§70-17-116.20. Increase in benefits - July 1, 2006.
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/ok/title-70-schools/70-17-116-20·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. Any person receiving benefits from the Teachers’ Retirement System of Oklahoma as of June 30, 2005, other than those benefits specified in subsection B of this section, who continues to receive benefits on or after July 1, 2006, shall receive a two-percent increase in said benefits beginning in July 2006.
B. Any person receiving benefits pursuant to subsection
(3)of Section 17-105 of Title 70 of the Oklahoma Statutes whose benefits commenced prior to July 1, 2005, and who continues to receive benefits on or after July 1, 2006, shall receive a two-percent increase in said benefits beginning in July 2006. Added by Laws 2006, 2nd Ex. Sess., c. 46, § 9, eff. July 1, 2006.