- (a) Lump-sum retirement payment. A lump-sum distribution from a retirement plan shall be deductible from benefits in the week received.
- (b) Regular retirement payments. If a claimant is receiving monthly retirement payments that are required to be deducted from unemployment insurance benefits pursuant to 40 O.S. §2-411, the Commission shall deduct 7/30ths of the monthly retirement payment from each week of unemployment benefits received.
- (c) Severance pay. Severance pay which is deemed wages shall be deductible from benefits in the week received.
Amended at 9 Ok Reg 1327, eff 2-27-92 (emergency)
Amended at 9 Ok Reg 1833, eff 6-11-92
Amended at 21 Ok Reg 779, eff 5-1-04
Amended at 29 Ok Reg 459, eff 5-15-12