20-221D 20-221D . . . Stock Bonus Plan Board of Directors has authority to determine which key employees shall be awarded stock bonuses, amounts of bonuses, number of shares of common stock to be awarded, and all other terms and provisions of each bonus. Bonus awards are based on attainment of specified types and combinations of performance measurement criteria, which may differ as to various employees
Oklahoma Executive Bonus Plan
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Multi-State
Control #:
US-CC-20-221D
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FAQ
Commonly called a 457 plan, the Deferred Compensation Plan allows eligible employees to supplement any existing retirement/pension benefits by contributing and investing pre- tax dollars through voluntary salary deferrals.
The Oklahoma Public Employees Retirement System (OPERS) administers retirement plans for several different types of Oklahoma state and local government employees. The primary plan is a defined benefit retirement plan.
Paid Time Off (PTO) in Oklahoma Private employers in Oklahoma are not required to provide paid or unpaid vacation. However, if an employer chooses to offer vacation leave to its employees, paid or unpaid, it must comply with appropriate state law, established company policy, and the employment contract.
New state employees begin to accrue annual leave at 15 days per year, increasing incrementally based upon years of service. The maximum for annual leave accrual is 25 days per year.
Full-time State of Oklahoma employees are eligible for several types of time off and entitled to additional benefits, including the following: Leave. Insurance. Longevity Pay. Schedules. Retirement.
Filters Years of ServiceAnnual Longevity PaymentAt least 4 years but less than 6 years$426.00At least 6 years but less than 8 years$626.00At least 8 years but less than 10 years$850.00At least 10 years but less than 12 years$1,062.007 more rows
A state paid statutory benefit for covering the cost of health insurance over a twelve (12) month period. If not taking health insurance but qualify, may take the ?In Lieu of FBA? benefit as taxable compensation.
You can manage your account online at .soonersave.com, by downloading the Empower Retirement app or by calling the voice response system at 877-538-3457: Access your account balance and see your estimated monthly retirement income.
