1. (a) The payment of amounts deferred under the Plan will become payable:

   1. (1) No earlier than thirty (30) days after the Participant separates from service with the State, through termination or retirement; or
   2. (2) No later than April 1 of the calendar year after the year the participant attains the applicable age as required by the federal Internal Revenue Code or such other date as may be permitted by the federal Internal Revenue Code, except as provided in 590:25-9-5. Roth Elective Deferral Subaccounts and Roth Rollover Contribution Accounts are not subject to the requirements of Section 401(a)(9)(A) of the federal Internal Revenue Code.
   3. (3) Plan-to plan transfers as described in 590:25-9-13 are not subject to the requirements for separation of service and shall be available for distribution within 45 days of acceptance of the properly completed distribution form as prescribed by OPERS.
2. (b) Rollover contributions as described in 590:25-9-16 are not subject to the requirements for separation of service and shall be available for distribution within 45 days of acceptance of a properly completed distribution form as prescribed by OPERS.

Amended at 12 Ok Reg 3249, eff 7-27-95

Amended at 19 Ok Reg 746, eff 12-20-01 (emergency)

Amended at 19 Ok Reg 1481, eff 5-28-02

Amended at 28 Ok Reg 677, eff 5-12-11

Amended at 33 Ok Reg 1815, eff 9-11-16

Amended at 37 Ok Reg 2051, eff 9-11-20

Amended at 38 Ok Reg 2462, eff 9-11-21

Amended at 41 Ok Reg, Number 22, effective 8-11-24