A. In addition to all other items which are now or may hereafter be authorized to be paid from the court fund, it shall be the mandatory duty of the governing board of the court fund to pay annually for the sole use of the retirement system a sum equal to the contributions made to the retirement fund by the employees, but not to exceed the following percentages of the current annual salaries of all employees whose salaries are paid either in whole or in part out of the court funds of such county:
July 1, 2009 - June 30, 201015 1/2%
July 1, 2010 - June 30, 2011 and each year thereafter16 1/2%
Beginning July 1, 2009, the total employer and employee contributions shall not exceed sixteen and one-half percent (16.5%) of the monthly compensation of each member.
B. It shall be the mandatory duty of the governing board of the court fund to pay annually from the court fund to a county retirement system which is not a participant in the Oklahoma Public Employees Retirement System, the employer's contribution for that court reporter who pursuant to the provisions of Section 106.8 of Title 20 of the Oklahoma Statutes, exercised his or her option to continue as a member of the county retirement system following January 13, 1969. The contributions to be so paid shall be limited to the amount provided for in subsection A of this section. The provisions of this subsection shall operate retroactively to take effect on and after January 13, 1969.
Added by Laws 1963, c. 182, § 5, emerg. eff. June 10, 1963. Amended by Laws 1967, c. 222, § 5; Laws 1970, c. 184, § 2, emerg. eff. April 13, 1970; Laws 2009, c. 88, § 2, eff. July 1, 2009.