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Form a Business

Rate of contributions.

Oklahoma City Municipal Code § 40-121
in effect
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§ 40-121. - Rate of contributions. Every employee, as a condition of his/her employment, shall agree to contribute by a binding and irrevocable election for a payroll deduction, to the retirement program in which he/she is a member, the sum of six percent of his/her compensation for the period of his/her employment by the City. The employee shall not have the option of receiving such specified amounts directly. Any foregoing election made pursuant to this section is subject to the requirements outlined in Section 40-126 of the System. (Ord. No. 21916, § 2, 2-12-02; Ord. No. 23758, § 3, 12-9-08, eff. 1-1-09)
Source: City of Oklahoma City, Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/ok/oklahoma_city/codes/code_of_ordinances?nodeId=OKMUCO2020_CH40PERESY_ARTIIIPERE_DIV1EMREPR_PTEEMCO_S40-121RACOFetched: 10/28/2026

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