General Employee Pension Correction

At a glance

  • What: Correction of general employee pension calculations under an IRS voluntary correction program, carried out by a new Lawton City Code Section 17-3-4-359.
  • Where it stands: The IRS approved the voluntary correction on 2026-09-10 and the pension board recommended the ordinance on 2026-09-17. The Council passed the ordinance 6 to 0 on 2026-10-13.
  • Next: the pension trust commission implements the corrections (overpayments grandfathered, underpayments made up).

Sources

Log

2026-10-13 - City Council

  • Item 40: ordinance creating Section 17-3-4-359 (Retirement and Pensions), a retroactive amendment approved by the IRS on net overpayments, passed 6 to 0.