final average salary shall be Two Thousand Two Hundred Seventeen Dollars ($2,217.00).B. Except for those persons specified in subsection A of this section, any person receiving benefits from the Oklahoma Law Enforcement Retirement System as of June 30, 1988, shall receive a three percent (3%) increase in said benefits on July 1, 1988.Okla. Stat. tit. 47, § 2-305.1
Added by Laws 1985, HB 1155, c. 296, § 4, emerg. eff. 7/24/1985. Amended by Laws 1988, HB 1588, c. 267, § 23.