Okla. Admin. Code § 715:10-15-14

Current through Vol. 42, No. 4, November 1, 2024
Section 715:10-15-14 - Actuarial tables

Actuarial tables, developed by consulting actuaries, have been adopted by the Board of Trustees and will be used for computation of benefits. Factors for ages or types of annuities, which are not included in the tables, will be computed from the same data by the same general formulas. The Board of Trustees may adopt new tables at anytime upon recommendation of the consulting actuaries, when in the opinion of the Board the experience of the System may justify the need for such change. New tables shall be published by the Board with an effective date.

Okla. Admin. Code § 715:10-15-14