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AG: Education Board Must Contribute to Retirement (Nov 29, 2010)

OKLAHOMA CITY (AP) — The attorney general said the state Board of Education is violating the law by not making a required contribution this year to the Oklahoma Teachers' Retirement System.

In a formal opinion released Monday, Attorney General Drew Edmondson said the board has a statutory obligation to transfer money to the system.

The head of the OTRS requested the opinion earlier this year after the state board declined to transfer about $35 million to cover the cost of the state's contribution to teachers' retirement credits.

Lawmakers cut the Department of Education's budget this year and did not make any specific line-item appropriations.

A spokeswoman for the department said the board will address the matter at its next regular meeting on Dec. 16.

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