reglab/housing_qa huggingface dataset:
20 OK Stat § 20-1103 (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1103. Contributions - Oklahoma Judicial Retirement Fund - Returns.

|A. Effective September 1, 2005, each Justice or judge who is a member of The Uniform Retirement System for Justices and Judges shall have eight percent (8%) of his or her current monthly salary withheld by the State of Oklahoma and deposited in a fund in the State Treasury which is hereby created and shall be known as the Oklahoma Judicial Retirement Fund. If a Justice or judge shall cease to be a Justice or judge of the above-mentioned courts, for any reason, before he or she has accumulated eight (8) years of accredited service, or dies after he or she has accumulated eight (8) years’ service and having no survivor benefit, then all the contributions retained from his or her salary shall be paid to him or her or his or her named beneficiary, or his or her estate in case of no named beneficiary, and he or she shall have no further claim against the State of Oklahoma for retirement pay for his or her services to date. |B. Notwithstanding any provision to the contrary, the compensation taken into account for any judge or Justice in determining contributions or benefit accruals for any plan year is limited to the annual compensation limit under Section 401(a)(17) of the federal Internal Revenue Code.C. Upon death of a retired judge who has no survivor benefits, there shall be paid to his or her named beneficiary, or his or her estate in case of no named beneficiary, an amount equal to the excess, if any, of his or her accumulated contributions over the sum of all retirement benefit payments made.D. Upon the death of a retired member, the benefit payment for the month in which the retired member died, if not previously paid, shall be made to the estate of the member or to the member’s beneficiary if there is no estate. Such benefit payment shall be made in an amount equal to a full monthly benefit payment regardless of the day of the month in which the retired member died.Added by Laws 1968, c. 128, § 3, emerg. eff. April 8, 1968. Amended by Laws 1969, c. 328, § 2, emerg. eff. May 7, 1969; Laws 1974, c. 247, § 2, emerg. eff. May 23, 1974; Laws 1976, c. 271, § 13, emerg. eff. June 15, 1976; Laws 1979, c. 255, § 2, eff. July 1, 1979; Laws 1998, c. 419, § 5, eff. July 1, 1998; Laws 1999, c. 257, § 11, eff. July 1, 1999; Laws 2004, c. 539, § 1, eff. July 1, 2004; Laws 2005, c. 464, § 4, eff. Sept. 1, 2005.
20 OK Stat § 20-1103.1 (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1103.1. Additional contributions - Minimum funded ratio - Reporting.

|A. On and after January 1, 2001, the Administrative Director of the Courts, in addition to the members' contributions, shall transfer monthly amounts for deposit in the State Judicial Retirement Fund as set out in Section 1309 of this title equal to two percent (2.0%) of the monthly total actual paid gross salaries of the members of the Uniform Retirement System for Justices and Judges. Effective July 1, 2005, such amounts transferred by the Administrative Director of the Courts shall be as follows: |Fiscal Year EndingPercentage of ContributionJune 30, 20063.0%June 30, 20074.0%June 30, 20085.5%June 30, 20097.0%June 30, 20108.5%June 30, 201110.0%June 30, 201211.5%June 30, 201313.0%June 30, 201414.5%June 30, 201516.0%June 30, 201617.5%June 30, 201719.0%June 30, 201820.5%June 30, 2019 and thereafter22.0%B. The State Judicial Retirement Fund should have a funded ratio at or near ninety percent (90%) or be receiving sufficient contributions to amortize any unfunded liability of the fund according to the amortization schedule adopted by the Board of Trustees of the Oklahoma Public Employees Retirement System. The Board of Trustees shall provide a copy of the annual actuarial report to the Governor, the Chief Justice of the Supreme Court, the Speaker of the House of Representatives and the President Pro Tempore of the Senate. In addition to this report, the Board shall provide a letter setting forth the amount of the actuarially required contributions for the System and any other recommendations that the Board may deem necessary.C. The Administrative Director of the Courts shall remit to the System all statutorily required retirement contributions due on a monthly basis. All required court and employee contributions and supporting documentation are due and must be received by the System on or before the fifteenth day of the month following the month for which the contributions are due. Court and employee contributions remitted to the System after thirty (30) days from the above due date shall be subject to a monthly late charge of one and one-half percent (1.5%) of the unpaid balance to be paid by the Administrative Director of the Courts to the System.Added by Laws 1999, c. 257, § 12, eff. July 1, 1999. Amended by Laws 2000, c. 37, § 8, eff. Jan. 1, 2001; Laws 2002, c. 438, § 2, eff. July 1, 2002; Laws 2004, c. 536, § 7, eff. July 1, 2004; Laws 2009, c. 420, § 1, eff. July 1, 2009; Laws 2010, c. 435, § 5, eff. July 1, 2010; Laws 2021, c. 190, § 2, eff. Nov. 1, 2021.
20 OK Stat § 20-1103.2 (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1103.2. Limit on employee contributions – Purchase of service credit - Rollovers.

|A. Subject to the provisions of this section, employee contributions made to the System shall not exceed the maximum annual additions permissible under Section 415 of the federal Internal Revenue Code. Notwithstanding any other provisions of law to the contrary, the Board may modify a request by a member to make contributions to the System if the amount of the contributions would exceed the limits under Section 415(c) or Section 415(n) of the federal Internal Revenue Code subject to the following: |1. Where the System’s law requires a lump sum payment, for the purchase of service credit, the Board may establish a periodic payment plan in order to avoid a contribution in excess of the limits under Section 415(c) or 415(n) of the federal Internal Revenue Code. The Board may by rule adopt a procedure for the pick-up of contributions for the purchase of service. However, the implementation of the pick-up is subject to a favorable ruling by the Internal Revenue Service; and2. An eligible member in the System, as defined by Section 1526 of the federal Taxpayer Relief Act of 1997, may purchase service credit without regard to the limitations of Section 415(c)(1) of the federal Internal Revenue Code as provided by state law in effect on August 5, 1997.B. Notwithstanding any other provision of law to the contrary, the Board may by rule permit the System to accept rollovers for the purchase of service.C. If the Board’s options under subsection A or B of this section will not avoid a contribution in excess of the limits under Section 415(c) or 415(n) of the federal Internal Revenue Code, the Board shall reduce or deny the contributions.Added by Laws 1999, c. 257, § 13, eff. July 1, 1999.
20 OK Stat § 20-1103.3 (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1103.3. Deduction of employee contributions – Picked up contributions.

|A. Employee contributions shall be deducted by the employer for such benefits as the Board is authorized to administer as provided for by law. Employee and employer contributions shall be remitted monthly, or as the Board may otherwise provide, to the Executive Director for deposit in the State Judicial Retirement Fund. |B. The employer shall pick up under the provisions of Section 414(h)(2) of the federal Internal Revenue Code and pay the contribution which the member is required by law to make to the System for all compensation earned after December 31, 1999. Although the contributions so picked up are designated as member contributions, such contributions shall be treated as contributions being paid by the participating employer in lieu of contributions by the member in determining tax treatment under the federal Internal Revenue Code and such picked up contributions shall not be includable in the gross income of the member until such amounts are distributed or made available to the member or the beneficiary of the member. The member, by the terms of this System, shall not have any option to choose to receive the contributions so picked up directly and the picked up contributions must be paid by the participating employer to the System.C. Member contributions which are picked up shall be treated in the same manner and to the same extent as member contributions made prior to the date on which member contributions were picked up by the participating employer. Member contributions so picked up shall be included in gross salary for purposes of determining benefits and contributions under the System.D. The employer shall pay the member contributions from the same source of funds used in paying salary to the member, by effecting an equal cash reduction in gross salary of the member.Added by Laws 1999, c. 257, § 14, eff. July 1, 1999.
20 OK Stat § 20-1103A (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1103A. Survivor benefits for spouse.

|A. Effective October 1, 2004, any surviving spouse of a deceased Justice or judge shall be eligible to receive an additional monthly survivor benefit provided: |1. The Justice or judge retired or died on or after July 1, 1999;2. The Justice or judge paid the required contributions to provide the survivor benefits as set forth in Section 1103 of this title prior to July 1, 1999;3. Those required additional contributions have not been refunded to the Justice or judge or to a beneficiary;4. The Justice or judge and the surviving spouse remained continuously married; and5. The Justice or judge continued to make such required contributions to provide the survivor benefits up to the time of retirement or death.The additional amounts described in subsection B of this section shall not be made to the surviving spouse if the member elects an Option A or Option B survivor option pursuant to Section 3 of this act.B. Any eligible surviving spouse of a deceased Justice or judge, as described in subsection A of this section, shall receive an additional monthly survivor benefit, based upon the length of payments of the required contributions to provide the survivor benefits as set forth in Section 1103 of this title which were made prior to July 1, 1999, as follows:Length of PaymentsSurvivor Benefit % Increase1 month - 9 years, 11 months5%10 years - 19 years, 11 months10%20 years or more15%C. The survivor benefit increase shall be in addition to the fifty percent (50%) survivor benefit otherwise payable pursuant to Section 1102A of this title. An eligible surviving spouse of a deceased Justice or judge who, on September 30, 2004, is receiving benefits from the Uniform Retirement System for Justices and Judges shall be entitled to receive the survivor benefit increase set forth above beginning with the October 1, 2004, monthly benefit payment. An eligible surviving spouse of a deceased Justice or judge who begins receiving benefits from the Uniform Retirement System for Justices and Judges after September 30, 2004, shall be entitled to receive the survivor benefit increase set forth above beginning with the first month of survivor benefit payments.Added by Laws 1974, c. 247, § 3, emerg. eff. May 23, 1974. Amended by Laws 1999, c. 257, § 15, eff. July 1, 1999; Laws 2004, c. 536, § 8, eff. July 1, 2004; Laws 2005, c. 464, § 5, eff. Sept. 1, 2005.
20 OK Stat § 20-1103C (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1103C. Reinstatement of service credit.

|A Justice or judge whose employment as such has terminated and who has withdrawn his contributions made to the Oklahoma Judicial Retirement Fund may, upon return to service as a Justice or judge with participation in the System, procure reinstatement of service credit for the years during which contributions were made and withdrawn by paying the Oklahoma Judicial Retirement Fund the full amount of contributions previously withdrawn with interest thereon at the annual percentage rate of ten percent (10%) from the date of withdrawal. |Added by Laws 1976, c. 138, § 2, operative July 1, 1976. Amended by Laws 1993, c. 322, § 8, emerg. eff. June 7, 1993; Laws 1999, c. 257, § 16, eff. July 1, 1999.
20 OK Stat § 20-1103D (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1103D. State Supernumerary Judges - Abolition.

|The abolition of the office of State Supernumerary Judges, heretofore effective January 13, 1969, shall continue in full force and effect, and nothing in this act shall be interpreted to allow any judge to hereafter act in such a capacity or be paid any remuneration or compensation therefor. |Added by Laws 1976, c. 138, § 3, operative July 1, 1976.
20 OK Stat § 20-1103E (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1103E. Death benefit.

|Upon the death of a retired member, the Uniform Retirement System for Justices and Judges shall pay to the beneficiary of the member or if there is no beneficiary or if the beneficiary predeceases the member, to the estate of the member, the sum of Four Thousand Dollars ($4,000.00) as a death benefit for those retired members who died prior to July 1, 1999. For those retired members who die on or after July 1, 1999, the sum shall be Five Thousand Dollars ($5,000.00). The benefit payable pursuant to this section shall be deemed, for purposes of federal income taxation, as life insurance proceeds and not as a death benefit if the Internal Revenue Service approves this provision pursuant to a private letter ruling request which shall be submitted by the board of trustees of the System for that purpose. |Added by Laws 1987, c. 236, § 157, emerg. eff. July 20, 1987. Amended by Laws 1999, c. 167, § 4, eff. July 1, 1999; Laws 2002, c. 352, § 3, eff. July 1, 2002.
20 OK Stat § 20-1103F (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1103F. Credit for service accumulated in other retirement systems.

|A member of the Uniform Retirement System for Justices and Judges may receive credit for those years of credited service accumulated by the member while a member of the Oklahoma Firefighters Pension and Retirement System, the Oklahoma Police Pension and Retirement System, the Oklahoma Law Enforcement Retirement System, the Teacher's Retirement System of Oklahoma or the Oklahoma Public Employees Retirement System, if the member is not receiving or eligible to receive retirement credit or benefits from said service in any other public retirement system. To receive the service credit, the member shall pay the amount determined by the Board of Trustees pursuant to Section 1103G of this title. Said service of the member shall not alter the member's vesting requirements. The service will be added after the member reaches vesting date. |Added by Laws 1987, c. 236, § 158, emerg. eff. July 20, 1987. Amended by Laws 1989, c. 224, § 2, eff. July 1, 1989; Laws 1990, c. 340, § 18, eff. July 1, 1990; Laws 1993, c. 322, § 9, emerg. eff. June 7, 1993.
20 OK Stat § 20-1103H (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1103H. Study on restructuring the Uniform Retirement System for Justices and Judges.

|On or before November 1, 2004, the Oklahoma Public Employees Retirement System shall conduct a study pursuant to this section. The study shall focus on restructuring the Uniform Retirement System for Justices and Judges to create a uniform contribution rate for all members of the System for the purpose of providing survivor benefits. The Oklahoma Public Employees Retirement System shall issue a report based on the findings of the study and shall include any recommendations for the implementation of a uniform contribution rate. The report shall be delivered to the President Pro Tempore of the Senate, the Chair of the Retirement and Group Health Committee of the Senate, the Chair of the Retirement Laws Committee of the House of Representatives and the Speaker of the House of Representatives no later than December 1, 2004. |Added by Laws 2004, c. 536, § 9, eff. July 1, 2004.
20 OK Stat § 20-1104 (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1104. Retirement compensation.

|Each justice or judge who is a member of The Uniform Retirement System for Justices and Judges upon retirement after June 30, 2004, shall be entitled to receive as retirement compensation, until changed by the Legislature, an annual amount, each monthly payment of which shall be in an amount equal to four percent (4%) of the average monthly salary received by him or her as a justice or judge based on the highest three (3) years of active service multiplied by the number of total years of service and reduced according to the elected survivor option, if any. The amounts of compensation reported to the Oklahoma Public Employees Retirement System for the Uniform Retirement System for Justices and Judges, by the Office of Management and Enterprise Services prior to June 30, 2004, may be conclusively presumed as valid regarding the source of the compensation reported as salary for purposes of the accuracy of the employees' contributions and the computation of salary for the calculation of benefits. This presumption shall not include any computation error made by the Office of Management and Enterprise Services or the Oklahoma Public Employees Retirement System on behalf of the Uniform Retirement System for Justices and Judges. Provided, however, that no justice or judge retiring after June 30, 2004, may receive a monthly retirement benefit in excess of one hundred percent (100%) of the average monthly salary based on the highest three (3) years of active service and found applicable to such justice or judge at the time of retirement. Retirement compensation shall be payable monthly out of the State Judicial Retirement Fund by warrants prepared by the Executive Director of the Public Employees Retirement System and issued by the State Treasurer. |Added by Laws 1968, c. 128, § 4, emerg. eff. April 8, 1968. Amended by Laws 1969, c. 328, § 3, emerg. eff. May 7, 1969; Laws 1971, c. 312, § 8, emerg. eff. June 24, 1971; Laws 1979, c. 255, § 3, eff. July 1, 1979; Laws 1982, c. 360, § 2, eff. Oct. 1, 1982; Laws 1995, c. 318, § 2, eff. July 1, 1995; Laws 1997, c. 323, § 1, eff. July 1, 1997; Laws 1998, c. 419, § 6, eff. July 1, 1998; Laws 2002, c. 438, § 3, eff. July 1, 2002; Laws 2004, c. 536, § 10, eff. July 1, 2004; Laws 2005, c. 464, § 6, eff. Sept. 1, 2005; Laws 2012, c. 304, § 77.
20 OK Stat § 20-1104.1 (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1104.1. Maximum benefits permitted – Qualified governmental excess benefit arrangements.

|A. Benefits payable from the System may not exceed the maximum benefits specified by Section 415(b) of the federal Internal Revenue Code. |B. Subject to approval by the Internal Revenue Service, the Board may establish and maintain a qualified governmental excess benefit arrangement under Section 415(m) of the federal Internal Revenue Code. The Board may establish by rule the necessary and appropriate procedures for the administration of such benefit arrangement under the federal Internal Revenue Code. If the amount of any annual benefit would exceed the limitations imposed by Section 415 of the federal Internal Revenue Code, that excess amount may be paid from this benefit arrangement. The amount of any contribution that would exceed the limitations imposed by Section 415 of the federal Internal Revenue Code would be credited to this benefit arrangement. If established, the qualified excess benefit arrangement must be a separate portion of the retirement plan. The qualified excess benefit arrangement is subject to the following requirements:1. The benefit arrangement shall be maintained solely for the purpose of providing to members in the retirement plan that part of the member’s annual benefit otherwise payable under the terms of the act that exceed the limitation on benefits imposed by Section 415 of the federal Internal Revenue Code; and2. Members do not have an election, directly or indirectly, to defer compensation to the excess benefit arrangement.Added by Laws 1999, c. 257, § 18, eff. July 1, 1999.
20 OK Stat § 20-1104.2 (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1104.2. Distribution requirements.

|A. All benefits paid from the System shall be distributed in accordance with the requirements of Section 401(a)(9) of the federal Internal Revenue Code and the regulations under that section. In order to meet these requirements, the System shall be administered in accordance with the following provisions: |1. Distributions of a member's benefits must begin no later than the date required by Section 401 of the federal Internal Revenue Code;2. The life expectancy of a member or a member's spouse may not be recalculated after the benefits commence;3. If a member dies before the distribution of the member's benefits has begun, distributions to beneficiaries must begin no later than December 31 of the calendar year immediately following the calendar year in which the member died; and4. The amount of benefits payable to a member's beneficiary may not exceed the maximum determined under the incidental death benefit requirement of the federal Internal Revenue Code.B. Except as otherwise provided in Section 1102 of this title, distributions from the System may be made only upon retirement, separation from service, disability or death.Added by Laws 1999, c. 257, § 19, eff. July 1, 1999. Amended by Laws 2020, c. 57, § 1, eff. July 1, 2020.
20 OK Stat § 20-1104A (2021)
2021 Oklahoma Statutes|Title 20. Courts|§20-1104A. Accrual of retirement benefits - Increase of benefits - Minimum amount.

|A. Retirement benefits shall accrue from the first day of the month coinciding with or following retirement and ending on the last day of the month in which death occurs or the actuarial equivalent thereof paid in such manner as specified by the member pursuant to this act or as otherwise allowed to be paid at the discretion of the board. |B. Any Justice or judge or surviving spouse of a deceased judge who, on July 1, 1979, is receiving benefits from the Uniform Retirement System for Justices and Judges shall be entitled to receive an increase of ten percent (10%) of such benefits as of June 30, 1979.C. The retirement compensation payable to a Justice or judge who was a member of The Uniform Retirement System for Justices and Judges on June 30, 1979, shall not be less than the retirement compensation that would have been payable had the provisions of the System on such date have continued without change including the ten percent (10%) increase provided in this section.Added by Laws 1979, c. 255, § 4, eff. July 1, 1979.